It seems that, based on the Senate investigation today, and as I was also expecting, MERALCO is not the only one “responsible” to this, so called, “high cost of electricity” in MERALCO franchise area, which covers Metro Manila. Napocor (NPC) and TransCo are also “involved”, as well. High transmission charges, generation adjustments and stranded cost are some of the issues that were brought about to these two government corporations.

And speaking of Napocor, here is an issue that seems remained silent and may only be known to some industry participants for almost two years now Read the entire entry …

In the past few weeks, the Philippine electric power industry has, once again, became a hot topic in news and media, now, the focus was on the Power Sector Assets and Liabilities Management Corporation (PSALM) and the National Power Corporation (Napocor or NPC) alleged manipulation of the cost of electricity in the Wholesale Electricity Spot Market (WESM), which resulted to the increase of the price of electricity starting in the past few months. Read the entire entry …

Nearly one and a half weeks after the implementation of WESM in the Philippines, we predicted, base from the available data and statements of energy officials, that Napocor will surely loss from power sales in the new power industry set-up. Read the entire entry …

The reduction of electricity prices in the Wholesale Electricity Spot Market (WESM) looks like a good news in a first glance, but if you are going to look forward in the future, this could be a source of the recurring bad news. Read the entire entry …