June 18, 2021

VEC allots ₧5B for capex

BY LENIE LECTURA – JUNE 18, 2021 from Business Mirror Vivant Energy Corp. (VEC) is earmarking P5 billion for capital expenditures to increase its power portfolio to 500 megawatts (MW) by 2023. Vivant Energy Chief Operating Officer Emil Andre Garcia, […]
June 18, 2021

DOE finally admits power capacity shortage

By Myrna M. Velasco – June 17, 2021, 4:37 PM from Manila Bulletin The Department of Energy (DOE) finally admitted that Luzon grid already lacks capacity to meet peak electricity demand, especially with the recurring dilemma of forced outages of […]
June 18, 2021

ERC approves Isabela power distributor’s P65.4-M capex plan

By Angelica Y. Yang – June 15, 2021 | 9:20 pm from Business World THE Energy Regulatory Commission (ERC) has approved a P65.4-million capital expenditure (capex) application filed by Isabela I Electric Cooperative, Inc. (Iselco I) which will go towards […]
June 17, 2021

NGCP to hold public auction for ancillary services—exec

BY LENIE LECTURA – JUNE 17, 2021 from Business Mirror THE National Grid Corporation of the Philippines (NGCP) has committed to conduct a competitive bidding process for its ancillary services (AS) requirement to help meet the objectives of the government […]