Updates

August 29, 2024

Curious about what happened in the energy market this past week? Mabuhay Energy's Weekly Market Update has you covered! We've compiled the Luzon average electricity prices and demand per day, along with the power plant activities that occurred each day. We also include environmental factors that may affect our electricity prices and demand. 𝐖𝐞𝐞𝐤𝐥𝐲 𝐑𝐮𝐧𝐝𝐨𝐰𝐧: The average market demand increased slightly while the average market price went down this past week. The lower derated capacity of power plants from the previous week led to lower prices in the market. MO-initiated Market Intervention was issued for Luzon, Visayas, & Mindanao Grid starting interval 0815H last Aug 17, Saturday due to failure to generate a Real-Time Dispatch (RTD) schedule. The average electricity demand in the Luzon grid went up to as high as 11,004 MW while average electricity prices went to as low as Php 5.27 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: Aug 16: Friday - Weather Update: Southwest Monsoon affecting Extreme Northern Luzon. Aug 17: Saturday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data at 375 km NorthNortheast of Itbayat, Batanes (24.0 N, 122.9 E). Southwest Monsoon affecting Extreme Northern Luzon. SCPC 1 shutdown (Planned Outage). MO-initiated Market Intervention is issued today for Luzon, Visayas, & Mindanao Grid starting interval 0815H due to failure to generate RTD schedule. San Gabriel shutdown then back online (Reserve Shutdown) Aug 18: Sunday - Weather Update: Southwest Monsoon affecting Extreme Northern Luzon. San Gabriel shutdown then back online (Reserve Shutdown). Aug 19: Monday - At 3:00 AM today, the center of Tropical Storm "DINDO" was estimated based on all available data at 635 km Northeast of Itbayat, Batanes (24.9 N, 126.1 E) with maximum sustained winds of 65 km/h near the center and gustiness of up to 80 km/h. It is moving Northeastward at 10 km/h. Southwest Monsoon affecting Extreme Northern Luzon. San Gabriel shutdown then online (From Reserve Shutdown) Aug 20: Tuesday - San Gabriel shutdown then back online (Reserve shutdown). Masinloc Unit 3 runback from 320MW to 94MW due to IDF 3A trouble. The unit recovered and is now stabilizing. Aug 21: Wednesday - Easterlies affecting the eastern sections of Visayas and Mindanao. Kalayan Unit 2 tripped then back online as a generator (Unplanned Outage) Aug 22: Thursday - Weather Advisory: Easterlies affecting the eastern sections of Visayas and Mindanao. Stay abreast of the happenings in the Philippine energy market by following us on social media! info.mabuhayenergy.com/Linkedin info.mabuhayenergy.com/Facebook Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth

August 27, 2024

Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Spotlight: 𝐋𝐚𝐰𝐦𝐚𝐤𝐞𝐫 𝐚𝐬𝐤𝐬 𝐄𝐑𝐂 𝐭𝐨 𝐞𝐱𝐩𝐥𝐚𝐢𝐧 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝐫𝐚𝐭𝐞 𝐡𝐢𝐤𝐞 Senator Sherwin Gatchalian on Wednesday asked the Energy Regulatory Commission (ERC) to justify its approval of an electricity rate hike starting in October this year. The ERC had earlier granted the Manila Electric Company's (Meralco) application for the power distribution company to adjust the rates of power it generates from natural gas-fired power plants. The rate hike is expected to amount to 32 to 33 centavos per kilowatt-hour (kWh) monthly for 12 months. READ MORE: https://www.pna.gov.ph/articles/1231661 𝐏𝐚𝐬𝐬𝐚𝐠𝐞 𝐨𝐟 𝐧𝐚𝐭𝐮𝐫𝐚𝐥 𝐠𝐚𝐬 𝐛𝐢𝐥𝐥 𝐩𝐮𝐬𝐡𝐞𝐝 𝐛𝐲 𝐒𝐞𝐧𝐚𝐭𝐞 Senator Pia Cayetano sponsored the passage of Senate Bill (SB) 2793, or the proposed Philippine Natural Gas Development Act, which seeks the development of the country's indigenous natural gas. The bill aims to provide a market for indigenous gas by giving priority to its procurement and use for power generation, a policy enshrined in the Electric Power Industry Reform Act (EPIRA) and successive issuances from EPIRA's chief implementing agency, the DOE. READ MORE: https://www.manilatimes.net/2024/08/22/news/national/passage-of-natural-gas-bill-pushed/1965881 Image sources: PNA.gov, Manila Times Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

August 26, 2024

This National Heroes Day, we salute the courage and sacrifice of those who paved the way for our nation's freedom. At Mabuhay Energy, we draw inspiration from their legacy as we continue to power the Philippines towards a brighter and more sustainable future. Mabuhay ang mga Bayani Ng Pilipinas! #NationalHeroesDay #MabuhayEnergy #PoweringTheNation Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

