Average residential electricity rates rose by 9% in June despite lower transmission charges and regulatory relief measures, bringing household power prices closer to levels seen during the 2022 to 2023 global energy...
Three renewable energy projects under the Yuchengco Group have cleared key regulatory and market milestones over the past two months, bringing nearly 72 megawatts (MW) of new renewable energy capacity closer to...
The Manila Electric Company (Meralco) raised electricity rates in June after higher wholesale electricity spot market (WESM) prices, rising fuel costs, and the peso’s depreciation pushed up generation charges. In an advisory...
Wholesale Electricity Spot Market (WESM) prices rose by 38.5% in May as higher summer demand, tighter supply margins, and power plant outages pushed electricity prices upward across all major grids, according to...
Green Tiger Markets has quietly achieved a pair of milestones that could matter a great deal for how power is priced and financed in the Philippines. By executing its first transaction referencing...
ASEAN energy regulators are pushing for stronger regional cooperation to help member states manage energy security risks and rising power costs amid continued volatility in global fuel markets. During the Knowledge-Sharing Workshop...
Electricity consumers may see higher power rates in June after a series of red and yellow alerts in the Luzon and Visayas grids drove spot market prices to the maximum allowed level,...
The Independent Electricity Market Operator of the Philippines (IEMOP) said tighter supply margins, rising electricity demand, and widespread plant outages pushed Wholesale Electricity Spot Market (WESM) prices higher during the April 2026...
Seen on the photo (L-R) are NGCP Assistant Vice President and Head for System Operation – Visayas Neil Modina, MGEN Thermal Chief Operating Officer Arnel Santos, DOE Region VII Regional Director Dir....
Meralco PowerGen Corporation (MGEN), the power generation arm of Meralco, posted a sharp earnings increase in the first quarter, driven by liquefied natural gas (LNG) assets, higher market sales, and expanding renewable...
