Power News

May 16, 2023

CREIT’s income rose 2% in first quarter

By Alena Mae S. Flores – May 15, 2023, 7:33 pm from manilastandard.net Citicore Energy REIT Corp. said Monday net income went up 2 percent in the first three months to P304.96 million from P300.30 million in the same period […]
May 16, 2023

Think tank asks NGCP to modernize transmission highway

By Alena Mae S. Flores – May 15, 2023, 7:32 pm from manilastandard.net Energy think tank Institute for Climate and Sustainable Cities asked the National Grid Corp. of the Philippines to modernize the country’s transmission highway to prepare for the […]
May 15, 2023

Meralco expects 4-percent growth in power sales this year

By Alena Mae S. Flores – May 14, 2023, 7:20 pm from manilastandard.net Power retailer Manila Electric Co. is looking at a 4-percent growth in sales volume this year, driven by the commercial segment. Meralco investor relations head Randwil Dindo […]
May 15, 2023

NGCP proposes Grid Code amendments

Improved planning on the generation side recommended BY MYRNA M. VELASCO – May 14, 2023 07:13 PM from Manila Bulletin AT A GLANCE To prepare the power system of country on the influx of variable renewable energy (RE) capacities, improved […]
May 13, 2023

NGCP calls for better coordination to avoid repeat of power grid alerts

By Alena Mae S. Flores – May 12, 2023, 9:10 pm from manilastandard.net National Grid Corp. of the Philippines on Friday called for a holistic solution and better coordination within the energy supply chain to address the country’s power supply […]
May 13, 2023

IPO-bound Repower eyes P15-b capex to build 50 MW of projects

By Alena Mae S. Flores – May 11, 2023, 7:10 pm from manilastandard.net Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp., is looking at a capital expenditure budget of P15 billion to develop 50 megawatts of capacity […]
May 12, 2023

Group: ERC must set higher GEAR rate for floating solar

BY LENIE LECTURA – MAY 12, 2023 from Business Mirror The Philippine Solar and Storage Energy Alliance (PSSEA) is asking the Energy Regulatory Commission (ERC) to set a higher Green Energy Auction Reserve (GEAR) price for floating solar technology. “The […]
May 12, 2023

More US firms interested in LNG sector

By Alena Mae S. Flores – May 11, 2023, 6:25 pm from manilastandard.net More American investors are keen on participating in the Philippines’ emerging liquefied natural gas industry, Energy Secretary Raphael Lotilla said. “The Americans as you know are represented […]
May 12, 2023

Meralco rates up by P0.1761 per kWh in May billing

BY MYRNA M. VELASCO – May 11, 2023 03:00 PM from Manila Bulletin AT A GLANCE Higher charges from the spot market and power supply agreements (PSAs) propelled rate increase for Meralco in May billing. On top of the double […]
May 11, 2023

ACEN, AMI Renewables to develop Vietnam energy storage system

By Alena Mae S. Flores – May 10, 2023, 6:20 pm from manilastandard.net ACEN Corp. and AMI Renewables announced Wednesday the joint development of Vietnam’s first grid-connected battery energy storage system. AMI AC Renewables through subsidiary AMI Khanh Hoa signed […]