The Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from consumers to cover 70 percent of uncollected payments in the ancillary reserve market. This is expected to result in higher electricity prices.
The ERC said the National Grid Corporation of the Philippines (NGCP) will collect the amount over three months for Luzon and Mindanao consumers and six months for Visayas consumers. The rate impact will be P0.124 per...
The Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from consumers to cover 70 percent of uncollected payments in the ancillary reserve market. This is expected to result in higher electricity prices.
The ERC said the National Grid Corporation of the Philippines (NGCP) will collect the amount over three months for Luzon and Mindanao consumers and six months for Visayas consumers. The rate impact will be P0.124 per...
The Philippine Energy Efficiency Alliance (PE2) is hoping the improved incentive package under CREATE MORE law would attract more energy efficiency projects to secure...
Terra Solar Philippines Inc. (TSPI) said Monday it signed an engineering, procurement and construction (EPC) contract with the Power Construction Corporation of China Ltd....
Meralco PowerGen Corp. (MGen) plans to convert its two stranded coal plants in Zambales and La Union into gas-fired facilities, according to an executive.
MGen...
