Ayala-led ACEN Corporation has recorded a Php 13.1 billion net income in 2022, a massive jump from the Php 5.3 billion profit made in the previous year. “This included ₱8.6 billion of...
The Renewable Energy Market (REM) – the country’s venue for trading renewable energy certificates (REC) has been launched by the Philippine Electricity Market Corporation (PEMC) on Thursday. Following the issuance of Department...
The Philippine Electricity Market Corporation (PEMC) will be conducting a study that will establish an energy transition road map that aims to introduce mechanisms and enhancements that would promote the participation of...
The Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corporation (PEMC) to resume the Wholesale Electricity Spot Market’s (WESM) operation in Bohol. ERC handed the order to PEMC, WESM’s governing...
The Energy Regulatory Commission (ERC) has ordered the resumption of trading in the Wholesale Electricity Spot Market (WESM) in the Visayas a month after its suspension due to the widespread damage Typhoon...
The Philippine Electricity Market Corporation (PEMC), the governing body of the Wholesale Electricity Spot Market (WESM), said it is devising a refund scheme on congestion charges collected from Visayas electricity customers. The...
The launch date for the trading of electricity from ancillary services (AS) or reserve power would be moved to 2022, according to the Independent Electricity Market Operator of the Philippines (IEMOP), which...
Power customers that consume an average of at least 100 kilowatts (kW) per month for the past 12 months may soon be able to choose their own supplier of renewable energy (RE),...
Former Energy assistant secretary Atty. Leonido “Bodie” Pulido III has been elected president of the Philippine Electricity Market Corporation, the governing body of the Wholesale Electricity Spot Market (WESM). Pulido was named...
The Philippine Electricity Market Corporation (PEMC) defended the Independent Electricity Market Operator of the Philippines (IEMOP) and the Department of Energy (DOE) in the wake of Sen. Manny Pacquiao’s corruption allegations in...
