Updates

March 27, 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 and Visayas 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 prices and demand experienced a slight drop this past week, which can be attributed to the recent surge of the amihan last week, bringing colder weather to the country resulting in lower prices. Moreover, the easterly winds continue to affect the country bringing humid weather, while the northeast monsoon affects the Luzon region. Meanwhile, PAGASA announced the start of the warm and dry season and the end of the northeast monsoon or amihan season on Friday. The average electricity demand in the Luzon-Visayas grid went up to as high as 11,551 MW while average electricity prices went to as low as Php 3.56 per kwH. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: March 15: Friday - Shearline affecting the eastern section of Southern Luzon while Northeast Monsoon affecting Northern and Central Luzon. March 16: Saturday - Northeast Monsoon affecting Northern Luzon while Easterlies affecting the rest of the country. SCPC 4 (Limay Power Inc) went Online from a Planned Outage (March 9). March 17: Sunday - Northeast Monsoon affecting Northern and Central Luzon while Easterlies affecting the country. Ilijan GT2-1 and Ilijan ST2 went online from an Unplanned Outage. March 18: Monday - Easterlies affecting the country. SLPGC 1 with 150MW load tripped from an Unplanned Outage. March 19: Tuesday - Easterlies affecting the country. SLPGC 1 went online from an Unplanned Outage while San Roque Unit 3 with a 70MW load tripped twice from an Unplanned Outage. March 20: Wednesday - Northeast Monsoon affecting Northern and Central Luzon while Easterlies affecting the rest of the country. March 21: Thursday - Northeast Monsoon affecting Luzon while Easterlies affecting Visayas and Mindanao. Stay abreast of the happenings in the Philippine energy market by following us on social media! https://buff.ly/49gRfc3 https://buff.ly/3OpNgSu Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth

March 25, 2024

IT'S OFFICIAL, MINDANAO! You can choose electricity savings with the Retail Competition and Open Access (RCOA) and Green Energy Option Program (GEOP) starting March 26, 2024! With the start of RCOA and GEOP in Mindanao, the Department of Energy is promoting consumer choice in the Philippine Power Industry and we want you to begin participating in the exciting world of an open-access energy market! Check your power bills for a NOTICE OF CONTESTABILITY and get started on your electricity savings journey with Mabuhay Energy Corporation! To learn more about the benefits of RCOA and how to participate in it, message us on social media or visit our website. 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! 🔌

March 23, 2024

Let's give our Earth a moment to breathe! We, at Mabuhay Energy and Excell Energy and PowerGen Corp., are inviting everyone to join the one-hour lights-out celebration at 8:30 pm tonight to give our home planet a much-needed break. So, switch off those lights, light a candle, and let's embrace the beauty of a planet at rest. #EarthHour #TurnOffTheLights 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! 🔌

March 22, 2024

There’s a lot of talk about conserving energy, but what does it actually mean for everyday Filipinos? At Mabuhay Energy, we compiled the best definitions of what conserving energy is all about! When you conserve energy, it leads to lower electricity prices in the market! To understand this bold claim, you can imagine our market operator (IEMOP) is balancing the scale of the electricity supply available in the grid on one side, and the near-limitless demand of the electricity end-users in the country on the other side. Since our electricity supply is limited to the capacity of the plants that are operating, and the electricity demand is a highly volatile variable in our pricing equation, the price of electricity results to being one of the most volatile prices we pay for a commodity that we use every day! When we all do our part to conserve energy and lower the demand for electricity in our power grid, we have the power to lower our electricity prices and generate more power savings on our electricity bills! 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! 🔌

March 22, 2024

Happy World Water Day! Make the switch to renewable energy today with our end-to-end solar power solutions subsidiary, Excell Energy! Visit www.excell.energy or contact solutions@excell.energy to get started with your transition to renewable energy 🌱

