Power News

September 15, 2023

IEMOP reports lower prices at spot market

By Alena Mae S. Flores – September 14, 2023, 9:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines which runs the Wholesale Electricity Spot Market (WESM) said Tuesday electricity prices in Luzon declined in the first two […]
September 14, 2023

Meralco plans to spend P50b to roll out smart grid, automate distribution until 2026

By Alena Mae S. Flores – September 13, 2023, 8:50 pm from manilastandard.net Power retailer Manila Electric Co. asked the Energy Regulatory Commission to approve a capital expenditure budget of P40 billion to P50 billion to roll out its smart […]
September 14, 2023

DOE plans to bid out microgrid systems

By Alena Mae S. Flores – September 13, 2023, 8:20 pm from manilastandard.net The Department of Energy plans to bid out the microgrid systems for private sector participation within the year as part of the government’s initiatives and policies to […]
September 13, 2023

Meralco asks more customers to join net metering program

By Alena Mae S. Flores – September 12, 2023, 9:25 pm from manilastandard.net Manila Electric Co. (Meralco)  on Tuesday encouraged more customers to participate in the net metering (NP) program which allows them to install a renewable energy facility within […]
September 13, 2023

ERC set to release guidelines on power supply deals

By Alena Mae S. Flores – September 12, 2023, 5:27 pm from manilastandard.net The Energy Regulatory Commission (ERC) assured power stakeholders it will release the final guidelines on the competitive selection process (CSP) for power supply agreements by end of […]
September 12, 2023

Meralco, US nuclear firm start initial study on use of micro modular reactors

By Alena Mae S. Flores – September 11, 2023, 7:55 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) initiated a pre-feasibility study with US nuclear firm Ultra Safe Nuclear Corp. for micro modular reactors, a top executive said Monday. […]
September 12, 2023

DOE, NGCP preparing green grid plan

By Alena Mae S. Flores – September 11, 2023, 7:10 pm from manilastandard.net The Department of Energy (DOE) said Monday that together with the National Grid Corp. of the Philippines (NGCP), it is completing the smart and green grid plan […]
September 11, 2023

ACEN plans to triple clean power investments in Australia in 3 years

By Alena Mae S. Flores – September 10, 2023, 7:10 pm from manilastandard.net ACEN Corp. plans to increase its renewable energy investments in Australia to Au$6 billion in three years for an additional 3 gigawatts (GW) of capacity. Australian Prime […]
September 11, 2023

NEA lends P846.7m to electric cooperatives

By Alena Mae S. Flores – September 10, 2023, 6:55 pm from manilastandard.net State-run National Electrification Administration (NEA) said over the weekend it extended P846.71 million worth of loans to 22 electric cooperatives as of end-August 2023. Data from NEA’s […]
September 11, 2023

Napocor asks investors to join program promoting hybrid technologies

By Alena Mae S. Flores – September 10, 2023, 6:55 pm from manilastandard.net State-owned National Power Corp. is seeking investors in its accelerated hybridization project for the Small Power Utilities Group. Napocor met last week with 80 potential players in […]