Energy & Mining
Advisors broach WESM price cap removal to Malacañang
The Energy Regulatory Commission (ERC) on Monday bared the likelihood of lifting the so-called secondary price cap at the Wholesale Electricity Spot Market (WESM), the idea having been already presented to President Ferdinand Marcos Jr. in meeting with the Private Sector Advisory Council (PSAC) last week.
Vis-Min grid interconnection nearly done
The Mindanao-Visayas interconnection project (MVIP) is 80 percent complete and can already transport power between the island groups, according to the Department of Energy (DOE).
ACEN investing $250M in BrightNight’s India projects
ACEN Corp. said Monday it has signed a partnership with US-based renewable power company, BrightNight, to develop, construct and operate large-scale hybrid wind-solar and round-the-clock renewable power projects in India.
Meralco seeks new EPSA supplier; increases power rates for March
The Manila Electric Co. (Meralco) has yet to secure a new emergency power supply agreement (EPSA) after the expiry of the 300-megawatt baseload transaction with Aboitiz Power's GN Power Dinginin.
Higher generation charge push power rates up in March
The Manila Electric Company (Meralco) on Friday bared an upward adjustment of P0.5453 per kWh in the electricity rate this March, bringing the overall rate for a typical household to P11.4348 per kWh from the previous month’s P10.8895 per kWh.
