Power News

July 18, 2023

ERC eyes imprisonment for power industry violators

By Alena Mae S. Flores – July 17, 2023, 6:45 pm from manilastandard.net The Energy Regulatory Commission is pushing for increased penalties and possible imprisonment for rule violators as part of amendments to the Electric Power Industry Reform Act of […]
July 18, 2023

DOE to set bidding rules for non-FIT RE plants

BY MYRNA M. VELASCO – Jul 17, 2023 05:02 PM from Manila Bulletin The Department of Energy (DOE) is targeting to issue bidding guidelines for the inclusion of renewable energy (RE) projects previously dislodged from the feed-in-tariff (FIT) incentive system […]
July 17, 2023

ERC-DOJ task force mulled to prosecute erring power industry players

BY MYRNA M. VELASCO – Jul 16, 2023 10:50 PM from Manila Bulletin A joint task force of the Energy Regulatory Commission (ERC) and Department of Justice (DOJ) is being pushed, purposively to prosecute erring players in the restructured power […]
July 17, 2023

ERC studies lifting suspension on feed-in tariff collection

By Alena Mae S. Flores – July 14, 2023, 8:20 pm from manilastandard.net The Energy Regulatory Commission is studying the lifting of suspension on the collection of the feed-in tariff allowance amid the softening prices at the Wholesale Electricity Spot […]
July 17, 2023

ERC to set new prices for unsubscribed RE capacity

BY MYRNA M. VELASCO – Jul 16, 2023 10:49 PM from Manila Bulletin AT A GLANCE The widely-perceived low GEAR prices had been partly blamed for the less-than-desired outcome of the RE capacity auction, as committed deliveries just hovered at […]
July 15, 2023

NEA grants P560m worth of loans to electric cooperatives

By Alena Mae S. Flores – July 14, 2023, 8:15 pm from manilastandard.net The National Electrification Administration said it granted P560.66 million worth of loans to 18 electric cooperatives as of end-June 2023. Data gathered from the NEA’s accounting management […]
July 15, 2023

APC Group awarded geothermal contract

By Alena Mae S. Flores – July 14, 2023, 8:00 pm from manilastandard.net The Department of Energy awarded a new geothermal service contract to APC Group Inc. through subsidiary Aragorn Power and  Energy Corp. APC said in a disclosure to […]
July 14, 2023

PEMC slaps P400,000 fine vs. First Gas Power

By Alena Mae S. Flores – July 13, 2023, 7:55 pm from manilastandard.net The Philippine Electricity Market Corp., the governing body of the Wholesale Electricity Spot Market, imposed a P400,000 fine on First Gen Corp.’s subsidiary First Gas Power Corp. […]
July 14, 2023

ACEN unit sells 24% stake in Dutch power company

By Alena Mae S. Flores – July 13, 2023, 7:30 pm from manilastandard.net ACEN Corp. said Thursday a subsidiary completed the sale of a 24.24-percent stake in ACEHI Netherlands B.V. to Star Energy Oil & Gas Pte Ltd. ACEN said […]
July 14, 2023

SMC laments higher power rates

Due to ERC’s ‘unfair’ decision BY MYRNA M. VELASCO – Jul 13, 2023 05:45 PM from Manila Bulletin San Miguel Global Power Holdings (SMGP), the electricity generating subsidiary of conglomerate San Miguel Corporation (SMC), has bewailed the higher electricity rates […]