SMC Global Power Holdings Corporation recorded a 75% drop in its net income to Php1.93 billion in the first quarter of 2022 from Php7.78 billion..
Tag Archives: WESM
The Energy Regulatory Commission (ERC) has scheduled a public hearing on the 170-megawatt (MW) power supply agreement (PSA) between the Manila Electric Company (MERALCO) and..
Customers of the Manila Electric Company (MERALCO) will experience an increase of Php0.5363 per kilowatt-hour (kWh) in their electric bills this April due to higher..
Power demand in Luzon and Visayas continues to rise as the economy recovers from the effects of the COVID-19 pandemic, the Independent Electricity Market Operator..
ACEN’s retail electricity supplier (RES) AC Energy Philippines has registered its first batch of contestable customers under the government’s Green Energy Option Program (GEOP) to..
The Luzon Grid reached its highest peak demand this year at 11,513 megawatts (MW) on Tuesday afternoon, according to the Independent Electricity Market Operator of..
Lopez-led First Gen Corporation, registered a flat growth of Php12.4 billion in 2021 due to high global oil prices and supply restrictions that affected prices..
The Energy Regulatory Commission (ERC) is studying the appeal of power generation companies (gencos) to lift the Php6.245 per kilowatt-hour (kWh) secondary price cap (SPC)..
SMC Global Power Holdings, the country’s second largest power generator, recorded a net income of Php16 billion in 2021, a 15% drop from its Php18.9..
Electricity rates may continue to increase as an effect of the continuous rise of international coal prices. Estimates from the Philippine Independent Power Producers Association..
