Power News

May 2, 2023

Exec: ACEN will back only renewable energy projects

BY LENIE LECTURA – MAY 2, 2023 from Business Mirror ACEN Corp., which is transitioning its generation portfolio to 100 percent renewable energy (RE) by 2025, declared that it will not provide funding for the planned gas-fired power plant of […]
May 1, 2023

ACEN bares $8-b investment plan to achieve 8,000 MW of renewable projects in PH until 2030

By Alena Mae S. Flores – April 30, 2023, 7:15 pm from manilastandard.net ACEN Corp., the power generation arm of Ayala Corp., is building 8,000 megawatts of renewable energy projects in the Philippines until 2030 with investments of about $8 […]
May 1, 2023

ERC issues preliminary rates for RE auction

By Alena Mae S. Flores – April 30, 2023, 7:05 pm from manilastandar.net The Energy Regulatory Commission released over the weekend the preliminary Green Energy Auction Reserve prices for the second round of the Green Energy Auction Program that will […]
May 1, 2023

EVOSS to encourage more renewable projects, says Gatchalian

By Alena Mae S. Flores – April 30, 2023, 6:35 pm from manilastandard.net Senator Sherwin Gatchalian said over the weekend Executive Order No. 21 will further enhance the implementation of the Energy Virtual One-Stop Shop system especially for offshore wind […]
April 29, 2023

Sual plant to undergo maintenance shutdown

By Alena Mae S. Flores – April 28, 2023, 8:50 pm from manilastandard.net The Department of Energy said Friday Unit 1 of the 647-megawatt Sual coal-fired power plant will go on maintenance shutdown from April 29 to May 1, but […]
April 29, 2023

SMC to reopen Ilijan plant by May 26

BY JAMES A. LOYOLA – Apr 28, 2023 03:53 PM from Manila Bulletin San Miguel Corporation, through its power arm SMC Global Power Holdings Corp. (SMGP), is reintegrating its 1,200-MW Ilijan Natural Gas Plant to the national grid by May […]
April 28, 2023

PXP Energy net loss widens on higher costs in January-March

BY LENIE LECTURA – APRIL 28, 2023 from Business Mirror PXP Energy Corp. reported a net loss of P5.3 million in the first quarter, significantly higher than the P2.8 million recorded in the same period a year ago. Core net […]
April 28, 2023

First LNG cargo arrives at AG&P import terminal in Batangas Bay

By Alena Mae S. Flores – April 27, 2023, 7:35 pm from manilastandard.net Atlantic Gulf & Pacific’s Philippines LNG on Thursday welcomed to its import terminal the country’s first liquefied natural gas cargo carrier. The 137,500-cubic-meter ISH floating storage unit […]
April 28, 2023

Group renews call to use nuclear energy

By Alena Mae S. Flores – April 27, 2023, 7:25 pm from manilastandard.net Nuclear energy advocates renewed their call for using nuclear facilities for power generation to bring down the high power rates. “If we are truly concerned about the […]
April 27, 2023

Meralco seeks to recover P7.98b from customers over 12 months

By Alena Mae S. Flores – April 26, 2023, 7:45 pm from manilastandard.net Power retailer Manila Electric Co. is seeking to recover P7.98 billion from customers over a 12-month period which would translate into an increase in power rate of […]