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    Tag: Wholesale Electricity Spot Market

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    Meralco power rates lower in Feb

    Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge. 

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    Joint initiative targets cheaper, cleaner Visayas, Palawan electricity

    Primelectric Holdings Inc. (PHI) has signed a joint study agreement with Saudi Arabia's ACWA Power to explore renewable energy (RE) and storage opportunities in the Visayas and Palawan.

    NGCP cleared to recover ₱28B in past charges

    The Energy Regulatory Commission (ERC) on Monday announced that the National Grid Corporation of the Philippines (NGCP) may begin collecting up to ₱28.29 billion in transmission rate adjustments starting August this year following the regulator’s approval of the utility’s fourth rate reset and under-recovery charges from 2016 to 2022.

    Singapore Airlines boosts Cebu connectivity

    Singapore Airlines (SIA) and its low-cost carrier Scoot have strengthened their partnership to offer more accessible international travel for Cebuano passengers, highlighting Cebu as a strategic gateway to the world.

    T-Bill rates inch up inspire of strong demand

    Philippine treasury bill rates mostly inched higher at Monday’s auction, even as investor demand remained robust, with total bids more than three times the amount on offer.

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