For the first time this year, electricity demand in September breached comparative consumption in the same month in 2019, and this was gauged by Manila Electric Company (Meralco) as a signal that the Philippine economy is now ratcheting up on its recovery pace....
The commercial operations of the country’s Renewable Energy Market (REM) for on-grid installations had been re-scheduled to June next year -- factoring in a one-year delay because of the continued pummeling of the health crisis, according to the Department of Energy....
New wave of power plant outages and the recent gas output restriction at the Malampaya field triggered new round of spikes in prices at the Wholesale Electricity Spot Market (WESM), which will be subsequently passed on as rate hike in the consumers’ electric bills for October. In a virtual...