Updates

July 11, 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 remains stable while the average market price increased this past week following the effects of the Easterly winds in the country, which brought warm and humid weather. The Market Operator initiated Market Intervention due to failure to generate Real-Time Dispatch. The average electricity demand in the Luzon grid went down to as high as 10,866 MW while average electricity prices went to as high as Php 10.12 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: June 28: Friday - Easterlies affecting the eastern section of the country. MPGC Unit 4 online then tripped with a load of 38MW (on commissioning). Later on, MPGC Unit 4 came back online and San Gabriel came online from a Reserve Shutdown. MPGC Unit 4 from 38MW(25%) conducted a load rejection test (LRT) for its ongoing test and commissioning. Later on, MPGC Unit 4 came back online. June 29: Saturday - Easterlies affecting the eastern section of the country. Market Operator initiated Market Intervention for Luzon, Visayas, & Mindanao Grids starting interval 0430H due to failure to generate Real-Time Dispatch (RTD). The Market Intervention was later lifted at 0454H. Market operations resumed starting at the interval 0500H. San Gabriel went offline (Reserve) while MPGC Unit 4 tripped and then came back online (On-going testing and commissioning). GMEC Unit 2 shut down from an Unplanned Outage. San Gabriel online from Reserve Shutdown. June 30: Sunday - Easterlies affecting the eastern section of the country. San Gabriel shutdown from a Reserve Shutdown. MPGC 4 load reject with 77MW then came back online (on commissioning). July 1: Monday - Easterlies affecting the eastern sections of Luzon and Visayas. MPGC Unit 1 shut down from a Planned Outage. Pagbilao 1 shut down from a Planned Outage. QPPL came online from Maintenance Outage. Kalayaan Unit 3 with 180MW tripped from an Unplanned Outage. San Gabriel online from Reserve shutdown. MPGC Unit 4 from 113MW (75%) conducted a load rejection test (LRT) then came online (On-going test and commissioning.) July 2: Tuesday - Intertropical Convergence Zone (ITCZ) affecting Palawan and Southern Mindanao. Easterlies affecting the eastern sections of Luzon and Visayas. Ilijan Block A with 339MW load tripped (Unplanned Outage) Balsik - San Marcelino 230kV Line 2 and Line 1 restored at 1736H/1737H respectively (Unplanned Outage). Ilijan A GT1-1 online from an Unplanned Outage. Ilijan A ST1 came online from an Unplanned Outage. San Lorenzo 60 shut down from a Planned Outage. July 3: Thursday - Intertropical Convergence Zone (ITCZ) affecting Palawan and Western Mindanao. Easterlies affected the eastern sections of the country. Ilijan GT1-2 online from an Unplanned Outage. SCPC Unit 1 shut down from an Unplanned Outage. MPGC Unit 4 successfully completed the 100%(150MW) Load Rejection Test(LRT) and then came online (On-going test and commissioning.) July 4: Friday - Intertropical Convergence Zone (ITCZ) affecting Palawan. Easterlies affected the eastern sections of the country. Ilijan Block A and Ilijan GT2-1 tripped from an Unplanned Outage. Ilijan GT2-1 online (Unplanned Outage). Ilijan A GT 1-2 online, tripped with 12MW, then came back online (Unplanned Outage). Ilijan A GT 1-1 online (Unplanned Outage). Ilijan A ST-1 online (Unplanned Outage). Ilijan A GT 1-2 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 10, 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 𝐬𝐞𝐭 𝐭𝐨 𝐫𝐞𝐬𝐮𝐦𝐞 𝐭𝐡𝐢𝐬 𝐦𝐨𝐧𝐭𝐡 The Energy Regulatory Commission (ERC) is looking to resume the commercial operations of the reserve market before the end of this month. Once the commission’s decision is finalized, Dimalanta said the trading of power reserves would be back in action on July 26. In May, the ERC partially lifted the suspension on settlement amounts in the reserve market to allow power generators to recover a portion of the costs for trading transactions during the March billing month. READ MORE: https://www.philstar.com/business/2024/07/04/2367483/power-reserve-market-set-resume-month 𝐄𝐑𝐂 𝐬𝐥𝐚𝐩𝐬 𝐈𝐬𝐚𝐛𝐞𝐥𝐚 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐜𝐨𝐨𝐩 𝐰𝐢𝐭𝐡 𝐏𝟐.𝟎𝐌 𝐩𝐞𝐧𝐚𝐥𝐭𝐲 The Energy Regulatory Commission (ERC) has slapped Isabela II Electric Cooperative (ISELCO) with P2.0 million penalty due to its failure to validate the generation charges it passed on to its customers and for not complying with required fuel audit process. On the enforced penalty, ISELCO had been ordered to pay within 15 days from the receipt of the ERC decision. READ MORE: https://mb.com.ph/2024/7/5/erc-slaps-isabela-electric-coop-with-p2-0-m-penalty Image sources: Inquirer Business, 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! 🔌

