Update: The Bulletin removed the article! But here it is the the Google cache.
Myrna Velasco, the diligent energy-beat report for the Bulletin, had an article published today written mainly from STEAG provided information regarding their bidding out a 34% share in their plant. Good information. But it’s late!
Aboitiz has learned to route around [...]
Our Philippine Wholesale Spot Market Price Update for the week ending 8-05-07. Here’s the PEMC report pdf and here are our spreadsheets with the weekly and daily data.
Nick’s Comment: Prices are back in a downtrend, but we’re still running at a price level that is 29% higher than historical average.
Looks like Meralco is filing for P14 billion in adjustments, not the P9.5 we read about last month.
You can take the rate increase scenarios I calculated here and bump them all up about 50%.