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                    [Title] => WESM price cap not good for business – power producers
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The country’s power producers are lukewarm to the idea of selling electricity for half the price at the Wholesale Electricity Spot Market (WESM), the country’s trading floor for electricity.

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The price cap at the Wholesale Electricity Spot Market (WESM), the country’s trading floor for electricity, will be decreased to P32 from the current P62, as proposed by Energy Secretary Carlos Jericho Petilla to shield consumers from price volatility.

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                    [Title] => Meralco may take P9.5-B hit if ERC turns down its request
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Manila Electric Co. (Meralco), the country’s biggest power distributor, may take a temporary hit of P9.5 billion if the Energy Regulatory Commission (ERC) thumbs down its request to defer payments to power generators in the high-cost supply months of November and December, its top finance officer said.

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                    [Title] => Oil firms hike gas prices anew
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                    [Title] => Kepco plans new power plant
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                    [Title] => Another coal power plant to rise in Subic
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                    [Title] => Salcon Power, Kephilco team up for 200-MW Cebu power plant
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KEPCO PHILIPPINES CORP

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abtest