Meralco generation charge higher by P0.67/kWh in April.
Byline: Myrna M. Velasco The various rate components billed by Manila Electric Company (Meralco) this April went up by average P0.67 per kilowatt hour (kWh), primarily for the generation, transmission and system loss charges. Based on actual billing to customers, the generation charge of the...

P/$ rate closes at P41.93/$ 1.
The peso exchange rate closed slightly higher at P41.93 to the US dollar yesterday at the Philippine Dealing & Exchange Corp. (PDEx) from P41.94 the previous day. The weighted average rate depreciated to P41.953 from P41.918. Total volume amounted to $ 506.06 million. RP-Macau air talks on...

RP needs P162 B to develop local coal resources up to 2014.
Byline: JAMES A. LOYOLA The Philippines needs about P162.3-billion worth of investments for indigenous coal exploration and development until 2014. Data from the Department of Energy shows, P45.6 billion in investments will be needed to develop potential areas in Luzon, P77.4 billion for Visayas and...

RP needs P162 B to develop local coal resources up to 2014.
Byline: James A. Loyola The Philippines needs about P162.3-billion worth of investments for indigenous coal exploration and development until 2014. Data from the Department of Energy shows, P45.6 billion in investments will be needed to develop potential areas in Luzon, P77.4 billion for Visayas and...

Correspondence: Philip Moore.
Ian Lowe's essay is strong on assertions but weak on factual evidence. He tells us that nuclear power is too expensive (p.3 and many other places), the economic case for nuclear power is very dubious and is usually based on a careful selection of past evidence or heroic assumptions...

Masinloc owners to sell excess output.
Byline: Myrna M. Velasco Masinloc Power Partners Corporation, the corporate vehicle of US firm AES Corporation to manage its newly-acquired Masinloc coal-fired power facility, has put up marketing arm to sell its capacity not covered by transition supply contracts. The newly-incorporated AES Philippines Energy Supply...

The energy shortage.
THE U.S. Commodity Futures Trading Commission announced that it has opened an investigation into whether futures traders conspired to drive up oil prices. We doubt the investigation is necessary; when one considers breakneck economic development in India and China, the weak U.S. dollar, and the Organization of the Petroleum...

Questions about our coal needs & supply.
Byline: Floro Mercene Two prominent election lawyers are wondering why a lady Comelec legal officer is throwing her weight around in the Commission, such as unilaterally making decisions without the imprimatur of the Comelec commissioners. The lady lawyer is reportedly oozing with money. She now...

NPC allays fears of peak prices at WESM this summer.
State-run National Power Corporation (NPC) has downplayed fears of new round of peak prices at the Wholesale Electricity Spot Market (WESM) this summer, noting that cheaper power plants will be available to run during the period. NPC president Cyril C. del Callar indicated that water levels at...

Meralco generation charge up by P.20/kWh.
The generation charge of giant utility firm Manila Electric Company (Meralco) billed to customers this month is up by P0.20 per kilowatt hour (kWh) to P4.39 per kWh from P4.19 per kWh in February due to higher cost of supply procurement from the Wholesale Electricity Spot Market. ...