The Independent Electricity Market Operator of the Philippines (IEMOP) is preparing for the launch of the renewable energy (RE) market, aiming to start commercial operations by next month. In a briefing on Thursday, Nov. 7, Arjon Valencia, IEMOP corporate planning and communications manager,...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported an increase in the average electricity prices in October due to a slight hike in demand. During a media briefing on Tuesday, Nov. 5, the IEMOP noted that last month saw a significant increase in the Wholesale...
The Philippine Independent Power Producers Association Inc. (PIPPA) has thumbed down a legislative proposal that will prioritize the use of Malampaya gas on the electricity generation grind of various gas-fed power plants in the country. While there is a high level temptation to prioritize...
Energy Regulatory Commission (ERC) Monalisa C. Dimalanta will temporarily leave her office as chief regulator of the deregulated power industry to comply with the six-month suspension meted out by the Office of the Ombudsman. In a statement to the media, Dimalanta indicated that she will...
Prior to trading resumption in the reserve market, the Department of Energy (DOE) has instructed the operator of the Wholesale Electricity Spot Market (WESM) to issue guidelines on the synchronization of dispatch intervals for both traded energy capacities and ancillary services for an efficient...
The Energy Regulatory Commission (ERC) has finally lifted the suspension it earlier imposed on the settlement of traded capacities in the co-optimized reserve market, hence, consumers will have to brace for added cost burden in their forthcoming electric bills. With the lifting of the settlement...
While its corporate life will already end in two years, the outstanding financial obligations of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is still at a whopping P292.486 billion as of end-April this year. According to the company, its total debts stand at P254.6...
The Energy Regulatory Commission (ERC) is not inclined on removing the caps for the number of days allowed for maintenance shutdowns and even for the ‘forced outages’ of power plants across technologies. As sounded off by ERC Chairperson Monalisa C. Dimalanta, “it’s impossible to remove the...
(Left) Lanao del Sur 1st district Rep. Zia Alonto Adiong (Right) Former presidential chief legal counsel Salvador Panelo (PPAB, OPS/MANILA BULLETIN) Lanao del Sur 1st district Rep. Zia Alonto Adiong issued a simple challenge to former presidential...
If there’s anything the recent Metro Manila Film Festival showed us, Filipinos now have a yearning for quality cinema. Gone are the days of endless sequels and rehashed films made by the same set of celebrities. Thanks to the advancement of technology, the means for creating films are now readily...
An increase of P0.0846 per kilowatt hour (kWh) in the January billing cycle of Manila Electric Company (Meralco) will bring slight squeeze in the pockets of its roughly 8.0 million customers in the initial month of this year. The power utility firm announced that its tariff will climb to P11.3430...
The Christmas gift for the roughly 8.0 million customers of Manila Electric Company (Meralco) will be bundled up in their electric bills, as the overall tariff of the utility firm in its December billing cycle had been down by P0.7961 per kilowatt hour. On an all-inclusive basis, the electricity...