August 22, 2024

Mabuhay Energy Corporation (MECO), along with our solar solutions subsidiary, Excell Energy and PowerGen Corp , recently exhibited during the 19th Philippines Semiconductor & Electronics Convention and Exhibition (PSECE), held at the SMX Convention Center Manila in Pasay City. Organized by the Semiconductor & Electronics Industries in the Philippines Foundation, Inc. (SEIPI), this event became the ideal setting for MECO and Excell Energy to make our presence known to our peers in the semiconductor industry through a booth exhibit. Here are the insights from the passionate MECO and Excell team members about their experience in the convention and their encounters with the participants. Follow Mabuhay Energy and Excell Energy & PowerGen Corp., on social media and stay updated on our participation in the other industries in the Philippines. #PSECE2024 Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

August 22, 2024

Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Spotlight: 𝐍𝐮𝐜𝐥𝐞𝐚𝐫 𝐞𝐧𝐞𝐫𝐠𝐲 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫 𝐬𝐞𝐞𝐧 𝐟𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐛𝐲 𝟐𝟎𝟐𝟔 The Philippines aims to have a fully operational, independent nuclear power regulatory commission by 2026. The timeline is in the draft Philippine Nuclear Energy Program 2024-2050 prepared by the Nuclear Energy Program-Inter-Agency Committee (NEP-IAC). The plan is subject to further consultations and input from involved agencies. The roadmap seeks to establish safety, security and safeguards in the country’s nuclear energy program, from licensing and construction to operation and decommissioning of the nuclear power plant. READ MORE: https://manilastandard.net/business/314482897/nuclear-energy-regulator-seen-functional-by-2026.html 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐬𝐞𝐜𝐭𝐨𝐫 𝐠𝐫𝐨𝐮𝐩𝐬 𝐬𝐭𝐚𝐧𝐝 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐃𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 In a joint statement on Tuesday, Aug. 13, private groups emphasized that the Philippines ranks third lowest in energy supply per capita in Southeast Asia; thus, the Department of Energy (DOE) must prioritize increasing power capacity. For this reason, the organizations expressed their support for the DOE and Energy Secretary Raphael P.M. Lotilla in crafting an energy policy tailored to the country's specific requirements. READ MORE: https://mb.com.ph/2024/8/13/private-sector-groups-stand-with-energy-chief Image sources: Manila Standard, PhilStar Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

August 20, 2024

Curious about what happened in the energy market this past week? Mabuhay Energy's Weekly Market Update has you covered! We've compiled the Luzon average electricity prices and demand per day, along with the power plant activities that occurred each day. We also include environmental factors that may affect our electricity prices and demand. 𝐖𝐞𝐞𝐤𝐥𝐲 𝐑𝐮𝐧𝐝𝐨𝐰𝐧: The average market demand and price increased slightly this past week. The higher derated capacity of power plants from the previous week led to higher prices in the market. The average electricity demand in the Luzon grid went up to as high as 10,898 MW while average electricity prices went to as high as Php 10.33 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: Aug 9: Friday - Southwest Monsoon affecting Luzon and the western section of Visayas. San Gabriel shutdown (Reserve Shutdown). San Gabriel online (Reserve Shutdown). Sual 2 shutdown (Planned Outage) Aug 10: Saturday - Southwest Monsoon affecting Luzon and the western sections of Visayas and Mindanao. San Gabriel shutdown (Reserve Shutdown). San Gabriel online (Reserve Shutdown) Aug 11: Sunday - Southwest Monsoon affecting Luzon and the western section of Visayas. San Gabriel shutdown (Reserve Shutdown). San Gabriel online (Reserve Shutdown) Aug 12: Monday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data at 1,375 km East of Extreme Northern Luzon (22.5 N, 135.0 E). Southwest Monsoon affected Luzon and the western section of Visayas. San Gabriel shutdown (Reserve Shutdown). Sta Rita 10 online (Planned Outage). San Gabriel online (Reserve Shutdown) Aug 13: Tuesday - Southwest Monsoon affecting Luzon and the western section of Visayas. San Gabriel shutdown (Reserve Shutdown). San Gabriel online (Reserve Shutdown) Aug 14: Wednesday - Southwest Monsoon affecting Northern and Central Luzon. Sual 2 online (Planned Outage). San Roque Unit 3 conducted a Load Rejection Test(LRT) from a 128MW load. Aug 15: Thursday - Southwest Monsoon affecting Northern Luzon. MO-initiated Market Intervention is issued today for Luzon, Visayas, & Mindanao Grid starting interval 1150H due to failure to transfer RTD schedule to SO. MO-initiated Market Intervention for the Luzon, Visayas, and Mindanao Grid has been lifted today at 1200H. Market operations will resume starting the 1205H interval. Stay abreast of the happenings in the Philippine energy market by following us on social media! info.mabuhayenergy.com/Linkedin info.mabuhayenergy.com/Facebook Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth

