The Energy Regulatory Commission (ERC) has ordered Wholesale Electricity Spot Market (WESM) regulator Philippine Electricity Market Corp. (PEMC) to explain the high rental payable of Iloilo City’s power distributor MORE Electric and Power Corp
Coal futures have soared to record highs, reaching $179 per tonne this month. Spot prices of thermal coal, used in power stations, have risen 110 percent since the start of the year and are nearing 2008’s record.
MANILA, Philippines — The Manila Electric Company (Meralco) on Friday announced that there will be a slight increase in electricity rates in September due to higher generation charges with an upward adjustment of P0.1055 per kWh in its electricity rates, bringing the bill to P9.1091 per kWh from P9.0036 per kWh in August.
ILOILO CITY – The local government here and business groups have urged the Energy Regulatory Commission (ERC) to intervene regarding the damaged submarine cable of the National Grid Corporation of the Philippines (NGCP) that is causing an increase in the power rate in Western Visayas.
Power generation charges may remain flat in September on low demand arising from the imposition of the enhanced community quarantine for the National Capital Region, Manila Electric Co. said Monday. “The generation charge for September might be flattish as lower demand due to the return to ECQ of NCR and neighboring regions starting Aug. 6 […]
THE Manila Electric Company (Meralco) will continue to suspend its power disconnection activities in its franchise area until end of this month.
EXTRAORDINARY spikes in spot electricity prices recently have led Singapore’s electricity retailers to pass the buck to new household customers by raising the prices of fixed-price plans under the city-state’s Open Electricity Market (OEM).
The Department of Energy (DOE) said that it has 7,712 megawatts (MW) in committed power plant projects, which are to be added to the grid from this year until 2027. Energy Sec. Alfonso Cusi reported this to Pres. Rodrigo Duterte during his usual late-night Talk to the People on Thursday.
Renewable energy (RE) players said transmission line constraint is one of the possible hindrances to achieving the country’s target RE capacity in the next 20 years.
Fast track delivery of a 200 MW engine power plant by Wartsila’s will ease Cambodia’s electricity demand
The technology group Wartsila will supply a 200 MW flexible baseload power plant to Cambodia that will help meet the country’s rapidly growing energy demand. Because of the urgent need to increase electricity supply, Wartsila is delivering the plant on a fast track basis. The order with Wartsila was placed in June 2019 by CGGC-UN […]