August 13, 2024

Geothermal unit pulls down profit of First Gen in H1

By Lenie Lectura – August 13, 2024 from Business Mirror First Gen Corp. (First Gen) reported a 10-percent decline in net income for the first half of the year at $150 million from last year’s $167 million due to lower […]
August 13, 2024

Nuclear energy regulator seen functional by 2026

By Alena Mae S. Flores – August 11, 2024, 7:20 pm from manilastandard.net Stock photo of a nuclear power plant (Image by Wolfgang Stemme from Pixabay) The Philippines aims to have a fully operational, independent nuclear power regulatory commission by […]
August 12, 2024

New approach to cut PSA application backlog–ERC

By Lenie Lectura – August 12, 2024 from Business Mirror The Energy Regulatory Commission (ERC) is implementing a “one plant, one rate” approach in addressing backlogs for unresolved power supply agreement (PSAs) applications. From 2021 to 2023, PSA cases reached […]
August 12, 2024

MGen withdraws bid for 796-MW CBK hydropower plants in Laguna

By Alena Mae S. Flores – August 11, 2024, 7:00 pm from manilastandard.net Meralco PowerGen Corp. decided to withdraw its bid for the privatization of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Lumban, Majayjay and Kalayaan, Laguna. “On […]