March 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 and Visayas 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 stable this past week while average market prices dropped. Moreover, the easterly winds continue to affect the country, bringing humid weather while the northeast monsoon affects the Luzon region. The average electricity demand in the Luzon-Visayas grid went up to as high as 11,740 MW while average electricity prices went up as low as Php 3.61 per kwH. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: March 8: Friday Weather: Northeast Monsoon affecting Northern Luzon while Easterlies affecting the rest of the country. March 9: Saturday Weather: Northeast Monsoon affecting Northern and Central Luzon while Easterlies affecting the rest of the country. SBPL Generating Unit tripped with 180MW load from an Unplanned Outage. MPGC Unit 3 was online from an On going commissioning. Meanwhile, Ilijan GT1-1 came online from an Unplanned Outage. March 10: Sunday Weather: Northeast Monsoon affecting Northern and Central Luzon while Easterlies affecting the rest of the country. SBPL is online from Unplanned outage while Ilijan GT2-2 shutdown. No initial information from the plant regarding their unit shutdown for an Unplanned Outage. Meanwhile, GNPD unit 2 shutdown to perform necessary repairs for its turbine bearing no.5 high vibration issue from an Unplanned Outage. GNPD unit 2 online at 0714H then tripped with 133MW load at 0756H from its Unplanned Outage. Additionally, GNPD 2 online, tripped again with 149MW load, then went online once more. MPGC unit 2 shutdown for an On Commissioning Test from a Planned Outage. March 11: Monday Weather: Northeast Monsoon affecting Northern and Central Luzon while Easterlies affecting the rest of the country. MPGC Unit 3 tripped with 150MW load while the unit is under commissioning test from an Unplanned Outage. March 12: Tuesday Weather: Northeast Monsoon affecting Extreme Northern Luzon while Easterlies affecting the rest of the country. March 13: Wednesday Weather: Shearline affecting the eastern section of Central and Southern Luzon while Northeast Monsoon affecting Northern Luzon. QPPL went online from a Planned Outage. Ilijan GT2-2 and MPGC 3 are online from an Unplanned Outage. Meanwhile, Ilijan B GT2-2, ST2, GT2-1 shutdown from their Unplanned Outage. March 14: Thursday Weather: Shearline affecting the eastern section of Central and Southern Luzon while Northeast Monsoon affecting 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

March 18, 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: 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐨𝐩𝐬 𝐨𝐟 𝐑𝐂𝐎𝐀, 𝐆𝐄𝐎𝐏 𝐬𝐭𝐚𝐫𝐭 𝐢𝐧 𝐌𝐢𝐧𝐝𝐚𝐧𝐚𝐨 𝐌𝐚𝐫𝐜𝐡 𝟐𝟔–𝐃𝐎𝐄 The commercial operations of the Retail Competition and Open Access (RCOA) and Green Energy Option Program (GEOP) in Mindanao is set on March 26, the Department of Energy (DOE) said. The DOE circular acknowledged the readiness of the Mindanao grid to undertake the two policies, especially because the Wholesale Electricity Spot Market (WESM) in Mindanao has been in effect for over a year now. READ MORE: https://businessmirror.com.ph/2024/03/14/commercial-ops-of-rcoa-geop-start-in-mindanao-march-26-doe/ 𝐆𝐚𝐭𝐜𝐡𝐚𝐥𝐢𝐚𝐧 𝐚𝐬𝐤𝐬 𝐄𝐂𝐬 𝐭𝐨 𝐥𝐨𝐰𝐞𝐫 𝐩𝐨𝐰𝐞𝐫 𝐜𝐨𝐬𝐭𝐬, 𝐩𝐮𝐬𝐡𝐞𝐬 𝐑𝐄 𝐮𝐬𝐞 Sen. Sherwin Gatchalian urged Electric Cooperatives (ECs) to find ways to lower power costs for the benefit of consumers as he pushed for the development of renewable energy (RE) in Small Power Utilities Group (SPUG) or far-flung areas. Gatchalian cited the case of Romblon Electric Cooperative (ROMELCO) which successfully generated savings for its consumers by adopting a hybrid system for providing electricity. READ MORE: https://manilastandard.net/business/314424117/gatchalian-asks-ecs-to-lower-power-costs-pushes-re-use.html Image sources: MinDA Media Office, 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! 🔌