July 5, 2024

Mabuhay Energy Corporation (MECO) was formally inducted as a Silver Member in the Analytics & Artificial Intelligence Association of the Philippines or AAP during the Q2 General Membership Meeting held at Ayala Triangle Gardens Tower 2, Makati City last June 2024. MECO's membership in this distinguished association underscores our commitment to invest in emerging technologies. This empowers us to continuously innovate and develop cost-saving power solutions for our valued partners and customers. During this event, Undersecretary Atty. Jocelle Batapa-Sigue of the Department of Information and Communications Technology (DICT) delivered the keynote and shared some of the initiatives that the department is doing to let the Philippines become part of the international conversation surrounding the responsible application and uses of AI especially on policy, innovation, and safety. During this meeting, other new members inducted along with MECO were Aboitiz Data Innovation, AC Multipurpose Cooperative, Aseametrics Corp, BSI, IHG Hotel and Resorts, Western Digital, Unilever, Flipside AI, and Pointwest Digital. Photo Credits: Analytics and Artificial Intelligence Association of the Philippines 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 4, 2024

Mabuhay Energy Corporation (MECO) and the other members of the Philippine Chamber of Commerce and Industry (PCCI)'s Energy and Power Committee met with Department of Energy (DOE) Secretary Raphael P.M. Lotilla last May to follow through on the agency’s strategic roadmap and action agenda to address the Philippines’ energy security and push for competitive power rates. The courtesy call aimed to foster a public-private collaboration between the two parties. In the photo: Policy and Program Officer for Industry Avery Del Mundo (PCCI), Policy and Program Officer for Energy and Power Angela Bea De Luna (PCCI), Chairman of the Energy Committee David Chua (PCCI), Undersecretary Rowena Guevarra (DOE), Assistant Secretary Ronald Conquilla (DOE), Secretary Raphael Lotilla (DOE), George T. Barcelon, Chairman and Director for Energy and Power (PCCI), TWG and Energy Committee Member Jacqueline Castillo (Mabuhay Energy), TWG and Energy Committee Member Ramil Soriano (SEIPI), TWG and Energy Committee Member Jonathan Aldaba, (Aboitiz Power Corp.), Co-Chair of the Industry Committee Dr. Dan Lachica (SEIPI), Mr. Cirilo Pestano (Cement Manufacturers Association of the Philippines), Mr. Rainier A. Elepano, (Cement Manufacturers Association of the Philippines), Consul Enunina V. Mangio, President, Vice President for Industry Mr. Michael G. Tan, Vice President for Trade Facilitation, Mr. Bryan L. Ang, TWG Member, Energy and Environment Committee (Philippine Sinter Corp.), Mr. Gus Adis, Policy and Program Officer, Ms. Elisha Isobel Sanchez, Executive Assistant Ms. Juris Rae Raz (Office of the President) 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 3, 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 remains stable while the average market price decreased this past week following the effects of the Southwest Monsoon in the country. The Southwest Monsoon brought frequent rainfall and lower temperatures to the region while towards the end of the week, the Easterly winds brought warm and humid weather to the country. The average electricity demand in the Luzon grid went down to as low as 9,919 MW while average electricity prices went to as low as Php 3.55 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: June 21: Friday - Southwest Monsoon affecting the western section of Mindanao. EERI Unit 1 online then shutdown (Ongoing Testing and Commissioning). San Gabriel shut down then came back online from an Unplanned Outage. June 22: Saturday - Southwest Monsoon affecting the country. San Gabriel shut down from an Unplanned Outage. Pagbilao Unit 1 came online from an Unplanned Outage. June 23: Sunday - Southwest Monsoon affecting the country. San Gabriel came online then shut down from an Unplanned Outage. June 24: Monday - Southwest Monsoon affecting the country. June 25 - 26: Tuesday to Wednesday- Easterlies affecting the country. June 27: Thursday - Easterlies affecting the country. QPPL and Masinloc Unit 2 shut down from an 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 3, 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 𝐫𝐞𝐜𝐨𝐫𝐝𝐬 𝐥𝐨𝐰𝐞𝐫 𝐫𝐞𝐭𝐚𝐢𝐥 𝐩𝐫𝐢𝐜𝐞 𝐢𝐧 𝐐𝟏 The Energy Regulatory Commission (ERC) reported on Thursday that the country’s retail electricity price dipped in the first quarter of 2024. In a statement, it said the supply prices of retail electricity suppliers (RES) in the January-March period ranged from Php 3.57 per kilowatt-hour (kWh) to Php 7.67/kWh, averaging Php 5.49/kWh. For the first quarter of 2023, the average price of retail electricity prices reached Php 6/kWh. The ERC said this was “significantly lower” than last year’s weighted average generation charges of distribution utilities (DUs) in the main grids, with a national average of Php 6.7460/kWh. READ MORE: https://business.inquirer.net/466048/erc-records-lower-retail-price-in-q1 𝐄𝐑𝐂 𝐫𝐞𝐯𝐢𝐞𝐰𝐢𝐧𝐠 𝐚𝐥𝐥𝐨𝐰𝐚𝐛𝐥𝐞 𝐩𝐨𝐰𝐞𝐫 𝐩𝐥𝐚𝐧𝐭 𝐨𝐮𝐭𝐚𝐠𝐞 𝐥𝐞𝐯𝐞𝐥𝐬 The Energy Regulatory Commission (ERC) said it is reviewing the reliability index that typically sets the allowable outages for energy facilities, to improve monitoring and set appropriate penalties. “We are reviewing the reliability indices based on the petition filed by PIPPA (Philippine Independent Power Producers Association, Inc.) to make sure the indices are real measures of operational performance,” ERC Chairperson Monalisa C. Dimalanta said. READ MORE: https://www.bworldonline.com/economy/2024/06/23/603631/erc-reviewing-allowable-power-plant-outage-levels/ Image sources: Inquirer Business, BusinessWorld Online 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! 🔌

