Partners for Affordable & Reliable Energy (PARE), a group that advocates for pro-consumer solutions to address energy needs, said it welcomes the decision by the Energy Regulatory Commission (ERC) to suspend trading in the Wholesale Electricity Spot Market (WESM) under certain conditions.
Under the ERC’s directive, WESM trading is suspended once the National Grid Corporation of the Philippines (NGCP) declares a red alert for Luzon and Visayas.
“This initiative by the...
The Energy Regulatory Commission on Thursday denied that red tape led to the power crisis in Occidental Mindoro province.
It issued the statement in the...
Oil player Pilipinas Shell Petroleum Corp. said Wednesday it secured a five-year loan worth P9 billion, evenly split between the Bank of the Philippines...
Listed Vivant Corp. said Wednesday its subsidiary acquired a 22-megawatt solar power plant and its ancillary facilities in San Ildefonso, Bulacan for $15.5 million.
Vivant...
