Power News

August 23, 2023

PSALM to pursue P25-B receivables from ‘delinquent’ DUs

BY MYRNA M. VELASCO – Aug 22, 2023 03:40 PM from Manila Bulletin AT A GLANCE To reinforce its cash hoard, the state-owned firm is banking on the collection of P152.4 billion worth of deferred payments from divested power facilities, […]
August 22, 2023

ERC asks congressional body to lift IPO requirement on renewable firms

By Alena Mae S. Flores – August 21, 2023, 8:00 pm from manilastandard.net The Energy Regulatory Commission asked the Joint Congressional Energy Commission to suspend the public offering requirement for generation firms owning and operating renewable energy facilities and those […]
August 22, 2023

Lower spot market prices observed in past 2 weeks

By Alena Mae S. Flores – August 21, 2023, 7:40 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines said Monday it observed lower spot market prices in the first two weeks of August on lower demand and […]
August 22, 2023

Gov’t urged to prevent ‘double counting’ in carbon trading

BY MYRNA M. VELASCO – Aug 21, 2023 04:47 PM from Manila Bulletin AT A GLANCE Trading of RE certificates or carbon credits will soon thrive as added income-generating opportunity for RE and other clean energy investors in the Philippines. […]
August 21, 2023

Gatchalian proposes ERC charter

By Alena Mae S. Flores – August 20, 2023, 8:40 pm from manilastandard.net Senator Sherwin Gatchalian said Saturday the Energy Regulatory Commission should have its own charter to address industry issues such as delays of transmission projects. Gatchalian said several […]
August 21, 2023

Senator pushes for more renewable projects

By Alena Mae S. Flores – August 20, 2023, 8:30 pm from manilastandard.net Senator Sherwin Gatchalian is pushing for the development of more renewable energy projects to help bring down power costs and ensure energy sufficiency. He cited data from […]
August 20, 2023

Davao City expects to get rid of overhead wires, cables by 2029

By Alena Mae S. Flores – August 18, 2023, 9:45 pm from manilastandard.net DAVAO CITY—Davao Light & Power Company Inc. said Friday it working to complete the city’s underground cabling project to get rid of messy overhead wires by 2029. […]
August 20, 2023

PNOC will redevelop port for OSW developers–exec

By Lenie Lectura – August 18, 2023 from Business Mirror State-owned Philippine National Oil Co. (PNOC) intends to transform its 19.2-hectare property in Mabini, Batangas into an integration port in preparation for offshore wind (OSW) power development in nearby service […]
August 20, 2023

SunAsia seeks incentives for $1.7-b floating solar project

By Othel V. Campos August 18, 2023, 9:50 pm from manilastandard.net SunAsia Energy Inc. applied for tax incentives with the Board of Investments on its planned $1.7-billion floating solar power project in Laguna Lake. The BOI said that once approved, […]
August 18, 2023

DOE plans grid integration of 94GW capacity

BY MYRNA M. VELASCO – Aug 17, 2023 05:01 PM from Manila Bulletin AT A GLANCE Until the time that NGCP and the government can firmly address grid integration drawback, along with other major concerns of investors, it is expected […]