Energy & Mining
Gasoline costs 45 centavos more per liter this week
The cost of gasoline rises 45 centavos more per liter a moment after the clock strikes 12 midnight Tuesday, 2 April.
300 MW new capacity comes online in hot months up ahead
The Department of Energy (DOE) said as much as 300 megawatts worth of additional power is coming online during the summer months.
IEMOP signals WESM price hikes as mercury levels climb in the hot months ahead
The Independent Electricity Market Operator of the Philippines (IEMOP) projected peak power demand rising 6 percent at the Wholesale Electricity Spot Market (WESM) as temperature climbs in the hot months forward when the island groups across the country demand the most from the power grid.
Alabat Wind supplies NGCP with 62.4 MW in a new interconnection pact
The Alabat Wind Power Corp. (AWPC), the renewable energy arm of Alternergy Holdings Corp., is supplying the National Grid Corporation of the Philippines (NGCP) with 62.4 megawatts (MW) from its wind power project in Alabat, Quezon in an interconnection agreement (ICA)
Lone bidder at Meralco CSP exercise raises likelihood of negotiated power purchase
Only one company has expressed interest to provide the Manila Electric Co. (Meralco) with the 260 megawatts of power it needs for its franchise area in the hot months ahead.
