spot_img
29.9 C
Philippines
Monday, May 13, 2024

Energy

Spot market power rates soared in April

System-wide electricity spot market prices increased by P1.37 per kilowatt-hour to P6.90 per kWh in April from P5.53 per kWh in March following the imposition of red and yellow alerts amid the high power demand. The Independent Electricity Market Operator of the Philippines, operator of the Wholesale Electricity Spot Market, said in its monthly operation highlights that average supply for April (March 26 to April 25) reached 19,210 megawatts (MW)...

Yuchengco’s Bohol solar project starts installing panels

Rizal Green Energy Corp. (RGEC) of the Yuchengco Group, through its special...

Alabat wind project starts construction

Alternergy Holdings Corp. subsidiary Alabat Wind Power Corp. (AWPC) on Thursday held...

RE developer signs turbine supply deal for 100-MW Laguna wind project

The Blue Circle (TBC), a leading renewable energy company in Southeast Asia,...

LATEST Energy

LATEST

Watchdog backs ERC appeal on Meralco-SMC deals

The watchdog group Power for People Coalition (P4P) expressed support for the move by the Energy Regulatory Commission (ERC) to appeal before the Supreme...

ACEN’s income climbed to P2.7b in Q1 on higher power output

ACEN Corp., the listed energy platform of the Ayala Group, said Wednesday its consolidated net income climbed 34 percent to P2.7 billion in the...

NGCP seeks help to complete Amlan-Dumaguete line

National Grid Corp. of the Philippines asked stakeholders and Negros Oriental government officials for assistance as it expedites the completion of the Amlan-Dumaguete 138-kiloVolt...

Zamboanga faces power woes amid delays in contract approval

Zamboanga City faces the threat of power fluctuations and outages due to a delay by the Energy Regulation Commission (ERC) in approving an ancillary...

PRINT EDITION

ADVERTISEMENT

spot_img