IEMOP: electricity prices seen to surge in May
The Independent Electricity Market Operator of the Philippines (IEMOP) warns the public that electricity prices are likely to surge from the beginning of summer until..
Source: powerphilippines.com
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IEMOP: Average power spot price rises on plant outages
The average electricity spot market in Luzon for the month jumped by 32.49 percent to P5.26 per kilowatt (kWh) from P3.97 per kWh mainly due to plant outages, the Independent Electricity Market Operator of the Philippines (IEMOP) reported Tuesday. Visayas and Mindanao also saw prices rising by P4.58/kWh to P6.26/kWh…
Source: businessmirror.com.ph
$3-B power deal needs gov't oversight to thwart monopoly
To safeguard the public's welfare, consumer advocates have warned against allowing a landmark partnership between the nation's largest energy companies to resul
Source: tribune.net.ph
Consumer group: $3.3 billion LNG enterprise to bring higher power rates
Consumer group United Filipino Consumers and Commuters (UFCC) over the weekend said government inaction on the $3.3-billion liquefied natural gas (LNG) facility in Batangas would lead to higher electricity rates.
Source: gmanetwork.com
EPIRA changes needed amid industry shifts
The law also promotes competition by creating a level playing field, among others, in the competitive retail electricity markets
Source: tribune.net.ph