March 23, 2023

First Gen Hydro to use part of Pantabangan watershed

BY LENIE LECTURA – MARCH 22, 2023 from Business Mirror FIRST Gen Hydro Power Corp. (FGHPC) will utilize a 36-hectare portion of the 84,000-hectare Pantabangan-Carranglan Watershed Forest Reserve for its 120-megawatt (MW) Aya pumped-storage hydroelectric power project. The subsidiary of […]
March 23, 2023

PSALM mulls 25-year concession for Agus-Pulangui plants

BY MYRNA M. VELASCO – Mar 22, 2023 12:01 AM from Manila Bulletin AT A GLANCE The Agus-Pulangui complex is the biggest hydropower facility in the country PSALM plans 25-year concession deal for its privatization The approval of Congress is […]
March 23, 2023

DOE assures grid integration of RE capacities

BY MYRNA M. VELASCO – Mar 22, 2023 11:37 AM from Manila Bulletin AT A GLANCE The DOE targets 11,610MW RE installations from 2024-2026 2,000MW of RE capacities under GEAP-1 will be on-line by 2024-2025 Grid integration is major concern […]
March 22, 2023

P10-P15/kWh hike in WESM secondary cap proposed by GenCos

BY MYRNA M. VELASCO – Mar 21, 2023 2:12 PM from Manila Bulletin A spike in the secondary price cap for the Wholesale Electricity Spot Market (WESM) to the tune of P10,000 to P15,000 per megawatt hour (MWh) – or […]