August 16, 2024

The Philippines' first and only pumped hydro storage facility, The Kalayaan Pumped Storage Power Plant (KPSPP), is a groundbreaking solution to the power needs of the Luzon Grid. The KPSPP was built in 1982 and is brilliantly designed to pump water from its lower reservoir (Laguna Lake) to its upper reservoir (Caliraya Lake) during the off-peak hours of the night and release it to generate electricity during the peak hours of the day. This innovative hydropower plant ensures a sustainable and reliable power supply for the region. Follow us on social media and learn more about the rich history of our power industry! Image Courtesy of Ramon FVelasquez Source: CBK Power Ltd. and Department of Energy Philippines List of Existing Power Plants as of April 2024 http://www.cbkpower.com/project/kalayaan-pumped-storage-power-plant-kpspp/ https://doe.gov.ph/list-existing-power-plants Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

August 15, 2024

Curious about what happened in the energy market this past week? Mabuhay Energy's Weekly Market Update has you covered! We've compiled the Luzon average electricity prices and demand per day, along with the power plant activities that occurred each day. We also include environmental factors that may affect our electricity prices and demand. 𝐖𝐞𝐞𝐤𝐥𝐲 𝐑𝐮𝐧𝐝𝐨𝐰𝐧: The average market demand and price increased slightly this past week. The higher derated capacity of power plants from the previous week led to higher prices in the market. The average electricity demand in the Luzon grid went up to as high as 10,459 MW while average electricity prices went to as high as Php 8.92 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: Aug 2: Friday - Southwest Monsoon affecting the western sections of Visayas and Mindanao. Calaca 1 online (Unplanned Outage). Sta. Rita Module 10 shutdown (Planned Outage) Aug 3: Saturday - Southwest Monsoon affecting the western sections of Visayas and Mindanao. San Gabriel shutdown (Reserve Shutdown). Ilijan GT 1-1 shutdown (Unplanned Outage). Aug 4: Sunday - Southwest Monsoon affecting Visayas and Mindanao. Ilijan GT1-1 online (Reserve Shutdown). EERI 2 shutdown (On commissioning). San Gabriel online (Reserved Shutdown) Aug 5: Monday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data at 1,155 km East Northeast of Extreme Northern Luzon (24.1 N, 132.5 E). Southwest Monsoon affecting Palawan, Visayas, and Mindanao. MPGC 3 shutdown (Unplanned Outage). San Gabriel shutdown (Reserve Shutdown). San Gabriel online (Reserve Shutdown). EERI Unit 2 online (On Testing and Commissioning) Aug 6: Tuesday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data at 835 km East Northeast of Extreme Northern Luzon (24.8 N, 128.7 E). Southwest Monsoon was affecting Southern Luzon and Visayas. Calaca Unit 2 online (Unplanned Outage). Pagbilao 2 with 377MW tripped (Unplanned Outage). EERI Unit 2 tripped (On Testing and Commissioning). Masinloc 2 online (Planned Outage) Aug 7: Wednesday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data at 575 km Northeast of Itbayat, Batanes (24.6 N, 125.6 E). Southwest Monsoon affected Central and Southern Luzon, and Visayas. Masinloc Unit 2 tripped from 76MW load. (Unplanned Outage). Masinloc Unit 2 online (Unplanned Outage). GNPD 2 online (Unplanned Outage). Pagbilao 2 online (Unplanned Outage). EERI 2 online (On test and commissioning) Aug 8: Thursday - Southwest Monsoon affecting Northern and Central Luzon. San Gabriel online (Reserve shutdown) Stay abreast of the happenings in the Philippine energy market by following us on social media! info.mabuhayenergy.com/Linkedin info.mabuhayenergy.com/Facebook Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth

August 14, 2024

Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Spotlight: 𝐄𝐑𝐂 𝐥𝐨𝐠𝐬 𝐏𝟒𝟗-𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐬𝐚𝐯𝐢𝐧𝐠𝐬 𝐟𝐨𝐫 𝐑𝐄𝐒 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 The Energy Regulatory Commission (ERC) has logged roughly P50 billion worth of aggregate savings for customers that have been availing of electricity services from the retail electricity suppliers (RES). ERC Chairperson Monalisa C. Dimalanta qualified that the average tariff being enjoyed by RES customers hovered at P5.49 per kWh as against the more expensive P10.00 to P12.00 per kWh range of pass-on rates reflected in the electric bills of incumbent utilities, such as that of Manila Electric Company. READ MORE: https://mb.com.ph/2024/8/6/erc-logs-p49-b-savings-for-res-customers 𝐄𝐑𝐂 𝐭𝐨 𝐬𝐮𝐛𝐦𝐢𝐭 𝐍𝐆𝐂𝐏 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐫𝐞𝐯𝐢𝐞𝐰 𝐭𝐨 𝐁𝐁𝐌 𝐛𝐲 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 The Energy Regulatory Commission (ERC) has disclosed to Congress that it will be submitting the result of its performance review on system operator National Grid Corporation of the Philippines (NGCP) by December. The President had ordered the ERC to speed up the process of evaluation and approval in the tariff adjustment for NGCP as that is greatly seen helping lower the cost of electricity being billed to all Filipino ratepayers. READ MORE: https://mb.com.ph/2024/8/8/erc-to-submit-ngcp-performance-review-to-bbm-by-december Image sources: Insight Success, Power Philippines Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