June 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 remains stable while the average market price decreased this past week following the effects of the Southwest Monsoon in the country. The Southwest Monsoon brought frequent rainfall and lower temperatures to the region. The average electricity demand in the Luzon grid went down to as low as 9,984 MW while average electricity prices went to as low as Php 3.78 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: June 14: Friday - Southwest Monsoon affecting the western section of Mindanao. EERI Unit 1 online then shutdown (Ongoing Testing and Commissioning). San Gabriel online from Reserve Shutdown. June 15: Saturday - Southwest Monsoon affecting the country. Southwest Monsoon affected the western sections of Visayas and Mindanao. San Gabriel offline then came back online (Reserve Shutdown). EERI 1 online - (Ongoing Testing and Commissioning) June 16: Sunday - Southwest Monsoon affecting the western sections of Southern Luzon and Visayas. EERI 1 shutdown (Ongoing Testing and Commissioning) June 17: Monday - Southwest Monsoon affecting the western sections of Southern Luzon and Visayas. San Gabriel offline (Reserve Shutdown). Pagbilao 1 shut down due to an Unplanned Outage. EERI Unit 1 online (Ongoing Testing and Commissioning) June 18: Tuesday - Southwest Monsoon affecting the western sections of Southern Luzon and Visayas. San Gabriel online (Reserve Shutdown) June 19: Wednesday - Southwest Monsoon affecting the western sections of Southern Luzon, Visayas, and Mindanao. San Lorenzo Module 50 tripped from 161MW load (Unplanned Outage). San Lorenzo Module 60 shut down from an Unplanned Outage. San Gabriel shutdown (Reserve Shutdown). San Lorenzo Module 60 online from Unplanned Outage. Pagbilao Unit 1 online from an Unplanned Outage. June 20: Thursday - Southwest Monsoon affecting the western sections of Southern Luzon, Visayas, and Mindanao. Pagbilao 1 shut down from an Unplanned Outage. EERI Unit 1 shut down (Ongoing Testing and Commissioning). San Lorenzo Module 50 online from an Unplanned Outage. 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

June 25, 2024

Jacqueline Castillo, Chief Operations Officer and Head of Sales, Marketing, and Regulatory at Mabuhay Energy (MECO), took center stage as a panel member at Solar and Storage Live PH 2024. Held at the SMX Convention Center in Pasay City, Metro Manila, the event convened industry leaders to discuss the future of solar energy. The panel discussion, titled "How solar can benefit from a contract trading market?", featured Jacqueline alongside esteemed figures such as Sarah Fairhurst, Guido Alfredo Delgado, Alfie Miras, and John Knorring. Jacqueline and Alfie shared their experiences with contract trading markets, emphasizing the transformative impact of platforms like Green Tiger Markets on retail supply market activities. Jacqueline also shed light on the importance of risk management in the open access market. With MECO being one of the pioneer trading participants of the contract trading market, this venture into a new hedging platform became a great way for the retail electricity supplier (RES) to protect the interests of our contestable customers by sourcing competitively priced power supply contracts through a hedging platform. Alfie echoed the sentiment, noting the efficiency and cost-effectiveness of leveraging such platforms for energy procurement, ultimately enabling MECO and other RES players to offer more competitive electricity prices for customers. Thanks to the contract trading market platforms that give RES trading participants significant savings on their power purchase agreements and electricity trading transactions, a lot more contestable customers will be able to enjoy competitive rates and pricing schemes resulting in significant electricity cost savings. MECO's active involvement also underscores our commitment to embracing innovation and seizing new opportunities in the energy sector. As we continue to explore emerging technologies, we remain dedicated to providing innovative, competitive, and reliable power solutions to our valued partners. Follow MECO on social media as we explore more innovative ways to unlock significant energy cost savings for the Filipino market. IN THE PHOTO (from left to right): Independent Non-Executive Director Sarah Fairhurst (Equis Development Pte. Ltd.), Vice President for Business Development and Market Operation Alfie Miras (Palm Concepcion Power Corporation / Joy Nostalg Solaris Inc.), Chief Operating Officer and Head of Sales, Marketing and Regulatory Jacqueline Castillo (MECO), Chief Executive Officer John Knorring (Green Tiger Markets), Chairman and CEO Guido Alfredo Delgado (G.A.A. Delgado Incorporated) 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! 🔌