March 13, 2024

Learn more about the Philippine Energy Industry with our educational series: Energy Eskuwela! Ever wondered how electricity travels from the power plants to your outlets? ⚡ The journey of your electricity starts at generation, where the power plants convert generated energy into electricity which needs to pass through a step-up transformer to increase its voltage before it is transferred to t the transmission lines of the power grid. The transmission lines, our power grid's high voltage super highway, carry it across vast distances to reach the substations near populated regions or industrial centers. It is in these regions where the distribution lines take over to deliver the electricity locally! Mabuhay Energy (MECO), as a retail electricity supplier, works hand-in-hand with transmission companies and distribution utilities by ensuring timely and responsible settlement of infrastructure pass-thru and rental fees on behalf of our customers and partners, supporting the vital work of transmission and distribution companies of maintaining and upgrading the power grid. Follow us on social media to dive deeper into the world of energy! Sources: NGCP website, Power 101 by DOE 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! 🔌

March 12, 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 and Visayas 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 prices and demand increased this past week following shutdowns of coal plants, with natural gas as the marginal clearing plant resulting in higher prices. Moreover, the prevailing easterly weather system brought warmer temperatures affecting the country. The average electricity demand in the Luzon-Visayas grid went up to as high as 11,876 MW while average electricity prices went up as high as Php 19.53 per kwH. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: Mar 1: Friday - Northeast Monsoon affected Northern Luzon while the Easterlies affected the rest of the country. Ilijan BLock B with 600MW load tripped from a Forced/Unplanned Outage. No Automatic Load Dropping (ALD). Masinloc Unit 1 with 279MW load tripped from a Forced/Unplanned Outage. Meanwhile, Ilijan GT2 - 2 and Ilijan ST2 came online from an Unplanned Outage. Mar 2: Saturday - Northeast Monsoon affected Northern Luzon while the Easterlies affected the rest of the country. Ilijan GT2-1 and Masinloc Unit 1 are online from Forced/Unplanned Outages. LPI (SCPC) Unit 4 shut down from a Planned Outage. Naga-Ormoc 350kV HVDC (Luzon -Visayas) de-blocked at 1718H with power going to Luzon (Planned Outage) Mar 3: Monday - Northeast Monsoon affected Northern Luzon while the Easterlies affected the rest of the country. Ilijan GT2-1, GT2 - 2, and ST2 shut down from a Forced/Unplanned Outage. Sta. Rita Module 40 online from a Forced/Unplanned Outage. SLPGC Unit 1 with 150MW load tripped from a Forced/Unplanned Outage. Mar 4: Monday - Northeast Monsoon affected Northern Luzon while Easterlies affected the rest of the country. Pagbilao Unit 1, Ilijan GT2-1, GT2-2, ST2 are online from Forced/Unplanned Outage. SLPGC Unit 1 online then tripped from 40MW while on load stabilization, then went online once more from its Forced/Unplanned Outage. Mar 5: Tuesday - Easterlies affecting the whole country. Ilijan A1-2, A ST1 online from their Forced/Unplanned Outage. GNPD Unit 2 synchronized from a Planned Outage. Mar 6: Wednesday - Easterlies affecting the country. GMEC Unit 1 was online from its Forced/Unplanned Outage. Mar 7: Thursday - Easterlies affecting the country. Calaca Unit 2 shutdown from a Forced/Planned 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

