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ERC extends secondary WESM price cap anew

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Regulators have further extended the secondary cap aimed at controlling price spikes in the energy spot market.

Posted: November 3rd, 2014 in Headlines | Read More »

Alsons seeks financing for Mindanao power plant

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SCREENGRAB from www.alsonspower.com

The Alsons Power Group has taken a step closer to implementing its latest proposed power plant in Mindanao as it works on getting financing for the project.

Posted: October 18th, 2014 in Headlines,Latest Business Stories | Read More »

Secondary price cap set in WESM to ensure fair, reasonable power rates—ERC

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FILE PHOTO

Regulators are adding another layer of price control in the power market for the rest of summer to “ensure the transparent and reasonable prices of electricity.”

Posted: May 7th, 2014 in Latest Business Stories | Read More »

TRO vs Meralco rate hike expires Tuesday

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meralco

The Manila Electric Co. (Meralco) has expressed optimism that issues on the recent electricity rate hikes will soon be resolved even as the Supreme Court’s temporary restraining order (TRO) on the controversial power rate hike last December 2013 expires Tuesday.

Posted: April 22nd, 2014 in Latest Business Stories | Read More »

ERC mulls over WESM price cap for May, June

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Regulators want to add another layer of price control in the energy market for May and June in yet another move to prevent rate spikes like the ones seen in recent months.

Posted: April 20th, 2014 in Headlines | Read More »

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