June 24, 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: 𝐂𝐨𝐚𝐥-𝐟𝐢𝐫𝐞𝐝 𝐩𝐥𝐚𝐧𝐭𝐬 𝐜𝐚𝐧 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐏𝐇𝐋 𝐛𝐚𝐬𝐞𝐥𝐨𝐚𝐝 𝐧𝐞𝐞𝐝𝐬 𝐮𝐧𝐭𝐢𝐥 𝟐𝟎𝟑𝟎 — 𝐃𝐎𝐄 Energy Secretary Raphael P.M. Lotilla described as sufficient the baseload capacity of over 6,300 megawatts (MW) due to the relative newness of many coal-fired power plants. He said that more than 3,400 MW of dependable coal capacity is between 10 and 30 years old, allowing for at least a further 10 years of operations. In 2022, the DOE issued a moratorium on the development of new coal-fired power plants to reduce the Philippines’ dependence on coal. READ MORE: https://www.bworldonline.com/economy/2024/06/19/602999/coal-fired-plants-can-support-phl-baseload-needs-until-2030-doe/ 𝐖𝐄𝐒𝐌 𝐠𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐛𝐨𝐝𝐲 𝐞𝐥𝐞𝐜𝐭𝐬 𝐧𝐞𝐰 𝐛𝐨𝐚𝐫𝐝, 𝐨𝐟𝐟𝐢𝐜𝐞𝐫𝐬 The Philippine Electricity Market Corporation (PEMC), which serves as the governance body of the Wholesale Electricity Spot Market (WESM), has elected its new set of board of directors and officers that will help oversee the operations of the country’s power spot market. Renamed as president of PEMC, during their annual membership meeting, had lawyer Elvin Hayes Nidea; and re-elected as chairman is Noel Aboboto of TeaM Energy Philippines. Rounding up the roll of corporate officers at PEMC are Elenita Go of SMC Global Power Holdings Corp of the San Miguel group as treasurer; and Kate Aubrey Hojilla as corporate secretary. READ MORE: https://mb.com.ph/2024/6/22/wesm-governance-body-elects-new-board-officers Image sources: BusinessWorld Online, 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! 🔌

June 21, 2024

The Philippine Chamber of Commerce and Industry (PCCI) hosted the Power Summit 2024 with distinguished keynote speakers, among them are the Department of Energy Philippines (DOE) Secretary Raphael P.M. Lotilla and Energy Regulatory Commission (ERC) Chairperson Atty. Monalisa Dimalanta. The Power Summit 2024 convened industry experts to discuss and collaborate on critical issues facing the country's energy sector. This collaborative event aimed to develop actionable solutions for a more secure and sustainable energy future for the Philippines. It was at this event where the PCCI marked the start of a public-private collaboration between the DOE, ERC and the association to make significant strides in powering the Philippines with a secure, reliable, and affordable electricity supply. As an active member of the Energy and Power Committee of PCCI, Mabuhay Energy (MECO) is committed to addressing the concerns of our partners in the contestable market and advocating for reliable and affordable electricity for all Filipinos. Our participation allows us to relay the concerns of contestable customers, drawing from our first-hand experience in providing power solutions to the open access market and supporting inclusive economic growth for the country that leads to increasing foreign direct investment. 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! 🔌

June 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 have decreased this past week following the effects of the Southwest Monsoon in the country. The Southwest Monsoon brought frequent rainfall and lower temperatures to the region. Average market demand and prices went back up towards the end of the week following the effect of the Easterly winds that brought clear and humid weather. Automatic Load Dropping (ALD) occurred at MERALCO and NGCP due to Ilijan Block A & B tripping. Market Intervention (MI) was initiated by the Market Operator due to the failure to generate Real-Time Dispatch. The average electricity demand in the Luzon grid went down to as low as 9,866 MW while average electricity prices went to as low as Php 4.33 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: June 7: Friday - Southwest Monsoon affecting the country. Kalayaan Unit 4 tripped due to an unplanned outage and Masinloc Unit 1 shut down due to a boiler tube leak (unplanned outage). June 8: Saturday - Southwest Monsoon affecting the country. EERI Unit 1 went online under continuous testing and commissioning that started on June 4. San Gabriel came online. June 9: Sunday - Southwest Monsoon affecting the country. San Gabriel shut down due to an unplanned outage. June 10: Monday - Southwest Monsoon affecting the country. ALD occurred at MERALCO and NGCP due to Ilijan Block A & B tripping. San Gabriel came online after a forced outage. June 11: Tuesday - Southwest Monsoon affecting the country. Calaca 2 tripped and went back online. San Lorenzo came online from a forced outage. MI was initiated by the Market Operator due to the failure to generate Real-Time Dispatch. June 12: Wednesday - Easterly winds affecting the region. San Gabriel shut down then came back online from a forced outage. June 13: Thursday - Easterly winds affecting the region. SLTEC Unit 1 tripped and then came back online from a forced outage. Masinloc Unit 1 came online from a forced 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

