Green Tiger Markets, the country’s first forward market for electricity, completed its first trade on its hedging platform for the Philippine Electricity market. The company facilitated the transaction between two commercial market...
The Manila Electric Company (MERALCO) has announced a decrease in electricity rates this July of Php 0.7213 per kilowatt-hour (kWh), bringing the total cost for an average household to Php 11.1899 per...
Alsons Consolidated Resources (ACR), intends to allocate a minimum of P6 billion over the next three years as it prepares for expansion in the renewable energy sector. In a report by the...
The Manila Electric Company (MERALCO) has recently announced a rate adjustment for June, with an increase of Php 0.4183 per kWh in the electricity rate. As a result, the overall rate for...
The Manila Electric Company (MERALCO) recently announced Php 0.1761 per kilowatt-hour increase in electricity rates for the month of May to Php 11.4929 per kWh. Households that consume 200 kWh should expect...
Amid the mounting environmental, social, and governmental (ESG) pressures, Semirara Mining and Power Corporation (SMPC), known as the Philippines’ largest coal producer, is expanding its energy production business by venturing into liquefied...
The Manila Electric Co. (MERALCO) has announced a Php 0.1180 per kilowatt-hour (kWh) reduction in its electricity rates for April, bringing the overall rate to Php 11.3168/kWh from the previous month’s Php...
Senator Sherwin Gatchalian called out the Energy Regulatory Commission (ERC) for “failing to efficiently regulate the distribution utilities and ensure affordable electricity rates for consumers.” In a recent Senate hearing by the...
The Manila Electric Co. (MERALCO) has announced a Php 0.5453 per kilowatt-hour increase in its electricity rates for the month of March, bringing its overall rate to Php 11.4348/kWh. The adjustment would...
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...