August 9, 2024

𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗻𝗴 𝗳𝗼𝗿 𝗮 𝗕𝗿𝗶𝗴𝗵𝘁𝗲𝗿 𝗙𝘂𝘁𝘂𝗿𝗲; 𝗙𝗿𝗼𝗺 𝗥𝗲𝘁𝗮𝗶𝗹 𝗦𝘂𝗽𝗽𝗹𝘆 𝘁𝗼 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲𝘀: We are delighted to share the featured interview of our Chairman and CEO, Sherwin G. Hing, in the August 2024 Edition of The CEO Magazine! Travel back in time as Sherwin unveils the story of Mabuhay Energy Corporation’s humble beginnings and share in our excitement as he also uncovers his bold vision for MECO and how he plans to leave a lasting positive impact on the Philippine energy landscape! Read the full article here: https://digitalmag.theceomagazine.com/sherwin-hing/?r=asia Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

August 9, 2024

OLYMPIC BOXING QUEENS! 👑🥊 Nesthy Petecio, a two-time Olympic medalist, and Aira Villegas, our rising boxing star, have brought immense pride and honor to the Philippines! Both of you have shown the world the strength and resilience of the Filipino spirit. You inspire us all. We are proud of you! Mabuhay kayo, Nesthy and Aira! 🇵🇭 Image courtesy of Reuters #ParaSaBayan #OlympicGames #LabanPilipinas #PhilippinePride #BoxingQueens #Paris2024

August 9, 2024

Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Spotlight: 𝐏𝐨𝐰𝐞𝐫 𝐫𝐞𝐬𝐞𝐫𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐛𝐚𝐜𝐤 𝐢𝐧 𝐟𝐮𝐥𝐥 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 The Energy Regulatory Commission (ERC) has ordered the lifting of the suspension in the billing and settlement of the price determination methodology (PDM) in the co-optimized energy and reserve in the wholesale electricity spot market (WESM). The ERC ordered the suspension of billing and settlement at the reserve market in March, two months after its full commercialization, following significant price increases in reserve costs during the month compared to February. READ MORE: https://www.philstar.com/business/2024/08/01/2374434/power-reserve-market-back-full-operations 𝐓𝐚𝐠𝐮𝐢𝐠 𝐜𝐨𝐮𝐫𝐭 𝐢𝐬𝐬𝐮𝐞𝐬 𝐓𝐑𝐎 𝐯𝐬 𝐌𝐞𝐫𝐚𝐥𝐜𝐨’𝐬 𝐩𝐨𝐰𝐞𝐫 𝐬𝐮𝐩𝐩𝐥𝐲 𝐛𝐢𝐝𝐝𝐢𝐧𝐠 In a five-page Order promulgated on July 31, 2024, Executive Judge Byron G. San Pedro of Taguig City Regional Trial Court (RTC), Branch 15-FC, granted the petition of the members of the consortium operating the Malampaya gas field for the immediate issuance of the 72-hour temporary restraining order (TRO) against Meralco’s conduct of competitive selection process for its 600 MW and 400 MW power supply requirements after finding merits to the verified complaint by the plaintiffs. READ MORE: https://business.inquirer.net/472355/taguig-court-issues-tro-vs-meralcos-power-supply-bidding Image sources: Daily Guardian, Inquirer Business Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

August 8, 2024

You've soared high, EJ Obiena! Your fourth-place finish at the Paris Olympics is a testament to your unwavering dedication and incredible talent. Powering through injuries to represent our country on the world's biggest sports stage is nothing short of heroic. Your spirit inspires us all. Malaking salamat sa pagpapalipad ng ating bandera! We're incredibly proud of you. Mabuhay ka, EJ! 🇵🇭 Image courtesy of AP Photo / David J. Phillip #ParaSaBayan #OlympicGames #Paris2024

August 8, 2024

We're thrilled to embark on this exciting new chapter with Tech One Philippines! This partnership is a major step towards enhancing our financial operations and driving sustainable growth. We look forward to leveraging the power of Oracle NetSuite cloud technology to optimize our processes and deliver exceptional value to our customers. #PoweredByOracle #DigitalTransformation #PartnershipForProgress #PartnerForGrowth #OnwardTOGether #TOGetherAsOne #TechOneGlobal #CloudERP #BusinessTransformation

