To ensure a competitive market environment among power generation companies (gencos) and safeguard the interest of consumers, the Supreme Court has declared null and void the order issued by the Energy Regulatory Commission (ERC) that regulated the prices in the Wholesale Electricity Spot Market (WESM) for the supply months of November and…
Manila Electric Co. is urging generation companies to participate in the competitive bidding which is aimed at adding 170 megawatts of peaking power in its franchise area to address demand spikes during the dry months and election period.
The Department of Energy has cleared Manila Electric Co. to conduct a competitive bidding to augment power supply in its franchise area during the dry months and election period.