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Average spot market price down by 23% in August bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Power market automating process for flagging 'unusual' trading activity bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Market operator rejects Pacquiao claim of 'billions' in earnings bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
BusinessWorld April 25, 2021 | 7:27 pm SIEMENS THE National Transmission Corporation (TransCo) said 17 biomass projects with a capacity of 135.13 megawatts (MW) are billing the feed-in tariff allowance (FiT-All) to consumers after their renewable energy payment agreements (REPA) were deemed effective. The FiT-All is a uniform charge billed to on-grid customers. The collections are remitted to TransCo, which will then distribute it to RE developers participating in the FiT system. “There is already 135.13 MW in biomass capacity currently eligible for FiT and are already billing the FiT-All Fund for their FiT revenue,” TransCo told BusinessWorld by Viber Friday. A REPA assures RE firms of revenue from the approved FiT. But TransCo said that only firms with an “effective REPA” are qualified for the FiT. ....
BusinessWorld January 11, 2021 | 8:04 pm THE Energy department has identified 13 power projects in Luzon which have obtained financing and are supported by battery energy storage systems (BESS), with their combined capacity at 320 megawatts (MW), according to the department’s tally of private sector-initiated committed power projects. Committed projects are those that have achieved financial closing with their investors or bankers. Storage allows irregular sources of power like solar to stockpile power while supply is plentiful and then discharge power when the source is unavailable, for example at night. The tally of storage-supported renewable projects indicates the volume of renewable power that might be reliably available to the grid. ....