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Government regulators want to further strengthen the rules governing the Competitive Selection Process, especially amid recent arbitrary cancellations of deals that may threaten power supply stability. In a recent interview, Energy Regulatory Commission chairperson Monalisa Dimalanta disclosed that an evaluation will ensure consumers will be protected in the long run. Among the products of CSP
File photo MANILA - As the 300-megawatt emergency power supply agreement (EPSA) between Manila Electric Co. (Meralco) and Aboitiz-led GNPower Dinginin Ltd. expired Wednesday, Meralco said it will be supplying the needed power from the Wholesale Electricity Spot Market (WESM). In a statement, Meralco said it will source the whole 670 MW capacity from WESM starting Thursday to cover the PSA with San Miguel Corp.'s South Premiere Power Corporation (SPPC), which was halted by a 60-day temporary restraining order (TRO) of the Court of Appeals in December 2022. Earlier, Meralco and GNPower Dingi...
A general introduction to the law and practice surrounding mergers and acquisitions in the energy sector in Philippines.
Aboitiz Power Corp., one of the country’s leading power producers, may participate if the planned bidding for Meralco’s supply power requirement will push through stating it has excess capacity. Emmanuel “Manny” V. Rubio, president and Chief Executive Officer of Aboitiz Power Corporation, told jou
Amlig Kuryente lead convenor and former councilor Wilson Gamboa, Jr., described the recently held October 5 energy summit spearheaded by the City