Power News

October 18, 2024

Napocor seeks rate hike to avoid power cuts

By Gabriell Christel Galang – Oct 17, 2024 04:07 PM from Manila Bulletin State-run National Power Corporation (Napocor) is aiming to resolve its budget deficit by the first quarter of 2025 to ensure uninterrupted power supply in its remote coverage […]
October 17, 2024

304-MW wind project to rise in N. Samar

By Alena Mae S. Flores – October 16, 2024, 6:55 pm from manilastandard.net Vena Energy, one of Asia’s largest independent power producers, is building a 304-megawatt wind project in Northern Samar with potential investment of P19 billion. Vena said in […]
October 17, 2024

DOE endorses 19 projects for grid impact study

By Lenie Lectura – October 17, 2024 from Business Mirror The Department of Energy (DOE) has endorsed 19 renewable energy (RE) projects and battery energy storage system (BESS) to the National Grid Corporation of the Philippines (NGCP) for the conduct […]
October 17, 2024

IEMOP, PEMC propose 2025-2027 market fees

By Sheldeen Joy Talavera – October 14, 2024 | 9:12 pm from Business World Commencement of the commercial operations of WESM in Mindanao at the IEMOP control room THE Independent Electricity Market Operator of the Philippines (IEMOP) and the Philippine […]
October 16, 2024

Bill separating NGCP’s roles as system operator, transmission provider eyed

The lawmaker is finalizing his proposed bill which aims to amend Republic Act 9511; such amendment aims to address delays in grid infrastructure development and incentivize NGCP to improve construction efficiency By Lade Jean Kabagani – 16 Oct 2024, 00:20 […]
October 16, 2024

PNOC sets sights on industrial parks

By Lenie Lectura – October 16, 2024 from Business Mirror   The Philippine National Oil Co. (PNOC) has proposed a P750-million self-generating industrial park project in two off-grid islands. “We intend to pilot this concept in two off-grid islands—Tawi-Tawi and […]
October 16, 2024

Lopez-led EDC investing P25 billion to drill new geothermal wells

By Brix Lelis – October 16, 2024 | 12:00am from The Philippine Star According to a document submitted to the Department of Environment and Natural Resources (DENR), EDC will use the capital to drill new wells and add well pads […]
October 15, 2024

Meralco, Samsung C&T eye PH nuclear energy projects

By Ed Paolo Salting – October 15, 2024 from The Manila Times MANILA Electric Co. (Meralco) on Monday said that it had sealed a memorandum of understanding (MoU) with South Korea’s Samsung C&T Corp. Engineering & Construction (Samsung C&T) Group […]
October 15, 2024

PH, Saudi Arabia eye agreements on renewable energy, natural gas

By Alena Mae S. Flores – October 14, 2024, 8:30 pm from manilastandard.net The Philippines and Saudi Arabia are set to sign a memorandum of understanding (MOU) that provides a framework for cooperation on renewable energy, natural gas, and related […]
October 15, 2024

‘Issuance of green energy auction price caps a priority’

By Brix Lelis – October 14, 2024 | 12:00am from The Philippine Star “That is one of the priorities I think we need to do, because in everything, the goal is to make the shift to renewables, and this is […]