Power News

September 5, 2023

Meralco energizes smart substation in Taguig

By Alena Mae S. Flores – September 4, 2023, 8:15 pm from manilastandard.net Power retailer Manila Electric Co. said Monday it energized a new smart substation in Taguig City to ensure the provision of stable and reliable power for Ayala […]
September 5, 2023

Aboitiz unit’s share buyback gets nod

By Lenie Lectura – August 31, 2023 from Business Mirror Aboitiz Power Corp. has received the green light to implement a share buyback program. “The Board of Directors approved the company’s authority to buy back its own shares using internally […]
September 4, 2023

Meralco: Power sales up more than 6% in August

By Alena Mae S. Flores – September 3, 2023, 8:20 pm from manilastandard.net An executive of power retailer Manila Electric Co. said sales volume in August likely grew by “a little above six percent”. “August month sales growth is estimated […]
September 4, 2023

NGCP gets nod to implement 5 ancillary service contracts

By Alena Mae S. Flores – September 3, 2023, 8:15 pm from manilastandard.net Grid operator National Grid Corp. of the Philippines received provisional authority from the Energy Regulatory Commission to implement five ancillary service procurement agreements. The ERC approved NGCPs […]
September 2, 2023

ACEN expects to reach renewables target of 5,000 MW this year

By Alena Mae S. Flores – September 1, 2023, 9:20 pm from manilastandard.net ACEN Corp. said Friday it expects to reach its target of 5,000 megawatts of renewables capacity this year, or two years ahead of its original goal. “ACEN  […]
September 2, 2023

Energy infra enhancements, streamlined permits seen attracting more investment

By Justine Irish D. Tabile – August 31, 2023 | 8:43 pm from Business World JEROME CMG-UNSPLASH THE Philippine Chamber of Commerce and Industry (PCCI) said upgrades to the energy distribution infrastructure and the reduction of red tape in the […]
September 1, 2023

ERC grants bid of Meralco, PEDC to recover P884m in fuel costs from consumers

By Alena Mae S. Flores – August 31, 2023, 8:25 pm from manilastandard.net The Energy Regulatory Commission approved the petition of Manila Electric Co. and Panay Energy Development Corp. to recover from consumers P884.545 million due to high fuel costs. […]
September 1, 2023

ACEN forms new joint venture in Indonesia

By Alena Mae S. Flores – August 31, 2023, 7:45 pm from manilastandard.net ACEN Corp. said Thursday subsidiary ACEN Indonesia Investment Holdings Pte. Ltd. executed the investment and shareholders’ agreement with PT Trisuya Mitra Bersama for joint venture company PT […]
September 1, 2023

DOE wants to retire old coal power plants, shift to nuclear energy

By Alena Mae S. Flores – August 30, 2023, 7:55 pm from manilastandard.net The Department of Energy plans to retire and repurpose the country’s coal-fired power plants and develop nuclear power as part of its move towards clean energy. “There […]
August 31, 2023

DOE wants to retire old coal power plants, shift to nuclear energy

By Alena Mae S. Flores – August 30, 2023, 7:55 pm from manilastandard.net The Department of Energy plans to retire and repurpose the country’s coal-fired power plants and develop nuclear power as part of its move towards clean energy. “There […]