The Philippine Electricity Market Corporation (PEMC) said the Reserve Market has significantly boosted power system stability since its return to commercial operations in August 2024, cutting Red and Yellow Alerts by 98.39%...
MORE Electric and Power Corp. (MORE Power) has maintained the most affordable residential electricity rate in Western Visayas in July, despite the fact its overall charge slightly increased due to higher transmission...
Power transmission charges for July 2025 are up by 5.49%, with the increase largely driven by higher Ancillary Services (AS) costs, the National Grid Corporation of the Philippines (NGCP) announced on July...
Meralco PowerGen Corporation (MGEN), through its Singapore-based subsidiary PacificLight Power (PLP), has completed and commissioned a 100 megawatt (MW) Fast Start Ancillary Services facility on Jurong Island, enhancing the flexibility and responsiveness...
The National Grid Corporation of the Philippines (NGCP) reported a slight decrease in transmission wheeling rates for the May 2025 billing period, but an increase in Ancillary Services (AS) charges drove up...
The Department of Energy (DOE) has indicated a possible increase in the transmission charge for the June 2025 billing period, citing early data that points to higher reserve market prices in May...
The National Grid Corporation of the Philippines (NGCP) has announced a substantial reduction in transmission rates for May 2025 electric bills, driven by lower wheeling and ancillary services charges. According to NGCP’s...
The Energy Regulatory Commission (ERC) has granted final approval to multiple Ancillary Services Procurement Agreements (ASPAs) between the National Grid Corporation of the Philippines (NGCP) and several battery energy storage system (BESS)...
AboitizPower, through its subsidiary Therma Marine Inc. (TMI), has broken ground on its second hybrid Battery Energy Storage System (BESS) in Mindanao — a 48-megawatt project to be integrated into its Mobile...
The Energy Regulatory Commission (ERC) has deferred its ruling on 19 ancillary service procurement agreements (ASPAs) submitted by the National Grid Corporation of the Philippines (NGCP) due to unresolved concerns. In a...
