System operator National Grid Corporation of the Philippines (NGCP) expressed its willingness to work with the current leadership in the energy sector, primarily on the warranted procurement of reserves for the reliable operations of the power system, if vested interests and fairness will be upheld...
Only $123.9-M submitted on SMC power unit's $400-M tender offer By MYRNA M. VELASCO SMC Global Power Holdings Corporation (SMCGP), the energy investment arm of the San Miguel group, reported that it only received $123.934 million worth of securities by its bondholders, way below the $400-million...
The Energy Regulatory Commission (ERC) has denied the P0.30 per kilowatt hour (kWh) rate hike that had been jointly applied for by the Manila Electric Company (Meralco) and SMC Global Power Holdings (SMCGP) of the San Miguel group. In a ruling issued by the power industry regulator on Monday, Oct....
The Energy Regulatory Commission (ERC) will prudently examine the implication of the P0.30 per kilowatt-hour (kWh) rate hike plea of SMC Global Power Holdings Corporation (SMCGP) to the similarly-situated power supply agreements (PSAs) underwritten by the other power utilities. The bid of San...
Newly-designated Chairperson of the Energy Regulatory Commission (ERC) is advocating for "exchange programs" with peers in the Southeast Asian region, so the country could elevate its level of regulations in the power industry to higher standards. In her assumption of office at the ERC’s helm,...
Prime Infrastructure, the energy investment arm of the Razon group, will be joining the growing retail electricity suppliers (RES) catering to the power needs of contestable customers, or the segment of end-users that can directly negotiate or contract with their preferred service providers....
The Philippine Electricity Market Corporation (PEMC), the governance body of the Wholesale Electricity Spot Market (WESM), said legal questions still hound the claim of Independent Electricity Market Operator of the Philippines (IEMOP) that it was already duly sanctioned by the high court as...
The Independent Electricity Market Operator of the Philippines (IEMOP), the operating entity of the Wholesale Electricity Spot Market (WESM), is planning to stop collecting market fees from trading participants if no coordination could still be established with the board of the Philippine...
Newly-designated Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta is being prodded this early to "prioritize the welfare" of Filipino consumers in her new role as chief regulator in the restructured electricity sector; instead of bowing down to the wishes of her former corporate...
The Office of the President has released on Wednesday, Aug. 3, the appointment papers of the new Energy Regulatory Commission chairperson lawyer Monalisa Carneo Dimalanta, who served as chief legal counsel and compliance Officer of Aboitiz Power Corporation prior to her appointment. Dimalanta, an...
SMC Global Power Holdings Corporation (SMCGP), the power investment arm of San Miguel Corporation, logged colossal losses of P15 billion on the electricity generation operation of its power plants due to surging fuel prices in the world market and is now batting for rate hikes so it can partly...
With an instruction from President Ferdinand Marcos Jr., the new leadership at the Department of Energy (DOE) will push for amendments in Republic Act 9136 or the Electric Power Industry Reform Act (EPIRA) that will primarily focus on strengthening the role of the Energy Regulatory Commission (ERC)...
