April 7, 2018

Weak peso could swell PSALM’s $5.3 B debts, to trigger rate hikes

By Myrna M. Velasco – April 6, 2018, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) needs to face up to further financial hemorrhage with more than 50-percent of its $5.274-billion outstanding debts denominated […]
April 7, 2018

34 energy projects seeking fast-track okay under EO30

By Myrna M. Velasco – April 6, 2018, 10:00 PM from Manila Bulletin At least 34 multi-billion dollars worth of energy projects are now lodged with the Department of Energy (DOE), all seeking fast-track approvals within the ambit of Executive […]
April 7, 2018

Meralco: April power rates up P0.2250/kWh

By Alena Mae S. Flores – April 6, 2018 at 08:10 PM from manilastandard.net Manila Electric Co. announced Friday an increase of P0.2250 per kilowatt-hour in overall electricity rates for April, mainly due to the P0.1773 per kWh rise in […]
April 6, 2018

More time sought for biomass projects

By Alena Mae S. Flores – April 05, 2018 at 07:05 pm from manilastandard.net The Energy Department asked the Energy Regulatory Commission to extend the installation target for biomass and run-of-river hydro projects by another two years. ERC spokesman Floresinda […]