July 6, 2021

House bill seeks to allow gov’t to own power plants, halt hydro privatization

By Bianca Angelica D. Añago – July 5, 2021 | 8:20 pm from Business World PSALM.GOV.PH A BILL has been filed at the House of Representatives which would allow the government to operate and own power plants in the interest […]
July 6, 2021

PHL hydro capacity additions seen topping 1 gigawatt by 2030

By Angelica Y. Yang – July 4, 2021 | 6:55 pm from Business World HEDCOR.COM THE PHILIPPINES is projected to increase its hydropower capacity by 1.1 gigawatts (GW) by 2030, with pumped storage plants accounting for more than half of […]
July 5, 2021

‘Manufacturing resurgence to boost Meralco profits’

BY LENIE LECTURA – JULY 5, 2021 from Business Mirror The Manila Electric Co. (Meralco) expects “better” profits for 2021 compared to last year due to improving electricity sales. “I think our volumes will be higher this year and I […]
July 5, 2021

DOE admits higher future rate hikes

By Myrna M. Velasco – July 5, 2021, 7:00 AM from Manila Bulletin The Department of Energy (DOE) said the 20-day Malampaya preventive maintenance shutdown scheduled in October this year will spark higher rate hikes toward the close of the […]