The proposal would initially target about 700 large electricity users as Taiwan seeks to ease pressure on its grid from booming AI, semiconductor and data centre demand.
Senate President Sherwin Gatchalian is urging the National Grid Corporation of the Philippines (NGCP) to expedite the modernization of the power grid to ease rising electricity bills. Gatchalian said that with Meralco’s latest announcement that it will increase electricity bills this month, it is even more important to expedite the modernization of the grid to reduce inefficient operations and lower electricity costs in the long run. The Senate …