Power News

August 1, 2023

Meralco’s PacificLight plans to join bidding for 600-MW Singapore power project

By Alena Mae S. Flores – July 31, 2023, 7:55 pm from manilastandard.net PacificLight Power Pte. Ltd., an affiliate of Manila Electric Co., plans to join the bidding to supply Singapore’s power requirements of about 600 megawatts in the fourth […]
August 1, 2023

Meralco six-month core income up 47% to P19.2 billion

By Alena Mae S. Flores – July 31, 2023, 3:15 pm from manilastandard.net Power retailer Manila Electric Co. said Monday consolidated core net income in the first six months reached P19.2 billion, or 47 percent higher than P13.1 billion in […]
July 31, 2023

Grid operator vows to speed up evaluation of system impact studies for power plant connections

By Alena Mae S. Flores – July 28, 2023, 10:10 pm from manilastandard.net National Grid Corp. of the Philippines said Friday it is carrying out comprehensive actions to tackle the challenges posed by the lengthy queue of system impact studies […]
July 31, 2023

Nasugbu residents want Meralco as its distributor

By Alena Mae S. Flores – July 30, 2023, 9:10 pm from manilastandard.net Residents and establishments in Nasugbu, Batangas are asking for transfer of their electricity service to Manila Electric Co. because of alleged frequent power outages in the area. […]
July 31, 2023

DOE open to new energy storage policy

BY MYRNA M. VELASCO – Jul 30, 2023 10:03 PM from Manila Bulletin AT A GLANCE The DOE has been closely monitoring innovations in the energy storage development, says Energy Secretary Raphael P.M. Lotilla. The fusion of RE and energy […]
July 28, 2023

Aboitiz Power’s first-half profit soared to P17.8b

By Alena Mae S. Flores – July 27, 2023, 8:15 pm from manilastandard.net Aboitiz Power Corp. said Thursday net income soared 79 percent in the first half to P17.8 billion from P10 billion in the same period last year. Aboitiz […]
July 28, 2023

DOE wants grid impact study finished in 60 days

By Alena Mae S. Flores – July 27, 2023, 7:50 pm from manilastandard.net The Department of Energy underscored the need to implement the 60-day completion of the National Grid Corp. of the Philippines’ system impact study providers to fast track […]
July 28, 2023

DOE holding initial work on nuclear power development

By Alena Mae S. Flores – July 27, 2023, 7:30 pm from manilastandard.net The Department of Energy assured Thursday it is holding preparatory work on the entry of nuclear in the power generation mix. Energy Secretary Raphael Lotilla said Congress […]
July 27, 2023

DOE eyes addition of 8,000 MW of capacity by 2028

By Alena Mae S. Flores – July 26, 2023, 8:45 pm from manilastandard.net The Department of Energy is working to bring in 8,000 megawatts of new power generation capacity by 2028, including 43 percent from renewable projects. “The President stressed […]
July 27, 2023

Lower margins from Galoc oil field widen PXP Energy’s net loss

By Alena Mae S. Flores – July 26, 2023, 8:05 pm from manilastandard.net PXP Energy Corp. on Wednesday reported a higher net loss of P11.2 million in the first half of 2023, compared to P6.3 million in the same period […]