Meralco and the grid, generation capacity, fuel prices, renewables and ERC rulings.
Energy & Power
POWER DISTRIBUTOR Manila Electric Co. (Meralco) is seeking approval from the Energy Regulatory Commission (ERC) to operate as a distribution utility microgrid system provider on Cagbalete Island in Mauban, Quezon, for 20 years. In a filing with the ERC, Meralco sought approval of its microgrid system provider service contract with the…
Energy & Power
THE PESO sank to a new record low against the dollar on Tuesday on investors’ flight to safer assets as the Middle East conflict worsened, causing global oil prices to surge. The currency dropped by 3.9 centavos to close at P62.625 versus the greenback from Monday’s P62.586 finish, data from the Bankers Association of the […]…
Energy & Power
Fuel is the delivery cost every company tracks. The harder one arrives by phone call, at four in the afternoon, in whatever size the day happens to need. Fuel prices have put delivery budgets under renewed pressure this year. But fuel is at least a visible cost, and most companies already track it. The harder […]…
Energy & Power
MANILA, Philippines — Consumers may experience rotational brownouts anew across the Visayas grid on Wednesday, as more coal plants in the region and in Mindanao remain offline. In an advisory, the National Grid Corp. of the Philippines said the Visayas would be under a red alert from 1 p.m. to 10 p.m. READ: DOE targets brownout-free…
MANILA, Philippines — Consumers in the Visayas and Mindanao may see a spike in their electricity bills this month as the spot market reported a surge in power prices, reaching nearly P20 per kilowatt-hour (kWh). In a media briefing, the Independent Electricity Market Operator of the Philippines (IEMOP) said power traded at the Wholesale…
The Mindanao grid will be placed under yellow alert on Wednesday, September 9, due to the unavailability of some coal plants, the National Grid Corporation of the Philippines (NGCP) said.
MANILA, Philippines The Department of Energy (DOE) is seeking bids for a new round of green power auction focused on biomass technology, offering 160 megawatts (MW) of capacity. Based on its notice for the sixth round of the green energy auction, or GEA-6, a total of 120 MW will be available for stand-alone facilities, while…