March 11, 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: ‘𝐅𝐢𝐥𝐢𝐩𝐢𝐧𝐨 𝐠𝐚𝐬 𝐟𝐢𝐫𝐬𝐭:’ 𝐍𝐚𝐭𝐮𝐫𝐚𝐥 𝐠𝐚𝐬 𝐛𝐢𝐥𝐥 𝐦𝐨𝐯𝐞𝐬 𝐢𝐧 𝐒𝐞𝐧𝐚𝐭𝐞 Senate Bill No. 2247 or “An act promoting the development of the Philippine downstream natural gas industry” was tackled by a technical working group (TWG) of the Senate Committee on energy joint with the Ways and Means and Finance panels. The measure was filed in May last year by Senator Raffy Tulfo, chairman of the committee on energy. READ MORE: https://business.inquirer.net/448542/filipino-gas-first-natural-gas-bill-moves-in-senate-2#ixzz8U9NXbVzC 𝐃𝐎𝐄 𝐛𝐚𝐜𝐤𝐬 𝐞𝐦𝐞𝐫𝐠𝐞𝐧𝐜𝐲 𝐭𝐚𝐤𝐞𝐨𝐯𝐞𝐫 𝐨𝐟 𝐨𝐢𝐥 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 The Department of Energy is ready to take over oil firms in case of a national emergency after the Supreme Court (SC) upheld its emergency takeover power. In a statement, the DOE said it “respects and supports” the ruling of the high tribunal upholding Section 14(e) of the Republic Act 8479 or the Downstream Oil Industry Deregulation Act. READ MORE: https://www.philstar.com/business/2024/03/07/2338575/doe-backs-emergency-takeover-oil-industry Image sources: Philippine Daily Inquirer, 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! 🔌

March 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 and Visayas 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 prices and demand experienced a slight drop this past week. The easterly winds continue to affect the country, bringing humid weather while the northeast monsoon mostly affects the northern region of Luzon. The average electricity demand in the Luzon-Visayas grid went up to as high as 11,482 MW while average electricity prices went up as high as Php 11.09 per kwH. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: Feb 23: Friday - Easterlies affecting the country. Ilijan ST1 and Ilijan GT1-1 shut down from a planned outage. Feb 24 - 25: Saturday to Sunday - Northeast Monsoon affected Northern Luzon while Easterlies affected the rest of the country. Feb 26: Monday - Northeast Monsoon affected Northern Luzon while Easterlies affected the rest of the country. Pagbilao Unit 1 was online from its unplanned outage last Feb 22. Kalayaan Unit 4 with 161MW load tripped as pump from a forced/unplanned outage. Feb 27 - 28: Tuesday to Wednesday - Northeast Monsoon affected the country. Feb 29: Thursday - Northeast Monsoon affected the Luzon region. Pagbilao Unit 1 experienced an emergency shutdown (forced/unplanned outage) at 0104 due to a boiler tube leak. 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

March 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: Please see our regulatory news spotlight post for the week. Spotlight: 𝐃𝐎𝐄 𝐛𝐚𝐜𝐤𝐬 𝐜𝐨𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐫𝐞𝐟𝐨𝐫𝐦 The Department of Energy (DOE) said on Thursday that it supports the lifting of some of the economic restrictions in the 1987 Constitution. The DOE said this is aligned with the government's decision to allow full foreign ownership in the renewable energy (RE) sector, which would result in the creation of more job opportunities. READ MORE: https://www.manilatimes.net/2024/03/01/business/top-business/doe-backs-constitutional-reform/1934810 𝟓𝟎 𝐟𝐨𝐫𝐞𝐢𝐠𝐧 𝐚𝐧𝐝 𝐥𝐨𝐜𝐚𝐥 𝐟𝐢𝐫𝐦𝐬 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞 𝐞𝐧𝐞𝐫𝐠𝐲 𝐫𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 The Department of Energy (DOE) said last Feb. 26, around 50 local and international oil and gas firms expressed interest in participating in the bidding for coal, petroleum, and native hydrogen exploration and development in the country including the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). READ MORE: https://manilastandard.net/business/314420232/50-foreign-local-firms-interested-in-philippine-energy-resources.html 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 to begin your energy savings journey! 🔌

