Philippines’ President Marcos Outlines Strategies To Combat High Electricity Costs And Power Shortages
In his third State of the Nation Address (SONA), President Ferdinand R. Marcos Jr. reassured the public that his administration is actively working to tackle the high cost of electricity in the Philippines.
No increase in electricity tariff in Peninsular Malaysia until December this year — Energy Ministry
There will be no increase in electricity tariffs for all users in Peninsular Malaysia from next Monday (July 1) until Dec 31, according to the Ministry of Energy Transition and Water Transformation (Petra).
Lower electricity tariffs for commercial users from July 1
COMMERCIAL users will enjoy lower electricity tariffs from July 1, the Energy Transition and Water Transformation Ministry announced today.
No more power alerts expected for rest of 2024
With the onset of the rainy season, the National Grid Corp. of the Philippines (NGCP) sees no need to raise yellow and red alerts in the country’s power grids for the remaining months of the year. “For 2024, we are not seeing additional alert notices so far. That doesn’t consider forced outages,” NGCP spokesperson Cynthia […]
Meralco hikes power rate in May
The tight power supply in the Luzon grid during the yellow and red alerts in April has pushed electricity rates up in franchise areas of Manila Electric Company (Meralco). Meralco announced Tuesday that power rates in May increased by PHP0.4621 per kilowatt hour to PHP11.4139 per kWh from PHP10.9518 per kWh in the previous month.
Malaysia sets up Energy Exchange Malaysia for cross-border sales of green electricity
The Malaysian government has agreed to establish the Energy Exchange Malaysia (Enegem) to facilitate cross-border sales of green electricity to neighbouring countries. The Energy Transition and Water Transformation Ministry said the setting up of Enegem is in line with Malaysia’s energy transition aspiration and commitment to support regional power integration via the Asean Power Grid […]
