July 2016 News Files
JULY 2016 NEWS FILES
ERC warns GenCos as WESM price surges
ERC slaps penalties on Aleco, 3 other electric cooperatives
Luzon on red-alert status as power supply drops
ERC approves Meralco’s P8.575-billion 2017 capex
Meralco seeks partners for solar-plant project
Manta Energy secures RES license from ERC
Malaya plant running out of fuel; Luzon grid teetering into brownouts
Meralco, DMCI to build new coal plant
NGCP places Luzon grid on ‘yellow alert’ for second consecutive day on Wednesday
Meralco gets P10-b BDO Unibank loan
NGCP places Luzon power grid on ‘yellow alert’ on Tuesday
DOE eyeing to cut universal charge
Cusi vows to lower power rates
Meralco’s core income falls 11% to P10.4 billion in first half
Basic to complete geothermal drilling
Meralco’s net profit falls 8.3%
Meralco’s Q2 net income down to P5.271 billion
Japan’s Tepco proposes to build 1-megawatt plant in Catanduanes
ERC approval of ACA effectively brings down power rates nationwide–PSALM
DOE sets interim circular for energy mix policy
ERC to review closely PSALM’s P28-B stranded debts recovery
DOE allows 4 power firms to conduct GIS
ERC will review PSALM bid to pass on P27.7-B NPC debt to consumers
SMC subsidiary claims payments on ilijan plant reaches P160 billion
Sabotage causes line tripping that isolated plants from Mindanao grid
Power firms hit new coal directive
Cusi still mulling over options on solar-power projects without COE
DOE wants energy mix policy, but direction remains a ‘missing link’
Ilocos Norte aims for top spot in renewable-energy production
DOE set to audit all power-related firms
SMC power unit denies it has ‘unpaid’ obligations to PSALM
NREB proposes new FIT rates for wind, solar power Lower at P7.66 per kilowatt-hour
Luzon needs additional 5,000 MW by 2030 — DoE
‘Long, uphill climb before PHL could rid of coal dependence for power generation’
Cusi: PEMC should pursue case vs Aboitiz
San Miguel dues to PSALM on Ilijan asset swells to P12.3B
Luzon grid on yellow alert anew
NGCP places Luzon grid on seven-hour yellow alert
Coal-fired power plants definitely not out
Cusi seeks review of renewable objectives
Aboitiz issues default notices to solar partner SunEdison
SMC’s 2 coal plants get initial clearance
ERC okays Aseagas Lian biomass plant connection to Luzon grid
Psalm: Disposition of remaining NPC assets done in 3 years
SMC mulling over selling 49% share in Meralco unit
PEMC seeks SC review of rule junking P235-million fine vs AboitizPower unit
Meralco fast-tracks electrification of ‘marginalized areas’
San Miguel offers to sell Limay plant
P4.5-B power project faces cancellation of DENR permit
SMC offering to divest contracted Ilijan supply capacity to Meralco
Tarlac solar plant secures FIT rates
Meralco eyes SMC’s Ilijan power contract
ERC names Petro Solar a FiT-eligible power plant
Norwegian bank shuns lending to ‘heavy coal investors’
Meralco expands prepaid power service to Bulacan consumers
FDC’s Misamis Oriental coal plant now in sync with Mindanao grid
It just got harder to build coal-fired power plants in PH
DENR favors RE push over coal plants
SMC power unit lists P15-B bonds; new plants to boost profitability
Norway’s state fund omits Aboitiz Power
Napocor finishes transmission line project in Palawan after 7 years
ERC sets rules on WESM-traded capacity
Energy firms may be the ideal stocks
DOE, industry wary of illegal oil peddling in Mindanao
AES also interested in natural gas power
ERC to pursue audit of NGCP, PEMC
Citicore hopeful DOE to review compliance with FiT rules
Meralco powers Banawe, QC, substation
Power entities vow to help DOE provide electricity to marginalized communities
ERC asks Supreme Court to resolve open access competition
PSALM seeks ERC approval to recover NPC fuel expenses for Visayas clients
Meralco announces higher electricity rates in July
AboitizPower buys parent’s stake in Aseagas Corp.
Plant outages push Meralco rates higher this month
Aboitiz consolidates power unit
Meralco customers to see higher electricity bills in July
ERC asks distributors to assume spot market trading losses
PSALM seeks to recover P27.7b from consumers
ERC opts to keep old formula in computation of gen charges
ERC tells gencos, DUs: Comply with Epira public offering clause
Coal-plant owners unfazed by Lopez
DOE chief hopes to lower power rates under his term
DOE to review FIT perks for solar
DOE to keep coal in PH energy mix
New energy chief vows to reduce cost of power
SPI exec: Jakarta coal ban unlikely to affect Mindanao’s power needs
Energy chief vows to make power rates more affordable
Energy chief asked to review qualified solar projects
Govt turns over 32-MW barge in Davao to SPC Power for P219m
Gokongwei joins power generation
SPC takes over operation of Power Barge 34
Meralco ended H1 with 11% sales increase
Gokongwei Group expands power assets by buying Ty’s, Meralco’s energy business
Basic Energy wants to pursue 3 RE projects
IslaSol files appeal to D.O.E. to reconsider solar-power projects to second round of FiT
