Power News

June 30, 2023

Solar-powered cold storage facility unveiled in Benguet

By BusinessMirror – June 29, 2023 The municipality of Buguias in Benguet province recently inaugurated a solar-powered cold storage facility, which was built with assistance from the Japanese government. Tachikawa Jumpei, First Secretary and Agriculture Attaché of the Embassy of […]
June 30, 2023

Aboitiz units gain ISO certification

By Lenie Lectura – June 29, 2023 from Business Mirror Four subsidiaries of Aboitiz Power Corp. (AboitizPower) have been granted ISO 55001:2014 certifications for Asset Management. Davao Light and Power Co., Visayan Electric Co., Cotabato Light and Power Co., and […]
June 29, 2023

PSALM sets CBK hydro privatization next year

By Alena Mae S. Flores – June 28, 2023, 6:55 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. has moved the planned privatization of the  797.92 megawatts Caliraya-Botocan-Kalayaan hydropower plants to 2024. “PSALM finalizing our plans for […]
June 29, 2023

Reserve power market commercial launch expected by September

By Ashley Erika O. Jose – June 27, 2023 | 8:04 pm from Business World THE Department of Energy (DoE) said on Tuesday that it expects to launch commercial operations of the spot market for power reserves by September.  The […]
June 29, 2023

Emergency power procurement pricing allowed to vary from approved tariff

By Ashley Erika O. Jose – June 26, 2023 | 8:25 pm from Business World PHILIPPINE STAR/MICHAEL VARCAS THE pricing of emergency power supply agreements (EPSAs) will be allowed to vary from tariff levels approved by power regulators, subject to […]
June 28, 2023

Meralco announces management changes to improve services

By Alena Mae S. Flores – June 27, 2023, 6:50 pm from manilastandard.net Power retailer Manila Electric Co. on Tuesday announced management changes effective July 1 to streamline operations and improve services to consumers. Meralco said in a statement its […]
June 28, 2023

SMIC unit investing P3b annually to boost geothermal steam output

By Alena Mae S. Flores – June 27, 2023, 6:35 pm from manilastandard.net SM Investments Corp., through its wholly owned Philippine Geothermal Production Company Inc. on Tuesday said it is investing P3 billion annually to increase its geothermal steam production […]
June 28, 2023

DOE grants moratorium on ENEX service contract

By Alena Mae S. Flores – June 27, 2023, 6:20 pm from manilastandard.net The Department of Energy has granted the request of ENEX Energy Corp. subsidiary, Palawan55 Exploration and Production Corp. for force majeure relief due to the operational and […]
June 27, 2023

Repower Energy commissions 5.8-MW hydropower plant in Quezon

By Alena Mae S. Flores – June 26, 2023, 7:40 pm from manilastandard.net Repower Energy Development Corp. said Monday it successfully commissioned its 5.8-megawatt Tibag run-of-river hydropower plant in Mauban, Quezon. “We are pleased to mark the successful commissioning of […]
June 27, 2023

NEA asks ERC to intervene in supply over-contracting by electric coops

By Alena Mae S. Flores – June 26, 2023, 6:10 pm from manilastandard.net State-run National Electrification Administration asked the Energy Regulatory Commission to intervene in cases of over-contracting of supply by electric cooperatives. NEA administrator Antonio Mariano Almeda requested ERC […]