June 20, 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 𝐛𝐚𝐫𝐞𝐬 𝐧𝐞𝐰 𝐠𝐮𝐢𝐝𝐞𝐥𝐢𝐧𝐞𝐬 𝐟𝐨𝐫 𝐫𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐞𝐧𝐞𝐫𝐠𝐲 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 The Department of Energy (DOE) has issued new guidelines simplifying the application process for renewable energy (RE) development to boost the country’s clean energy transition. Under the new guidelines, RE developers may now commence the processing of permits and the conduct of surveys and other feasibility activities before the official 25-year contract term starts. READ MORE: https://www.philstar.com/business/2024/06/15/2363072/doe-bares-new-guidelines-renewable-energy-development 𝐄𝐑𝐂 𝐝𝐞𝐥𝐚𝐲𝐬 𝐛𝐢𝐥𝐥𝐢𝐧𝐠 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐖𝐄𝐒𝐌 𝐢𝐧𝐯𝐨𝐢𝐜𝐞𝐬 𝐟𝐨𝐫 𝐋𝐮𝐳𝐨𝐧, 𝐕𝐢𝐬𝐚𝐲𝐚𝐬 The Energy Regulatory Commission (ERC) has ordered all distribution utilities (DUs) in the Luzon and Visayas grids to delay charging consumers preliminary generation charges. In a statement, ERC said on Tuesday, June 10, that DUs should wait until the release of the final statement (FS) by the Independent Electricity Market Operator of the Philippines (IEMOP). The ERC said this directive aims to ensure accurate billing for the amounts related to purchases from the Wholesale Electricity Spot Market (WESM). READ MORE: https://mb.com.ph/2024/6/11/erc-delays-wesm-billing-for-luzon-visayas-power-retailers Image sources: 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 to begin your energy savings journey! 🔌

June 16, 2024

Happy Father’s Day to all the wonderful fathers and father figures out there! Join us in celebrating and honoring the incredible dads from all walks of life whose dedication, resilience, and love for family continue to energize and uplift us! Sharing some thoughts from a few of our amazing dads within Mabuhay Energy, Excell Energy and PowerGen Corp, and Mabuhay Renewable Energy Corp. - highlighting the harmonious balance between their professional duties and their roles at home. Their steadfast commitment not only drives our missions forward, but also sets a powerful example for everyone. 🌟 #FathersDay #LeadingLights

June 12, 2024

Today, we proudly celebrate 126 years of Philippine Independence! Let's honor the sacrifices of our heroes who fought for our freedom by committing to a brighter future for our nation. At Mabuhay Energy Corporation, we believe every Filipino holds the power to create change. We're dedicated to supporting the Philippines' growth with innovative, reliable, and competitive power solutions. United in patriotism, together we can build a sustainable and prosperous future for generations to come. Maligayang Araw ng Kalayaan! Mabuhay ang Pilipinas! 🇵🇭

June 6, 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 had decreased while average market prices increased this past week following the entry of Tropical Depression AGHON into the Philippine Area of Responsibility (PAR). Scattered rainfall and thunderstorms affected the region. NGCP raised Yellow and Red Alerts in the Luzon Grid and the ERC declared market suspension for the Luzon Grid. The average electricity demand in the Luzon grid went down to as low as 8,682 MW while average electricity prices went to as high as Php 10.82 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: May 24: Friday - Tropical Depression AGHON entered the PAR and brought scattered rainfall and thunderstorms to the country. NGCP issued a Yellow Alert for the Luzon Grid. Calaca Unit 2 tripped and then came back online from its Unplanned Outage. May 25: Saturday - Ilijan Block A & B shut down from an Unplanned Outage. May 26: Sunday - NGCP issued a Yellow Alert for the Luzon Grid. Kalayaan Unit 3 tripped from an Unplanned Outage. Pagbilao Units 1 & 3 were online and then tripped due to an Unplanned Outage. SBPL, Masinloc Unit 3, and Pagbilao Unit 2 tripped from an Unplanned Outage. Automatic Load Dropping (ALD) occurred but was later lifted. May 27: Monday - NGCP issued a Red and Yellow Alert for the Luzon Grid. Kalayaan 4 tripped from an Unplanned Outage. Masinloc Unit 3 was online from an Unplanned Outage. ERC has declared market suspension for the Luzon grid. SBPL and MPGC Unit 1 were online from an Unplanned Outage. San Lorenzo shut down from an Unplanned Outage. Ilijan GT 1-2 was online then tripped from an Unplanned Outage. May 28: Tuesday - NGCP issued a Red and Yellow Alert for the Luzon Grid. Ilijan Block A & B were online from an Unplanned Outage. May 29: Wednesday - NGCP issued a Red and Yellow Alert for the Luzon Grid. Pagbilao Unit 3 was online from an Unplanned Outage. Masinloc Unit 3 tripped from an Unplanned Outage. May 30: Thursday - NGCP issued a Yellow Alert on the Luzon Grid. Masinloc Unit 3 was online from an 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

