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                    [ArticleID] => 374783
                    [Title] => ERC to bare WESM probe results by Jan
                    [Summary] => 



The Energy Regulatory Commission (ERC) will release the results of its investigation on the alleged anomaly at the wholesale electricity spot market (WESM) by end-January 2007.


In a press conference, ERC chairman Rodolfo Albano Jr. said an investigation team composed of ERC officers has been formed to undertake its own probe on apparent price manipulation of the state-run Power Sector Assets and Liabilities Management Corp. (PSALM).


                    [DatePublished] => 2006-12-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 371155
                    [Title] => Power plants ng Napocor giit isapribado
                    [Summary] => 

Iginiit kahapon ni Sen. Sergio Osmeña III na isapribado na ang 70 percent ng mga power plants ng National Power Corporation (Napocor) upang magkaroon ng tunay na kompetisyon sa power sector at hindi ito mamanipula ng Power Sector Asset, Liabilities Management (PSALM) ang presyo ng kuryente.


                    [DatePublished] => 2006-11-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Bansa
                    [SectionUrl] => bansa
                    [URL] => 
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                    [ArticleID] => 369826
                    [Title] => PEMC fails to decide on alleged price fixing of PSALM at WESM
                    [Summary] => 



The board of the Philippine Electricity Market Corp. (PEMC) has failed to come up with a decision on whether to slap a penalty or not against the Power Sector Assets and Liabilities Management Corp. (PSALM) for its alleged price fixing at the wholesale electricity spot market (WESM).


PEMC president Lasse Holopainen told reporters that though the board had already reviewed the results of the investigation and heard the recommendation submitted by Market Surveillance Committee (MSC), they would try to formally release the findings of PEMC probe by Wednesday (Nov. 22).


                    [DatePublished] => 2006-11-20 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [ArticleID] => 363227
                    [Title] => NG starts review of PSALM’s WESM trading activities
                    [Summary] => 



The National Government (NG) will conduct a review of Power Sector Assets and Liabilities Management Corp. (PSALM) trading structures and processes in the Wholesale Electricity Spot Market (WESM).


Representatives from the Department of Finance (DOF), the Department of Trade and Industry (DTI), the National Economic and Development Authority (NEDA) and the Department of Energy (DOE) will form a committee after complaints were brought forward regarding alleged price manipulation at the trading of electricity at the WESM.


                    [DatePublished] => 2006-10-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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MARKET SURVEILLANCE COMMITTEE

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                    [ArticleID] => 374783
                    [Title] => ERC to bare WESM probe results by Jan
                    [Summary] => 



The Energy Regulatory Commission (ERC) will release the results of its investigation on the alleged anomaly at the wholesale electricity spot market (WESM) by end-January 2007.


In a press conference, ERC chairman Rodolfo Albano Jr. said an investigation team composed of ERC officers has been formed to undertake its own probe on apparent price manipulation of the state-run Power Sector Assets and Liabilities Management Corp. (PSALM).


                    [DatePublished] => 2006-12-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
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                    [ArticleID] => 371155
                    [Title] => Power plants ng Napocor giit isapribado
                    [Summary] => 

Iginiit kahapon ni Sen. Sergio Osmeña III na isapribado na ang 70 percent ng mga power plants ng National Power Corporation (Napocor) upang magkaroon ng tunay na kompetisyon sa power sector at hindi ito mamanipula ng Power Sector Asset, Liabilities Management (PSALM) ang presyo ng kuryente.


                    [DatePublished] => 2006-11-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Bansa
                    [SectionUrl] => bansa
                    [URL] => 
                )

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                    [ArticleID] => 369826
                    [Title] => PEMC fails to decide on alleged price fixing of PSALM at WESM
                    [Summary] => 



The board of the Philippine Electricity Market Corp. (PEMC) has failed to come up with a decision on whether to slap a penalty or not against the Power Sector Assets and Liabilities Management Corp. (PSALM) for its alleged price fixing at the wholesale electricity spot market (WESM).


PEMC president Lasse Holopainen told reporters that though the board had already reviewed the results of the investigation and heard the recommendation submitted by Market Surveillance Committee (MSC), they would try to formally release the findings of PEMC probe by Wednesday (Nov. 22).


                    [DatePublished] => 2006-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
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                    [ArticleID] => 363227
                    [Title] => NG starts review of PSALM’s WESM trading activities
                    [Summary] => 



The National Government (NG) will conduct a review of Power Sector Assets and Liabilities Management Corp. (PSALM) trading structures and processes in the Wholesale Electricity Spot Market (WESM).


Representatives from the Department of Finance (DOF), the Department of Trade and Industry (DTI), the National Economic and Development Authority (NEDA) and the Department of Energy (DOE) will form a committee after complaints were brought forward regarding alleged price manipulation at the trading of electricity at the WESM.


                    [DatePublished] => 2006-10-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

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abtest

ERC to bare WESM probe results by Jan

By Donnabelle L. Gatdula | December 13, 2006 - 12:00am

The Energy Regulatory Commission (ERC) will release the results of its investigation on the alleged anomaly at the wholesale electricity spot market (WESM) by end-January 2007. In a press conference, ERC...

Business

Power plants ng Napocor giit isapribado

November 25, 2006 - 12:00am

Iginiit kahapon ni Sen. Sergio Osmeña III na isapribado na ang 70 percent ng mga power plants ng National Power Corporation (Napocor) upang magkaroon ng tunay na kompetisyon sa power sector at hindi ito...

Bansa

PEMC fails to decide on alleged price fixing of PSALM at WESM

By Donnabelle L. Gatdula | November 20, 2006 - 12:00am

The board of the Philippine Electricity Market Corp. (PEMC) has failed to come up with a decision on whether to slap a penalty or not against the Power Sector Assets and Liabilities Management Corp. (PSALM)...

Business

NG starts review of PSALM’s WESM trading activities

By Ted P. Torres | October 16, 2006 - 12:00am

The National Government (NG) will conduct a review of Power Sector Assets and Liabilities Management Corp. (PSALM) trading structures and processes in the Wholesale Electricity Spot Market (WESM). Representatives...

Business