June 8, 2017

DOE’s Cusi adopts ‘carrot and stick’ tack to keep tab on power facilities

By Lenie Lectura – June 7, 2017 from Business Mirror The Department of Energy (DOE) released on Wednesday a circular that formalizes the conduct of performance assessment and audit for all power generation, transmission and distribution systems and facilities. DOE Circular  DC […]
June 7, 2017

Power retailers fear ‘default’ with unresolved RCOA issues

By Myrna M. Velasco – 6, 2017, 10:00 PM from Manila Bulletin On the back of protracted legal skirmish on the Retail Competition and Open Access (RCOA) policy, firms affiliated with the Retail Electricity Suppliers Association, Inc. (RESA) have sounded off […]
June 6, 2017

Alsons selling 50-percent stake in thermal-energy firm to GBPC

By Lenie Lectura – June 5, 2017 from Business Mirror ALSONS Consolidated Resources Inc. (ACR) of the Alcantara group is selling its 50-percent interest in Alsons Thermal Energy Corp. (Atec) to Global Business Power Corp. (GBPC). Atec is the holding company for ACR’s […]
June 6, 2017

PetroEnergy allots P6.7B for 4 new power projects

By Lenie Lectura – June 4, 2017 from Business Mirror PETROENERGY Resources Corp. (PERC) is setting aside P6.7 billion to finance four new power projects. The listed firm said in a report to the stock exchange it “plans to develop four new projects […]