Myrna M. Velasco
DOE to rescind order on joint CSP for electric coops’ gas aggregation
May 02, 2024 8:24 am
The Department of Energy (DOE) will be rescinding its order mandating the conduct of joint competitive selection process (CSP) for the electric cooperatives (ECs) in their aggregated procurement of capacities from gas-fired power facilities.
ERC seeks staggered rate hikes during summer months
May 02, 2024 7:22 am
With high anticipation that electric bills will drastically spike during the summer months, the Energy Regulatory Commission (ERC) sounded off this early that it will prod the private distribution utilities (DUs) and electric cooperatives (ECs) on staggered billing on the resulting radical rate spikes during the summer months.
ERC suspends spot market, but consumers warned of ‘electric bill shocks’
May 01, 2024 1:12 am
The Energy Regulatory Commission (ERC) has ordered suspension of the Wholesale Electricity Spot Market (WESM) - but only after two weeks from the incursion of yellow and red alerts in the Luzon and Visayas grids, hence, consumers are being warned of forthcoming bill shocks.
LPG prices on rollback by P1.09-P1.15/kg
April 30, 2024 11:56 pm
Budget-conscious families will gain slight flexibility in their budgets this month, as the price of liquefied petroleum gas (LPG) will be on moderate rollback of P1.09 to P1.15 per kilogram as advised by the industry players.
PNOC, Lank Bank subsidiary ink deal on solar rooftop installations
April 30, 2024 8:10 am
State-run Philippine National Oil Company (PNOC) has cemented a memorandum of understanding (MOU) with LBP Resources and Development Corporation (LBRDC), a subsidiary of Land Bank, for the rollout of solar rooftop installations at the latter’s economic zone domains.