March 4, 2024

Mabuhay Energy is a proud partner of the UP Career Assistance Program! We are calling on all young and upcoming talents to join us at the Bahay ng Alumni for the Career Fair 2024 this coming March 4 - 9, 2024. Get ready to leap into the dynamic world of energy! This is your chance to gain hands-on experience, contribute to a sustainable energy future, and be a part of our innovative journey. Don't miss out on this incredible opportunity to kickstart your future with us! It's not just a job fair; it's your gateway to success. See you there! For more information, please visit https://www.upcap.ph/ or check out the Facebook page of the UP Career Assistance Program. RSVP NOW: http://tinyurl.com/CareerFair2024RSVP #UPCAP #CareerFair2024 #UnfoldingYourTriumphantStory 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! 🔌

March 2, 2024

We're growing rapidly and we are looking for a Python Developer / Software Engineer to join our team of energy professionals. Be a part of one of the fastest-growing retail electricity suppliers in the Philippines! 📈⚡️ If you're passionate about sustainability and want to work with a team of experts, we want to hear from you! Send your CV to careers@mabuhayenergy.com or message us on our social media page. We're excited to hear from you! #hiring #hiringnow #careers #IT #cv #joinourteam #programmer

March 1, 2024

The Bataan Nuclear Power Plant (BNPP) located in Morong, Bataan is the first and only nuclear power plant in the Philippines. Constructed in 1984 and equipped with a Westinghouse light water reactor, the BNPP is designed to generate 621 megawatts of electricity. Due to numerous controversies, safety concerns about nuclear power, and allegations of political corruption, the BNPP never operated commercially and remains idle to this day. It was estimated to cost the Philippines US$500 million to construct the BNPP however its total cost ended up ballooning to over US$1.9 billion. Source: World Nuclear Association https://world-nuclear.org/information-library/country-profiles/countries-o-s/philippines.aspx Photo courtesy of Rappler PH. 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! 🔌

February 27, 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 and Visayas 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 prices and demand increased significantly throughout the past week. This surge can be linked to the ongoing outages, the impact of the prevailing easterly winds, and the weakening of "amihan”. These conditions can still be expected up to the first two weeks of March. Additionally, according to PAG-ASA, the strong El Niño is expected to end this month, but its adverse effects may continue to be felt until May. The average electricity demand in the Luzon-Visayas grid went up to as high as 11,536 MW while average electricity prices went up as high as Php 12.11 per kwH. Here's the day-to-day breakdown: Feb 16: Friday - Northeast monsoon affected Northern Luzon while the Easterly winds affected the rest of the country. GNPD Unit 2 shut down from a planned outage. Ilijan GT1-2 shut down from a forced/unplanned outage while Iliana GT2-1 tripped and then came back online from a forced/unplanned outage. San Lorenzo Module 60 came online from a planned outage. Feb 17: Saturday - Northeast Monsoon affected Northern Luzon while Easterlies affected the rest of the country. GMEC Unit 1 tripped from a forced/unplanned outage. Feb 18: Sunday - Easterly winds affecting the country. GMEC Unit 1 came back online from a forced/unplanned outage Feb 19: Monday - Easterly winds affecting the country. Feb 20: Tuesday - Easterly winds affecting the country. Northeast Monsoon affecting the rest of Luzon. GMEC Unit 1 tripped from a forced/unplanned outage. Feb 21: Wednesday - Easterly winds affecting the country. San Gabriel shut down from a planned outage. Feb 22: Thursday - Easterly winds affecting the country. Pagbilao Unit 1 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

February 26, 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, PCC stepping up ‘police power’ versus market collusion in power industry In advancing that goal, the Energy Regulatory Commission (ERC) and the Philippine Competition Commission (PCC) have decided on the formation of a task force “to monitor and investigate allegations of anti-competitive practices in the power sector.” Malampaya field at ‘zero’ production rate since February 19 The Department of Energy (DOE) reported low Malampaya draw rates due to 'maintenance' at the facility's shallow water platform. If zero or extremely reduced output at Malampaya will recur in this year’s El Nino-saddled dry months, consumers are already being cautioned on even heftier hikes in their electric bills. READ MORE: https://mb.com.ph/2024/2/23/erc-pcc-stepping-up-police-power-versus-market-collusion-in-power-industry https://mb.com.ph/2024/2/22/malampaya-field-at-zero-production-rate-since-february-19 Image sources: Power Philippines, Manila Bulletin 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! 🔌