August 8, 2024

Curious about what happened in the energy market this past week? Mabuhay Energy's Weekly Market Update has you covered! We've compiled the Luzon average electricity prices and demand per day, along with the power plant activities that occurred each day. We also include environmental factors that may affect our electricity prices and demand. 𝐖𝐞𝐞𝐤𝐥𝐲 𝐑𝐮𝐧𝐝𝐨𝐰𝐧: The average market demand and price increased slightly this past week following the effects of the ridge of High-Pressure Area to the country, which brought humid weather and higher temperatures. The average electricity demand in the Luzon grid went to as high as 10,291 MW while average electricity prices went to as high as Php 9.61 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: July 26: Friday - Southwest Monsoon affecting Luzon and Visayas. Calaca 1 tripped (Unplanned Outage). EERI Unit 2 (Under test and commissioning). Sta. Rita 20 shutdown (Planned Outage) July 27: Saturday - Southwest Monsoon affecting Luzon and Visayas. SLTEC 2 online (Unplanned Outage). EERI Unit 2 online (On Testing and Commissioning). SCPC 4 with 150MW tripped (Unplanned Outage). SLPGC 1 shutdown (Planned Outage) July 28: Sunday - Southwest Monsoon affecting the western section of Luzon. SLTEC 1 shutdown (Planned Outage). EERI Unit 2 online (Under Testing and Commissioning). Calaca Unit 2 shutdown (Unplanned Outage) July 29: Monday - Southwest Monsoon affecting the western section of Luzon. EERI 2 shutdown (on commissioning). SCPC 4 online (Unplanned Outage) July 30: Tuesday - Southwest Monsoon affecting the western section of Luzon. EERI Unit 2 online (On Testing and Commissioning). EERI Unit 2 shutdown (On Testing and Commissioning) July 31: Wednesday - Weather Update: Southwest Monsoon affecting the western sections of Northern and Central Luzon. Sual 2 with 290MW tripped. (Unplanned Outage). San Gabriel online (Reserve Shutdown). Luzon Grid is on YELLOW Alert. The total capacity for forced outage is 2897.9MW. The total de-rated capacity is 120MW. GNPD 2 emergency shutdown (Unplanned Outage). SCPC 3 online (Unplanned Outage). Sual 2 online (Unplanned Outage) Aug 1: Thursday - Weather Update: Ridge of High-Pressure Area (HPA) extending over Northern Luzon. Stay abreast of the happenings in the Philippine energy market by following us on social media! info.mabuhayenergy.com/Linkedin info.mabuhayenergy.com/Facebook Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth

August 4, 2024

GINTONG TAGUMPAY!🏅 Filipino gymnast, Carlos Yulo has once again brought pride to the Philippines with his recent golden feat on the world stage! Yulo was awarded the Philippines' second Olympic medal and first-ever medal in gymnastics as he prevailed in the men's artistic gymnastics floor exercise final scoring a total of 15.000 points in the Paris Olympic Games. Join Mabuhay Energy as we continue to cheer for all our Filipino athletes at the Paris Olympics 2024. Mabuhay ka, Carlos! Mabuhay ang Atletang Pilipino! 🤸🏻‍♂️🇵🇭 Image courtesy of Reuters #ParaSaBayan #OlympicGames #Paris2024

August 2, 2024

Power up your knowledge with Mabuhay Energy! Take our Energy Quiz and amp up your understanding of the Philippines’ energy sources, conservation, sustainability, and more. Comment your answers below and stay tuned to know if you got it right! We will post the correct answer in the comments tomorrow. Follow us on social media to learn more about energy! #MECOEnergyQuiz Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

