Power News

June 16, 2023

Vivant plans to invest P37b in renewable energy and water sectors

By Alena Mae S. Flores – June 15, 2023, 8:40 pm from manilastandard.net Publicly-listed Vivant Corp. is looking at investing P37 billion in renewable energy and water sectors. Vivant is investing P21 billion in renewable energy projects, making up more […]
June 16, 2023

Spot market prices decline in June

By Alena Mae S. Flores – June 15, 2023, 8:25 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines on Thursday reported a P1.73-per kilowatt-hour decline in spot market prices, driven by demand reduction and supply increase. IEMOP, […]
June 15, 2023

DOE postpones GEAP 2, awaits final reserve price

By Alena Mae S. Flores – June 14, 2023, 7:20 pm from manilastandard.net The Department of Energy postponed the Green Energy Auction Program 2 scheduled on June 19, pending the release of the final reserve price by the Energy Regulatory […]
June 15, 2023

NGCP expects stable power supply this year

By Alena Mae S. Flores – June 14, 2023, 6:30 pm from manilastandard.net Transmission operator National Grid Corp. of the Philippines said Wednesday it expects power supply to remain stable for the rest of the year, barring any unforeseen technical […]
June 15, 2023

13 power firms get clearance for grid impact study

By Alena Mae S. Flores – June 14, 2023, 6:20 pm from manilastandard.net The Department of Energy granted clearance to 13 power generation companies to undertake system impact study in May. Four of the 13 projects were wind projects, including […]
June 14, 2023

DOE orders creation of team to assess, audit performance of NGCP

By Alena Mae S. Flores – June 13, 2023, 7:05 pm from manilastandard.net The Department of Energy issued an order creating the performance assessment and audit team for the operations of the National Grid Corp. of the Philippines. Department Order […]
June 14, 2023

DOE: Energy-efficiency investments hit P6.8b

By Alena Mae S. Flores – June 13, 2023, 7:00 pm from manilastandard.net The Department of Energy said Tuesday its Energy Utilization Management Bureau recorded about P6.8 billion worth of energy efficiency investments from 2021 to 2022. EE investments include […]
June 13, 2023

NGCP seeks ERC approval for ancillary service deals

By Lenie Lectura – June 12, 2023 from Business Mirror The National Grid Corporation of the Philippines (NGCP) is asking the Energy Regulatory Commission (ERC) to provisionally approve the ancillary service procurement agreements (ASPAs) it forged with 6 power producers. […]
June 13, 2023

MORE Electric customers in Iloilo enjoyed lower rates for sixth straight month

By Alena Mae S. Flores – June 12, 2023, 8:05 pm from manilastandard.net Consumers of MORE Electric and Power Corp. in Iloilo City enjoyed lower rates for the sixth straight month this year. The company said the residential rate for […]
June 13, 2023

CREC inaugurates central warehouse

By Alena Mae S. Flores – June 12, 2023, 8:00 pm from manilastandard.net Renewable energy player Citicore Renewable Energy Corp. said it inaugurated its central warehouse in Dasmarinas, Cavite on June 9, 2023. The 13,000-square-meter facility is strategically located at […]