June 4, 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 𝐬𝐮𝐬𝐩𝐞𝐧𝐝𝐬 𝐋𝐮𝐳𝐨𝐧'𝐬 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜𝐢𝐭𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐝𝐮𝐞 𝐭𝐨 𝐭𝐢𝐠𝐡𝐭 𝐬𝐮𝐩𝐩𝐥𝐲 The Energy Regulatory Commission (ERC) has directed the suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon Region effective Monday afternoon, May 27, due to insufficient generation capacity in the grid. In a statement, ERC said the decision to suspend WESM operations followed the declaration of a "Red Alert" status on the Luzon grid by the National Grid Corporation of the Philippines (NGCP) owing to inadequate power supply. READ MORE: https://mb.com.ph/2024/5/27/erc-suspends-luzon-s-electricity-market-due-to-tight-supply 𝐒𝐮𝐩𝐫𝐞𝐦𝐞 𝐂𝐨𝐮𝐫𝐭 𝐥𝐢𝐟𝐭𝐬 𝐓𝐑𝐎 𝐨𝐧 𝐧𝐞𝐰 𝐭𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐥𝐢𝐧𝐞 𝐢𝐧 𝐂𝐞𝐧𝐭𝐫𝐚𝐥 𝐋𝐮𝐳𝐨𝐧 The Supreme Court lifted the temporary restraining order on a portion of National Grid Corp. of the Philippines’ Hermosa-San Jose 500kV transmission line (HSJ) in Central Luzon, paving the way for its full completion by mid July. The HSJ, with a project cost of P17.3 billion, is certified as an energy project of national significance (EPNS) and its full completion and energization at full capacity are critical in accommodating additional power generation to the grid to prevent Luzon-wide power interruptions. READ MORE: https://manilastandard.net/business/314452487/supreme-court-lifts-tro-on-new-transmission-line-in-central-luzon.html Image sources: Power Philippines, MSN 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 to begin your energy savings journey! 🔌

May 31, 2024

📣Announcing the Winner of our Summer Giveaway promo!📣 Total Number of Songs about Energy/Electricity = 150 songs Winner: Leza Canicula Leyte We want to send a big thank you to everyone who participated in our contest and made it a success! For more promos like this, follow us on Facebook! 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! 🔌

May 31, 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 high while average market prices slightly increased this past week. Moreover, the easterly weather system brought warmer temperatures affecting the country, and later in the week, the shear line brought scattered rainfall in Northern Luzon. NGCP raised Yellow and Red Alerts in the Luzon Grid and the ERC declared market suspension for the Luzon Grid. The average electricity demand in the Luzon grid went up to as high as 11,652 MW while average electricity prices went to as high as Php 11.34 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: May 17: Friday - Shear Line affecting Extreme Northern Luzon while the Easterlies affect the rest of the country. MPGC 1 with 150MW tripped due to an Unplanned Outage. Ilijan GT1-2 shut down due to an Unplanned Outage. May 18: Saturday - Shear Line affecting Extreme Northern Luzon while Easterlies affect the rest of the country. Market Operator (MO)-initiated Market Intervention for Luzon, Visayas, & Mindanao Grid due to failure to generate RTD. SCPC 1 & 3 with a total load of 300MW (150MW each) on house load due to SIPS activation caused by unlooping of the Balsik-San Jose 500kV Line from an Unplanned Outage. SCPC 1 synchronized but tripped from an Unplanned Outage. SCPC 3 synchronized from an Unplanned Outage. SCPC 3 manually tripped from a 30MW load due to an Unplanned Outage. SCPC 1 came back online from its Unplanned Outage. May 19: Sunday - Shear Line affecting Extreme Northern Luzon while Easterlies affect the rest of the country. May 20: Monday - Weather Update: Shear Line affecting Extreme Northern Luzon while Easterlies affect the rest of the country. Kalayaan 4 as pump with a load of 160MW tripped from an Unplanned Outage. NGCP issued a Yellow Alert for Luzon Grid. May 21: Tuesday - Easterlies affecting the country. For info: Sta Rita Module 20 completed the fuel changeover from oil to natural gas. Sta Rita Module 40 completed the fuel changeover from fuel oil to natural gas. NGCP issued a Yellow Alert for Luzon Grid. Ilijan A GT 1-2 online (Unplanned Outage). MO-initiated Market Intervention for Luzon, Visayas, & Mindanao Grid starting interval 1735H due to failure to generate Real-Time Dispatch (RTD). May 22: Wednesday - Easterlies affecting the country. NGCP issued a Yellow Alert for Luzon Grid. Calaca Unit 2 online and then tripped with 30MW (Unplanned Outage). Automatic Load Dropping (ALD) occurred at NGCP and MERALCO area due to tripping Sual 1 with 540 MW then restored. May 23: Thursday - Weather Update: Easterlies affecting the country. Calaca 2 returned online and then tripped with a 15 MW load due to an Unplanned Outage. Later on in the day, Calaca Unit 2 came back online and then tripped with an 80 MW load. NGCP issued a Red and Yellow Alert on the Luzon Grid. ERC has declared market suspension for the Luzon grid. SCPC Unit 3, Calaca Unit 2, and Sual Unit 1 came online from their Unplanned Outages. 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

