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+ Follow PHILIPPINE ELECTRICITY MARKET CORP Tag
PHILIPPINE ELECTRICITY MARKET CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1548627
                    [Title] => Reconsider halt order on TMO’s P235-M penalty, PEMC asks CA
                    [Summary] => 

The Philippine Electricity Market Corp. (PEMC), the operator of the country’s electricity spot market, has asked the Court of Appeals to reconsider its order to stop collecting penalties from Aboitiz unit Thermal Mobile Inc. (TMO).

[DatePublished] => 2016-02-01 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1544252 [Title] => Renewable energy, feed-in tariff temper higher costs [Summary] =>

The entry of feed-in tariff (FIT)-approved renewable energy (RE) projects in the power market has tempered higher electricity costs, based on a study conducted by the market operator.

[DatePublished] => 2016-01-19 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1541288 [Title] => WESM price cap up for review [Summary] =>

The price caps imposed on the Wholesale Electricity Spot Market (WESM) have been made permanent, but would reviewed regularly to prevent another round of price spikes.

[DatePublished] => 2016-01-10 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/nation/20140511/mindanao-power-outage-1.jpg ) [3] => Array ( [ArticleID] => 1540250 [Title] => DOE forms task force to oversee power supply in May polls [Summary] =>

The Department of Energy (DOE) is forming a task force to ensure adequate and reliable power supply for the May national and local elections.

[DatePublished] => 2016-01-07 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 1538906 [Title] => ERC reviewing new capacity, market share limitations [Summary] =>

The Energy Regulatory Commission (ERC) is reviewing new capacity and market share limitations (MSL) for generation companies to ensure competitiveness in the electric power industry.

[DatePublished] => 2016-01-03 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 1536776 [Title] => ERC seeks independent body to audit PEMC [Summary] =>

An overall audit will be conducted on the electricity spot market as a precursor toward a transition to an independent market operator (IMO), the Energy Regulatory Commission (ERC) said.

[DatePublished] => 2015-12-27 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 1531580 [Title] => PEMC, Singapore counterpart tie up for power spot market [Summary] =>

Local electricity spot market operator Philippine Electricity Market Corp. (PEMC) has partnered with its counterpart in Singapore to draft a framework that will enhance the operations and collaboration of both markets, and eventually in the Asean region.

[DatePublished] => 2015-12-11 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 1516977 [Title] => Power spot market rates continue decline in Sept [Summary] =>

The country’s electricity spot market has continued to register a decline in prices as of end-September due to ample electricity supply.

[DatePublished] => 2015-10-31 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 1512953 [Title] => FPI warns against RE integration into WESM [Summary] =>

The Federation of Philippine Industries (FPI) has warned against the country’s move towards the development and mainstreaming of electricity generated from renewable energy especially its integration into the Wholesale Electricity Spot Market (WESM) of the Philippine Electricity Market Corp. (PEMC).

[DatePublished] => 2015-10-20 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1664250 [AuthorName] => Rainier Allan Ronda [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 1493764 [Title] => Power spot market prices ease in H1 [Summary] =>

The country’s electricity spot market registered a downward trend in prices in the first half of 2015 amid abundant power supply even with concerns over the power situation during the summer months and the Malampaya gas shutdown.

[DatePublished] => 2015-08-29 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150830/power-plant-5.jpg ) ) )
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