February 23, 2024

We're growing rapidly and we are looking for a Power Revenue Operations Specialist to join our team of energy professionals. Be a part of one of the fastest-growing retail electricity suppliers in the Philippines! 📈⚡️ If you're passionate about sustainability and want to work with a team of experts, we want to hear from you! Send your CV to careers@mabuhayenergy.com or message us on our social media page. We're excited to hear from you! #hiring #hiringnow #careers #finance #accounting #cv #joinourteam 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! 🔌

February 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 and Visayas 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 electricity demand and price increased towards the end of the past week. The average electricity demand in the Luzon-Visayas grid went up to as high as 11,227 MW while average electricity prices went down to as high as Php 5.15 per kwH. The northeast monsoon continued to affect the Luzon Region. Here's the day-to-day breakdown: Feb 9: Friday - Northeast monsoon affecting Extreme Northern Luzon. Sta. Rita Module 10 shut down (On-going LNG Commissioning). MPGC Unit 3 successfully conducted a 100% Load Rejection Test (150MW). MPGC Unit 3 online after the LRT. (On-going Commissioning Test) Feb 10: Saturday - Northeast Monsoon affecting Northern Luzon. Easterlies affected the rest of the country. Sta. Rita Module 10 online from Planned Outage. Sta. Rita Module 20 shut down. (On-going LNG Commissioning) Feb 11: Sunday - Northeast Monsoon affecting Luzon. Sta. Rita Module 20 online from a Planned Outage. Sta. Rita Module 20 and 40 shut down due to ongoing LNG Commissioning. San Roque Unit 1 tripped with a load of 95MW. Feb 12: Monday - Northeast Monsoon affecting Luzon. SCPC Unit 1 online from tripping (Unplanned Outage). Sta. Rita Module 20 was online (On Commissioning). Sta. Rita Module 40 online (On Commissioning). Kalayaan 4 shut down from an Unplanned Outage. Sta. Rita Module 30 shut down (On-going LNG Commissioning). Ilijan ST2 was online from a Planned Outage. Feb 13: Tuesday - Northeast Monsoon affecting the rest of Luzon. QPPL shut down from a Planned Outage. Sta. Rita Module 30 was online (On-commissioning). San Lorenzo 50 online from a Planned Outage last Feb 2. San Lorenzo 50 shutdown then online. Sta. Rita Module 30 tripped from an Unplanned Outage. San Gabriel shut down from a Planned Outage. Feb 14: Wednesday - Northeast Monsoon affecting Northern and Central Luzon. San Gabriel synchronized (Undergoing LNG Commissioning). San Gabriel tripped from an Unplanned Outage (LNG Commissioning). San Gabriel synchronized from an Unplanned Outage (LNG Commissioning). Sta. Rita Module 30 online from an Unplanned Outage (LNG Commissioning). San Lorenzo 50 shut down from an Unplanned Outage (LNG Commissioning) Feb 15: Thursday - Northeast Monsoon affecting Northern Luzon region. MPGC Unit 3 successfully conducted 25% (38MW) LRT (On-going commissioning Test). San Lorenzo Module 50 was online from an Unplanned Outage (LNG Commissioning). San Lorenzo Module 50 tripped from an Unplanned Outage (LNG Commissioning). GMEC Unit 1 and San Lorenzo Module 50 synchronized from an Unplanned Outage. San Lorenzo Module 60 shutdown as part of its LNG Commissioning. Ilijan GT2-1 was online from a Planned 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