August 1, 2024

Curious about what happened in the energy market this past week? Mabuhay Energy's Weekly Market Update has you covered! We've compiled the Luzon average electricity prices and demand per day, along with the power plant activities that occurred each day. We also include environmental factors that may affect our electricity prices and demand. 𝐖𝐞𝐞𝐤𝐥𝐲 𝐑𝐮𝐧𝐝𝐨𝐰𝐧: The average market demand and price decreased slightly this past week following the effects of the Southwest Monsoon Low-pressure Area and Typhoon “Carina” in the country, which brought heavy rainfall and lower temperatures. The average electricity demand in the Luzon grid went down to as low as 7,942 MW while average electricity prices went to as low as Php 2.46 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: July 19: Friday - Low-Pressure Area (LPA) was estimated based on all available data at 135 km West Southwest of Calapan City, Oriental Mindoro. Meanwhile, another LPA was estimated based on all available data at 880 km East of Eastern Visayas. July 20: Saturday - Weather Disturbance Alert Notice (WDAN) is issued, the center of Tropical Depression "CARINA”. MPGC 1 online (Planned Outage). Calaca Unit 1 online (Unplanned Outage). SCPC Unit 3 online (Unplanned Outage). SCPC Unit 1 online (Unplanned Outage). July 21: Sunday - The center of Tropical Storm "CARINA" (GAEMI) was estimated based on all available data at 490 km East of Casiguran, Aurora (16.6N, 126.7E) with maximum sustained winds of 75 km/h near the center and gustiness of up to 90 km/h. It is moving West Northwestward at 10 km/h. San Gabriel online (Unplanned Outage). SCPC 4 online (Unplanned Outage). SCPC 2 online (Unplanned Outage). July 22: Monday - The center of Severe Tropical Storm "CARINA" {GAEMI} was estimated based on all available data at 390 km East Northeast of Casiguran, Aurora, or 425 km East of Tuguegarao City, Cagayan with maximum sustained winds of 100 km/h near the center and gustiness of up to 125 km/h. It is moving North Northwestward slowly. Malaya 2 online (Unplanned Outage). San Gabriel shutdown (Reserved Shutdown). July 23: Tuesday - The center of Typhoon CARINA was estimated based on all available data at 380 km East of Aparri, Cagayan with maximum sustained winds of 130 km/h near the center and gustiness of up to 160 km/h. It is moving north-northwestward at 10 km/h. SLTEC 2 with 108MW load tripped (Unplanned Outage). Calaca 1 emergency shutdown (Unplanned Outage). July 24: Wednesday - The center of the eye of Typhoon "CARINA" (GAEMI) was estimated based on all available data at 280 km Northeast of Itbayat, Batanes with maximum sustained winds of 155 km/h near the center and gustiness of up to 190 km/h. It is moving Northwestward at 25 km/h. SCPC 3 tripped with 139MW (Unplanned Outage). MPGC Unit 4 online (On-going test and commissioning.) Malaya 2 with 130MW tripped (Unplanned Outage). July 25: Thursday - Weather Disturbance Alert Notice (WDAN) for Super Typhoon CARINA has been lifted today, July 25, 2024. GNPD Unit 2 online (Planned Outage). Calaca Unit 1 online (Unplanned Outage). Stay abreast of the happenings in the Philippine energy market by following us on social media! info.mabuhayenergy.com/Linkedin info.mabuhayenergy.com/Facebook Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth

July 30, 2024

Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Spotlight: 𝐌𝐚𝐫𝐜𝐨𝐬 𝐜𝐚𝐥𝐥𝐬 𝐨𝐧 𝐂𝐨𝐧𝐠𝐫𝐞𝐬𝐬 𝐭𝐨 𝐫𝐞𝐯𝐢𝐞𝐰 𝐄𝐏𝐈𝐑𝐀 President Ferdinand "Bongbong" Marcos Jr. on Monday urged Congress to determine if there is a need to amend the Arroyo-era Electric Power Industry Reform Act (EPIRA). In his third State of the Nation Address, Marcos said the government is studying whether or not the EPIRA still caters to the needs of consumers when it comes to having cheaper power rates in Mindanao, focusing on off-grid areas and areas within the grid experiencing insufficient power. READ MORE: https://www.gmanetwork.com/news/topstories/nation/914264/marcos-calls-on-congress-to-review-epira/story/ 𝐄𝐑𝐂 𝐭𝐨 𝐞𝐧𝐟𝐨𝐫𝐜𝐞 𝐩𝐞𝐧𝐚𝐥𝐭𝐢𝐞𝐬 𝐨𝐧 𝐍𝐆𝐂𝐏 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 𝐝𝐞𝐥𝐚𝐲𝐬, 𝐩𝐥𝐚𝐧𝐭 𝐨𝐮𝐭𝐚𝐠𝐞𝐬 The Energy Regulatory Commission (ERC) is anticipated to render decisions that will enforce penalties on the ‘unjustified’ transmission project delays of the National Grid Corporation of the Philippines (NGCP) as well as the indefensible forced outages of power plants during the summer months. On the forced outages of plants which distressed Luzon and Visayas grids with recurring yellow and red alerts within the stretch of the summer period, the ERC indicated that at least 37 generation companies (GenCos) were found to have breached the allowable outages for their generating units. READ MORE: https://mb.com.ph/2024/7/24/erc-to-enforce-penalties-on-ngcp-project-delays-plant-outages Image sources: Power Philippines, Inquirer Business Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

