Power News

August 10, 2023

Meralco announces lower power rate in August 2023

By Alena Mae S. Flores – August 9, 2023, 2:59 pm from manilastandard.net Manila Electric Co. announced Wednesday a rate reduction of P0.2908 per kilowatt-hour in August 2023. This brought down the overall rate for a typical household to P10.8991 […]
August 9, 2023

ACEN signs deal to lease 800 hectares of Laguna Lake for floating solar site

By Alena Mae S. Flores – August 8, 2023, 9:05 pm from manilastandard.net ACEN Corp., through its subsidiaries, on Tuesday signed a renewable energy contract area utilization agreement with the Laguna Lake Development Authority to lease 800 hectares for the […]
August 9, 2023

ENEX Energy expect to achieve positive position by end-2024

By Alena Mae S. Flores – August 8, 2023, 8:15 pm from manilastandard.net Listed ENEX Energy Corp. said Tuesday it will undertake measures to bring its stockholders’ equity from negative to positive by end-2024. ENEX said it intended to cause […]
August 8, 2023

Semirara Mining posted 26% decline in six-month net earnings to P19.2b

By Alena Mae S. Flores – August 7, 2023, 8:10 pm from manilastandard.net Semirara Mining and Power Corp. said Monday earnings dropped 26 percent in the first six months to P19.2 billion from P25.8 billion in the same period last […]
August 8, 2023

MORE opens registration for lifeline power subsidy

By Alena Mae S. Flores August 7, 2023, 7:55 pm from manilastandard.net More Electric and Power Corp. opened on-site registration in barangays to process applications of customers qualified for lifeline rate subsidy under the Electric Power Industry Reform Act to […]
August 7, 2023

TransCo seeks to collect P0.08 per kWh for renewable firms

By Alena Mae S. Flores – August 6, 2023, 7:50 pm from manilastandard.net State-run National Transmission Corp. is applying for a feed-in tariff allowance of P0.0867 per kilowatt-hour in 2024 to pay the renewable energy plants under the feed-in tariff […]
August 7, 2023

Meralco expects 5% power sales growth in second half of 2023

By Alena Mae S. Flores – August 6, 2023, 7:25 pm from manilastandard.net Power retailer Manila Electric Co. expects power sales volume to grow 5 percent in the second half and 4 percent in the whole of 2023. “We’re projecting […]
August 7, 2023

DOE endorses 9 power projects for grid impact study

By Alena Mae S. Flores – August 6, 2023, 5:25 pm from manilastandard.net The Department of Energy issued clearances to nine power projects with combined capacity of 3,606 megawatts to undertake system impact studies in July 2023. It endorsed the […]
August 5, 2023

ERC, NGCP discuss technical gaps

BY MYRNA M. VELASCO – Aug 4, 2023 04:24 PM from Manila Bulletin AT A GLANCE   The Energy Regulatory Commission (ERC) has forthrightly raised to transmission firm National Grid Corporation of the Philippines (NGCP) the need to immediately address […]
August 5, 2023

Meralco expects lower generation charges in August

By Alena Mae S. Flores – August 4, 2023, 8:55 pm from manilastandard.net Customers of Manila Electric Co. may enjoy lower generation charges in August on reduced demand, an executive said Friday. “While we have yet to receive the final […]