February 19, 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 clearance required prior to pass-on of LNG costs The Energy Regulatory Commission (ERC) has clearly stipulated that clearance shall be secured first before Manila Electric Company (Meralco) can pass on costs relating to procured supply from plants running on liquefied natural gas (LNG) – and that is primarily applied to its contracted capacities from the gas-fed generating assets of First Gen Corporation. ERC took reference on the P0.5738 per kilowatt hour (kWh) rate hike that Meralco had reflected in its February billing – attributing the upward adjustment mainly to its sourcing of more expensive supply from contracted power producers due to shift of their fuel use to LNG. DOE to auction geothermal, hydro capacity totaling 4.4 GW The Department of Energy (DOE) will conduct the third round of the Green Energy Auction (GEA-3) in August, covering geothermal, impounding hydro, run-of-river hydro and pumped-storage hydro projects, with a total capacity of 4.399MW. READ MORE: https://mb.com.ph/2024/2/13/erc-clearance-required-prior-to-pass-on-of-lng-costs-in-meralco-rates https://manilastandard.net/business/314416053/doe-to-auction-geothermal-hydro-capacity-totaling-4-4-gw.html Image sources: Power Philippines, 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! 🔌

February 17, 2024

We're growing rapidly and we are looking for a Receptionist and Admin Support and Procure-to-Pay (P2P) Supervisor to join our team of energy professionals. Be a part of one of the fastest-growing retail electricity suppliers in the Philippines! 📈⚡️ If you're passionate about sustainability and want to work with a team of experts, we want to hear from you! Send your CV to careers@mabuhayenergy.com or message us on our social media page. We're excited to hear from you! #hiring #hiringnow #careers #finance #accounting #cv #joinourteam 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! 🔌

February 16, 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 to begin your energy savings journey! 🔌

February 14, 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 and Visayas 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 electricity demand and price increased slightly this past week. The average electricity demand in the Luzon-Visayas grid went up to as high as 11,075 MW while average electricity prices went down to as high as Php 4.24 per kwH. The northeast monsoon continued to affect the region and later in the past week, the Easterly winds brought clear and humid weather to the country’s eastern region. Here's the day-to-day breakdown: Feb 2: Friday - Northeast monsoon affecting Luzon region. San Lorenzo Module 50 shut down from a planned outage. Feb 3: Saturday - Northeast monsoon affecting the entire country. GMEC Unit 2 is online from an unplanned outage. Market Intervention was issued at 0925H interval due to Power Flow Divergent and was lifted at 0930H interval. Feb 4: Sunday - Northeast monsoon affecting the entire country. Sta. Rita Module 40 shut down and then came back online from a planned outage. Kalayaan Unit 3 tripped with a 134 MW load from an unplanned outage. Feb 5 Monday - Northeast monsoon affecting the entire country. Bacman Unit 3 is online from an unplanned outage while SCPC Unit 1 tripped with a 99MW load from an unplanned outage. Feb 6 - 8: Tuesday to Thursday - Easterly winds brought clear and humid weather to the eastern region of the country. 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

February 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: DOE orders creation of nuclear energy body The Department of Energy (DOE) will soon create a committee dedicated to achieving a 2,400-megawatt nuclear power capacity for the country by 2032. The soon-to-be-formed committee is part of DOE’s Phase 2, following the completion of Phase 1 which involves the initial plans and various studies on establishing a power plant program accomplished by DOE-Nuclear Energy Power Implementing Organization. New power plants drive down wholesale electricity prices The entry of more power plants had a softening effect on prices in the Wholesale Electricity Spot Market (WESM) last year. The influx of more RE sources significantly impacted the increase in average supply for 2023, reaching 15,645 MW, marking a 17% increase from the 13,375 MW average supply in 2022. READ MORE: https://www.philstar.com/business/2024/02/08/2331669/doe-orders-creation-nuclear-energy-body https://bilyonaryo.com/2024/02/02/new-power-plants-drive-down-wholesale-electricity-prices/power/ Image sources: Philippine Nuclear Research Institute, AES 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 to begin your energy savings journey! 🔌