July 26, 2024

Curious about what happened in the energy market this past week? Mabuhay Energy's Weekly Market Update has you covered! We've compiled the Luzon average electricity prices and demand per day, along with the power plant activities that occurred each day. We also include environmental factors that may affect our electricity prices and demand. 𝐖𝐞𝐞𝐤𝐥𝐲 𝐑𝐮𝐧𝐝𝐨𝐰𝐧: The average market demand remained relatively stable while prices went up this past week following the effects of the Southwest Monsoon in the country, which brought lower temperatures and scattered rainfall. The average electricity demand in the Luzon grid went down to as high as 10,655 MW while average electricity prices went to as high as Php 10.05 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: July 12: Friday - Southwest Monsoon affecting the western sections of Southern Luzon, Visayas, and Mindanao. Sta. Rita 20 online (Unplanned Outage). San Gabriel shutdown (Reserve shutdown). San Gabriel online (Reserved Shutdown). SLPGC 1 shutdown (Unplanned Outage). Sta Rita Module 30 shutdown (Planned Outage). Sta Rita Module 40 shutdown (Planned Outage) July 13: Saturday - Southwest Monsoon affecting the western sections of Southern Luzon, Visayas, and Mindanao. San Gabriel shutdown (Reserve Shutdown). Calaca 1 shutdown (Unplanned Outage. San Gabriel online (Reserve Shutdown) July 14: Sunday - Southwest Monsoon affecting the western sections of Southern Luzon, Visayas, and Mindanao. San Gabriel shutdown (Reserve Shutdown) San Gabriel online (Reserve Shutdown). GNPD Unit 2 tripped from a 137MW load (Unplanned Outage). Sta Rita Module 40 online (Planned Outage) July 15: Monday - Southwest Monsoon affecting the western sections of Southern Luzon, Visayas, and Mindanao. Sta Rita Module 30 online (Planned Outage). GNPD Unit 2 shutdown - (Planned Outage) July 16: Tuesday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data at 310 km East Northeast of Davao City (8.3 N, 128.2 E)—Southwest Monsoon affecting the western sections of Southern Luzon and Mindanao. July 17: Wednesday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data at 200 km East Northeast of Surigao City, Surigao del Norte (10.4 N, 127.2 E)—Southwest Monsoon affecting the western sections of Southern Luzon, Visayas, and Mindanao. /System Advisory: Luzon grid was on YELLOW Alert. The total capacity on forced outage is 1358.7MW. The total of de-rated capacity is 294MW. San Gabriel tripped from the 372MW load. There was no ALD incurred. (Unplanned Outage) July 18: Thursday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data in the vicinity of Catbalogan City, Samar (11.8 N, 124.7 E). Southwest Monsoon affects the western sections of Southern Luzon, Visayas, and Mindanao. SLPGC Unit 1 online (Unplanned Outage) /System Advisory: Luzon Grid was on YELLOW Alert. The total capacity for forced outage is 1260.5MW. The total de-rated capacity is 633MW. SCPC 4 shutdown (Unplanned Outage) SCPC 2 shutdown (Unplanned Outage). SCPC 3 shutdown (Unplanned Outage). SCPC 1 shutdown (Unplanned Outage) Stay abreast of the happenings in the Philippine energy market by following us on social media! info.mabuhayenergy.com/Linkedin info.mabuhayenergy.com/Facebook Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth

July 17, 2024

Curious about what happened in the energy market this past week? Mabuhay Energy's Weekly Market Update has you covered! We've compiled the Luzon average electricity prices and demand per day, along with the power plant activities that occurred each day. We also include environmental factors that may affect our electricity prices and demand. 𝐖𝐞𝐞𝐤𝐥𝐲 𝐑𝐮𝐧𝐝𝐨𝐰𝐧: The average market demand and price decreased slightly this past week following the effects of the Southwest Monsoon in the country, which brought lower temperatures and scattered rainfall. The average electricity demand in the Luzon grid went down to as low as 9,598 MW while average electricity prices went to as low as Php 4.28 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: July 5: Friday - Intertropical Convergence Zone (ITCZ) affecting Southern Luzon, Visayas, and Mindanao. San Gabriel shutdown (Reserve Shutdown). GMEC 2 online (Unplanned Outage), San Gabriel online (Reserve Shutdown), Sta. Rita Module 10 shutdown at 2325H (Planned Outage), Sta. Rita Module 20 shutdown at 2356H (Planned Outage) July 6: Saturday - Intertropical Convergence Zone (ITCZ) affecting Southern Luzon, Visayas, and Mindanao. July 7: Sunday - Intertropical Convergence Zone (ITCZ) affecting Southern Luzon, Visayas, and Mindanao. Easterlies affecting the eastern section of Northern and Central Luzon. SCPC 1 online (Unplanned Outage), Sta Rita 20 online (Planned Outage), Calaca 1 emergency shutdown (Unplanned Outage), San Lorenzo 50 shutdown (Planned Outage) July 8: Monday - Easterlies affecting the eastern sections of Luzon and Visayas. Sta Rita 10 online (Planned Outage) July 9: Tuesday - Easterlies affecting the eastern sections of Luzon and Visayas. San Lorenzo 50 online (Planned Outage), Ilijan A GT 1-1 with 185MW manually tripped. Unplanned Outage), Ilijan A ST1 and GT 1-2 manually tripped. (Unplanned Outage) July 10: Wednesday - Intertropical Convergence Zone (ITCZ) affecting Southern Luzon, Visayas, and Mindanao. Ilijan A GT1-1 (Unplanned Outage), Ilijan ST 1 online (Unplanned Outage), Ilijan A GT 1-2 online (Unplanned Outage), San Lorenzo 60 online (Planned Outage), San Lorenzo 60 tripped @14MW from 80MW (Unplanned Outage), San Lorenzo 60 online (Unplanned Outage) July 11: Thursday - Intertropical Convergence Zone (ITCZ) affecting Southern Luzon, Visayas, and Mindanao. Calaca 1 online (Unplanned Outage), Sta. Rita 20 emergency shutdown at 2043H (Unplanned Outage) Stay abreast of the happenings in the Philippine energy market by following us on social media! info.mabuhayenergy.com/Linkedin info.mabuhayenergy.com/Facebook Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth

