October 1, 2014

Business Mirror: Emergency powers and other options

By Edgardo Angara, September 20, 2014  Business Mirror BETWEEN 1987 and 1992, the Philippines suffered a severe power crisis, experiencing brownouts that average 8 to 10 hours a day. Faced with a 3,000-megawatt (MW) shortfall, the nation endured nearly 500 […]
September 29, 2014

Manila Bulletin: PSALM liabilities still ‘monstrous’ at P759B

by Myrna Velasco, September 28, 2014 Manila Bulletin The veritable monster liabilities of Power Sector Assets and Liabilities Management Corporation (PSALM) remained at a staggering P759 billion. PSALM president Emmanuel R. Ledesma Jr. has disclosed to Congress last week that as […]
September 27, 2014

Philippine Star: Meralco in talks with power producers

By Iris C. Gonzales (The Philippine Star) | Updated September 27, 2014 – 12:00am MANILA, Philippines – Manila Electric Co. (Meralco) is negotiating with power producers to contract as much capacity as it can for the summer of 2015, officials said. […]
September 27, 2014

Manila Bulletin: Editorial: How much will it cost us?

September 27, 2014 The choice before us is clear. We will have a power shortage by summer next year, estimated at 300 megawatts, which means brownouts for residents and periodic shutdowns for factories. Or, if Congress grants President Aquino’s call […]