May 29, 2024

Last May 23, 2024, Chief Executive Officer of Perx Technologies, Anna Gong, engaged in a lively discussion with Mabuhay Energy Corporation (MECO)’s Executives and Energy Trading Operations team to unlock the next stage in the company’s future powered by Artificial Intelligence (AI). Her message was clear: while technology is a tool, it's the people utilizing the technology that direct the impact of technology in our lives. At MECO, we're not just embracing AI, we're integrating it responsibly into our workflows with human ingenuity and authenticity. With that in mind, our Energy Trading Operations team is incorporating AI technology to further strengthen our energy data management systems, ultimately enhancing our data-driven decision-making. As we strive to continuously develop innovative, competitive, and reliable power solutions for our partners, MECO also works hard to build a secure energy future for Filipinos with the use of emerging technologies. Follow us on social media as we continue to partner with industry leaders and subject matter experts to build towards a future powered by human-centric AI solutions. 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! 🔌

May 28, 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 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐦𝐩𝐫𝐨𝐯𝐞𝐝 𝐩𝐨𝐰𝐞𝐫 𝐬𝐢𝐭𝐮𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐋𝐮𝐳𝐨𝐧 Energy Assistant Secretary Mario C. Marasigan told reporters on Friday, May 24, that the power outage was reduced to 1,600MW while the de-rating at 600MW, coming from the loss of 4,000MW of capacity from the system on Thursday. READ MORE: https://mb.com.ph/2024/5/24/doe-reports-improved-power-situation-in-luzon 𝐁𝐎𝐈, 𝐄𝐑𝐂 𝐭𝐞𝐚𝐦 𝐮𝐩 𝐭𝐨 𝐥𝐮𝐫𝐞 𝐦𝐨𝐫𝐞 𝐩𝐨𝐰𝐞𝐫 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 The Board of Investments (BOI) and the Energy Regulatory Commission (ERC) have teamed up to facilitate investments and address industry concerns, in an effort to attract more investments. The partnership is aimed at “effectively and efficiently addressing issues in the electric power industry, and concerns from BOI clients,” the ERC said in a joint statement. READ MORE: https://business.inquirer.net/460347/boi-erc-team-up-to-lure-more-power-projects Image sources: Philippine Star, 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 to begin your energy savings journey! 🔌

May 24, 2024

Learn more about your electricity bill with Mabuhay Energy! 🧾💡 Have you ever wondered why there is a breakdown of the electricity rate in your electric bill? You have the Electric Power Industry Reform Act (EPIRA Law of 2001) to thank for that breakdown. All electricity end-users now enjoy full transparency of the charges that go into their monthly electricity bill so you can see exactly where your electricity payment goes and what had impacted the increase or decrease in your electricity rate. As a duly licensed Retail Electricity Supplier, Mabuhay Energy (MECO) is able to negotiate directly with power generation companies and purchase electricity supply to provide to contestable customers! Through these Power Purchase Agreements (PPAs), MECO can negotiate lower generation charges (which make up more than half of your electricity charges) for our customers, tailoring their electricity rate to their energy consumption requirements. Learn more about how we can help make your electricity savings a reality by visiting our website: https://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 to begin your energy savings journey! 🔌

