Power News

July 21, 2023

ERC mulls scrapping pass-on NGCP franchise tax

BY MYRNA M. VELASCO – Jul 20, 2023 03:44 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is establishing legal ground for the targeted revocation of a previous resolution allowing pass-through of the 3.0-percent franchise tax of transmission firm […]
July 21, 2023

Hydropower plants’ output to remain low at 50% in July

By Alena Mae S. Flores – July 20, 2023, 6:45 pm from manilastandard.net The Department of Energy said Thursday the power generation of hydropower plants would remain at 50 percent below their capacity in July despite the recent heavy rains. […]
July 21, 2023

ERC extends leniency for power distributors

By Alena Mae S. Flores – July 20, 2023, 6:15 pm from manilastandard.net The Energy Regulatory Commission issued a resolution granting leniency to distribution utilities that failed to meet the deadline for renewing their certificate of authority to operate and […]
July 20, 2023

Rainy season prompts dip in electricity spot prices

BY MYRNA M. VELASCO – Jul 19, 2023 04:25 PM from Manila Bulletin Cooler temperatures have been significantly driving down prices in the Wholesale Electricity Spot Market (WESM). WESM operator Independent Electricity Market Operator of the Philippines (IEMOP) primarily indicated […]
July 20, 2023

Iloilo consumers experiencing downtrend in electricity rates

BY MYRNA M. VELASCO – Jul 19, 2023 02:24 PM from Manila Bulletin Consumers in Iloilo City have been experiencing relief in their pockets as electricity rates billed by their distribution utility MORE Electric and Power Corporation have been on […]
July 19, 2023

NGCP calls for ‘fair’ analysis of its operations

By Alena Mae S. Flores – July 18, 2023, 9:10 pm from manilastandard.net Transmission operator National Grid Corp. of the Philippines called for a “fair and objective analysis and fact finding process” of its operations. NGCP said it was able […]
July 19, 2023

ERC to seek DOE guidance for geothermal, hydro auction

BY MYRNA M. VELASCO – Jul 18, 2023 04:21 PM from Manila Bulletin The Energy Regulatory Commission (ERC) will seek guidance from the Department of Energy (DOE) in setting the price of hydro and geothermal capacities under the green energy […]
July 19, 2023

ACEN, Yindjibarndi group to put up 3,000 MW of renewable energy projects in Western Australia

By Manila Standard Business – July 18, 2023, 11:00 am ACEN partners with Yindjibarndi group to put up 3,000 MW of renewable energy in Western Australia. ACEN Corp.  has partnered with the Yindjibarndi people to develop and operate large-scale renewable energy projects […]
July 18, 2023

ERC to spread court-ordered power rate hike over 3 years

By Alena Mae S. Flores – July 17, 2023, 8:30 pm from manilastandard.net The Energy Regulatory Commission said Monday it will spread the Supreme Court-ordered power rate increase amounting to P22.64 billion over a three year period. The Supreme Court […]
July 18, 2023

CA ruling won’t affect other energy projects—Lotilla

By Alena Mae S. Flores – July 17, 2023, 7:08 pm from manilastandard.net The Court of Appeals’ ruling in favor of the rate hike petition by San Miguel Corp. would not likely affect other power generation projects, Energy Secretary Raphael […]