April 1, 2022

‘Luzon power peak demand breaches pre-Covid level’

BY LENIE LECTURA – MARCH 31, 2022 from Business Mirror Luzon’s peak demand for power hit 11,617 megawatts (MW) last March 23, surpassing the pre-pandemic level of 11,307MW in June 2019 and last year’s peak at 11,601MW in June, the […]
April 1, 2022

AC Energy inks subscription deal with unit

BY LENIE LECTURA – MARCH 31, 2022 from Business Mirror AC Energy Corp. (ACEN) will shell out $140.20 million for the share subscription it inked with its subsidiary, ACEN Renewables International Pte. Ltd. ACEN said Thursday it had signed a […]
March 31, 2022

ERC probes simultaneous power plant shutdowns

By Myrna M. Velasco – March 30, 2022, 2:12 PM from Manila Bulletin Eagle-eyed Energy Regulatory Commission (ERC) has stepped up investigation on the simultaneous unplanned shutdowns of habitually-delinquent power plants that plunged Luzon grid anew into “yellow alert” condition […]
March 31, 2022

IFC, Aboitiz to explore renewable energy viability

By Chino S. Leyco – March 30, 2022, 1:32 PM from Manila Bulletin The International Finance Corp. (IFC) and AboitizPower Corp. have signed an agreement to help assess the viability of renewable energy as a source of base load power […]