Power News

June 13, 2023

Meralco prepares to procure 1,800 MW of baseload capacity

By Alena Mae S. Flores – June 12, 2023, 7:30 pm from manilastandard.net Power retailer Manila Electric Co. expects to conduct a competitive selection process for 1,800 megawatts of baseload capacity upon approval by the Energy Regulatory Commission. Meralco head […]
June 12, 2023

Quezon facility to start ammonia co-fired power generation within the year

By Alena Mae S. Flores – June 11, 2023, 6:35 pm from manilastandard.net Quezon Power (Philippines) Ltd. Co. will start co-firing its 460-megawatt coal-fired power plant in Mauban, Quezon with ammonia by the end of the year, the Department of […]
June 12, 2023

ERC set to release final auction rates next week

By Alena Mae S. Flores – June 11, 2023, 6:20 pm from manilastandard.net The Energy Regulatory Commission said it will release the final reserve price for the Green Energy Auction Program 2 next week. ERC chairperson Monalisa Dimalanta said they […]
June 10, 2023

ERC imposes cap on rates in emergency power deals

By Lenie Lectura – June 9, 2023 from Business Mirror The Energy Regulatory Commission (ERC) has capped the power rates in emergency power supply agreements (EPSAs) entered into by distribution utilities (DUs) and power generation companies. EPSAs are forged on […]
June 9, 2023

SPNEC to start building world’s largest solar farm this year

BY JAMES A. LOYOLA – Jun 8, 2023 04:19 PM from Manila Bulletin SP New Energy Corporation (SPNEC), the country’s emerging solar power giant, is planning to break ground this year its massive 3,000 megawatt Nueva Ecija solar expansion project. […]
June 9, 2023

DOE wants to modernize transmission, distribution lines

By Alena Mae S. Flores – June 8, 2023, 7:45 pm from manilastandard.net Energy Secretary Raphael Lotilla on Thursday vowed to upgrade and modernize the country’s transmission and distribution lines to support an efficient transition to cleaner energy. “The government […]
June 9, 2023

Repower extends book-building, postpones P1.15-b initial public offering to July

By Jenniffer B. Austria – June 7, 2023, 7:40 pm from manilastandard.net Repower Energy Development Corp. moved its planned P1.15 billion maiden share offering to July after it recently extended its book-building period. REDC said in the amended offer timetable […]
June 8, 2023

DOE wants ‘just’ transition to renewables

By Alena Mae S. Flores – June 6, 2023, 8:55 pm from manilastandard.net Energy Secretary Raphael Lotilla said Tuesday a green transition for the Philippines should neither add to public burden nor compromise economic growth. “Green transition for a developing […]
June 8, 2023

NGCP energizes Toril transformer in Mindanao

BY MYRNA M. VELASCO – Jun 7, 2023 04:00 PM from Manila Bulletin Transmission firm National Grid Corporation of the Philippines (NGCP) has energized 100-megavolt ampere (MVA) Toril power transformer in Mindanao, a component of the P10.56 billion substation upgrading […]
June 7, 2023

DOE wants ‘just’ transition to renewables

By Alena Mae S. Flores – June 6, 2023, 8:55 pm from manilastandard.net Energy Secretary Raphael Lotilla said Tuesday a green transition for the Philippines should neither add to public burden nor compromise economic growth. “Green transition for a developing […]