July 17, 2024

Prepare to unlock electricity cost savings with Mabuhay Energy as we take part in the 19th Philippine Semiconductor & Electronics Convention and Exhibition (PSECE) from July 24 to 26, 2024! Together with our solar subsidiary, Excell Energy and PowerGen Corp, we invite you to connect with us and get started on your electricity savings journey and also learn about how you can be energy-independent with a solar photovoltaic system for your home or business. Come visit us at Booth 203 (Near Hall 2 Entrance), let's get connected and you can take home a special token from us! Scan the QR Code in the banner or click the link below to register. See you there! https://app.glueup.com/event/19th-philippine-semiconductor-electronics-exhibition-112984/ Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

July 16, 2024

Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Spotlight: 𝐃𝐎𝐄 𝐭𝐨 𝐡𝐨𝐥𝐝 𝐭𝐰𝐨 𝐠𝐫𝐞𝐞𝐧 𝐞𝐧𝐞𝐫𝐠𝐲 𝐚𝐮𝐜𝐭𝐢𝐨𝐧𝐬 𝐭𝐡𝐢𝐬 𝐲𝐞𝐚𝐫 The Department of Energy (DOE) said it is preparing to conduct two green energy auctions (GEA) before the end of the year which targets RE technologies such as geothermal, pump-storage hydro, run-of-river hydro, and impounding hydro, with plans for another next year to include offshore wind energy. The DOE is also targeting holding a fourth round of GEA this year, which involves renewable energy technologies and energy storage systems. READ MORE: https://www.bworldonline.com/corporate/2024/07/11/607333/doe-to-hold-two-green-energy-auctions-this-year/ 𝐃𝐎𝐄 𝐬𝐚𝐲𝐬 𝐏𝐇 𝐦𝐮𝐬𝐭 𝐧𝐨𝐭 𝐛𝐞 𝐜𝐨𝐦𝐩𝐚𝐫𝐞𝐝 𝐰𝐢𝐭𝐡 𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚, 𝐂𝐡𝐢𝐧𝐚 𝐢𝐧 𝐜𝐨𝐚𝐥 𝐮𝐬𝐞 In a statement, the DOE said the power generation mix of the Philippines cannot be directly compared with large economies like China and Indonesia because of differences in demographic, economic, and energy profiles. The DOE noted that according to the latest Global Energy Monitor Report, as of January 2024, China's coal power plant capacity is at 1,136.7 GW, and Indonesia's is at 51.6 GW. The Philippines, meanwhile, only has 12.1 GW. READ MORE: https://news.abs-cbn.com/business/2024/7/10/doe-says-ph-must-not-be-compared-with-indonesia-china-in-coal-use-1434 Image sources: BusinessWorld Online, ABS CBN News Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌

July 12, 2024

Mabuhay Energy Corporation (MECO) Chief Operations Officer Jacqueline Castillo represented the Philippines in the panel discussion titled Utility-Scale Solar Deployment in Asia: Opportunities and Challenges for Scaling Up Solar Energy Deployment. As the sole Filipina executive in this panel discussion, Jacqueline boasted of the Philippines' growing investment in transitioning towards clean and renewable energy. This transition promises reliable, competitively priced electricity while ensuring long-term sustainability. She also emphasized the importance of achieving a balance between economic growth and environmental sustainability and suggested exploring agrivoltaic solar technology as a potential solution. In the photo: Vice President Regions, Executive Committee and Board Member Joseph Tomkiewicz (Association of International Energy Negotiators); Head of Engineering Solar, SEA Moin Eusof (BayWa r.e. Global), Chief Operating Officer Vincent YAP (Solarvest); Director and Head of Renewable Energy Laurence Kwan (Cambridge RE Partners); Chief Operating Officer and Head of Sales, Marketing and Regulatory Jacqueline Castillo REE, RME, MBA，(Mabuhay Energy Corporation); Senior Manager, Tom Warwick (International Development at Lightsource bp); Partner Kyle Katoski (Vector Energy Advisory) Photo Credits: Solar Energy Storage Future Asia 2024 Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com to begin your energy savings journey! 🔌