May 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: 𝐄𝐑𝐂 𝐩𝐚𝐫𝐭𝐢𝐚𝐥𝐥𝐲 𝐥𝐢𝐟𝐭𝐬 𝐬𝐮𝐬𝐩𝐞𝐧𝐬𝐢𝐨𝐧 𝐨𝐧 ‘𝐫𝐞𝐬𝐞𝐫𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐞𝐭𝐭𝐥𝐞𝐦𝐞𝐧𝐭’; 𝐚𝐥𝐥𝐨𝐰𝐬 𝐫𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐨𝐟 𝐏𝟏.𝟕𝟐𝟑𝐁 The Energy Regulatory Commission has partially lifted the enforced suspension on cost settlements at the reserve market, hence, allowing the generation companies to recoup P1.723 billion worth of deferred cost recoveries which accrued when they supplied the ancillary services requirements of the power system operator. READ MORE: https://mb.com.ph/2024/5/15/erc-partially-lifts-suspension-on-reserve-market-settlement-allows-recovery-of-p1-723-b 𝐍𝐆𝐂𝐏, 𝐈𝐄𝐌𝐎𝐏 𝐰𝐚𝐫𝐧𝐞𝐝 𝐨𝐟 𝐩𝐞𝐧𝐚𝐥𝐭𝐢𝐞𝐬 𝐟𝐨𝐫 𝐧𝐨𝐧-𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐩𝐞𝐫𝐦𝐢𝐭𝐭𝐢𝐧𝐠 𝐚𝐩𝐩𝐫𝐨𝐯𝐚𝐥𝐬 𝐮𝐧𝐝𝐞𝐫 𝐄𝐕𝐎𝐒𝐒 The Energy Regulatory Commission (ERC) has primarily issued warning on system operator National Grid Corporation of the Philippines (NGCP) and market operator Independent Electricity Market Operator of the Philippines (IEMOP) that they could be meted with penalties if they will not strictly comply with the prescribed timeline of approvals for energy projects under the Energy Virtual One-Stop Shop (EVOSS) system. READ MORE: https://mb.com.ph/2024/5/17/ngcp-iemop-warned-of-penalties-for-non-compliance-to-permitting-approvals-under-evoss Image sources: BusinessWorld Online, Manila Standard 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 to begin your energy savings journey! 🔌

May 22, 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 high while average market prices slightly increased this past week. Moreover, the easterly weather system brought warmer temperatures affecting the country, and later in the week, the shear line brought scattered rainfall in Northern Luzon. The average electricity demand in the Luzon grid went up to as high as 11,663 MW while average electricity prices went to as low as Php 5.37 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: May 10: Friday - Frontal System affecting Extreme Northern Luzon while Easterlies affecting the rest of the country. Masinloc Unit 3 tripped with a 271MW load from a Forced Outage. May 11: Saturday - Shear Line affecting the eastern sections of Northern and Central Luzon while Easterlies affecting the rest of the country. QPPL shut down from a Planned Outage while Masinloc 3 went online from a Forced Outage. May 12: Sunday - Easterlies affecting the country. SLPGC 1 with a load of 150MW tripped from a Forced Outage. May 13: Monday - Easterlies affecting the country. SLPGC 1 went online from a Forced Outage. MPGC 3 tripped with a load of 150MW from an Unplanned Outage. NGCP issued a Yellow Alert status on Luzon Grid. Additionally, Masinloc 1 went online from Forced Outage, then tripped with a load of 25MW and went online on the same day after a Forced Outage. Furthermore, MO initiated Market Intervention for Luzon, Visayas, & Mindanao Grid due to RTD generation failure while MPGC 3 went online at 1947H. May 14: Tuesday - Easterlies affecting the country. NGCP issued a Yellow Alert for Luzon Grid. May 15: Wednesday - The shear line affected the eastern section of Northern Luzon while Easterlies affected the rest of the country. QPPL went online from a Forced Outage. May 16: Thursday - The shear line affected Extreme Northern Luzon while Easterlies affected the rest of the country. Sta. Rita 40 changeover from gas to oil while Sta. Rita 20 completed the fuel changeover from gas to oil. Additionally, QPPL shut down from a Forced 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

May 16, 2024

Get a chance to win Php 500 to spark up your summer with Mabuhay Energy’s Summer Giveaway! Let's make this summer both electrifying and fun! How to Join: 1. LIKE the MECO Facebook page at https://buff.ly/3UDxGVw /and SHARE this post while tagging 3 of your friends. Be sure to set the privacy to Public for your entry to be valid. 2. COMMENT below and list down as many ENERGY or ELECTRICITY-related songs as you can (with the artist’s name) and include the hashtag #SummerWithMECO. The deadline for entries is May 30, 2024. 3. SCREENSHOT your Liked/Follow status on the MECO Facebook page and your shared post and attach it to your comment. The participant who lists the most number of songs related to ENERGY or ELECTRICITY will win Php 500! The announcement of the winners will be on May 31, 2024, via an FB post so be sure to stay tuned to our Facebook page! Only those who correctly followed all instructions will be eligible to win the prize. Let's make this summer sizzle with excitement! Join now! #SummerWithMECO 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! 🔌