Power News

March 28, 2023

Earth Hour leads to power savings of 62.69MW

By Alena Mae S. Flores – March 27, 2023, 8:35 pm from manilastandard.net The Department of Energy on Monday reported total savings of 62.69 megawatts for the entire country during the one-hour switch-off to celebrate Earth Hour on Saturday. It […]
March 27, 2023

NGCP to DOE: Transmission projects devt to be fast-tracked

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror THE National Grid Corporation of the Philippines (NGCP) has accepted the challenge of the Department of Energy (DOE) to fast-track the development of transmission projects in the country. In a […]
March 27, 2023

Citicore’s pioneering AgroSolar program melds solar energy generation, farming

BY BUSINESSMIRROR – MARCH 27, 2023 A farmer waters a 4,000 linear meter plot of pechay crops which are ready for harvest located at CITICORE Solar Plant, Dalayap, Tarlac City. Through the concept of “Agrovoltaic” technology, the same land area […]
March 27, 2023

IEMOP: Time to review, but not junk, the SPC on traded power

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror THE Independent Electricity Market Operator of the Philippines (IEMOP) agrees that the secondary price cap (SPC), a mechanism that puts a ceiling on traded power whenever prices shoot up in […]
March 25, 2023

First Gen’s reported 5% increase in recurring income to P265m in 2022

By Alena Mae S. Flores – March 24, 2023, 7:40 pm from manilastandard.net First Gen Corp., the Lopez Group‘s clean and renewable energy provider, said Friday its recurring net income went up 5 percent in 2022 to $265 million (P14.3 […]
March 25, 2023

ERC asked to review VAT treatment of system losses

By Beatriz Marie D. Cruz – March 22, 2023 | 8:28 pm from Business World A LEGISLATOR representing power cooperatives asked the Energy Regulatory Commission (ERC) on Wednesday to review its value-added tax (VAT) policy governing system losses, disputing this […]
March 25, 2023

Geothermal, hydro, wind sites on offer in 4th auction round

By Ashley Erika O. Jose – March 22, 2023 | 8:32 pm from Business World THE Department of Energy (DoE) said it has selected 19 sites to be offered this year for the fourth round of the open and competitive […]
March 24, 2023

ERC to weigh rate impact of terminated SMC supply deals

BY MYRNA M. VELASCO – Mar 23, 2023 3:56 PM from Manila Bulletin The Energy Regulatory Commission (ERC) said it will weigh the rate impact as well as implications on next year’s supply of the terminated power supply agreements (PSAs) […]
March 24, 2023

3 firms keen on investing in Tanay wind project

By Alena Mae S. Flores – March 23, 2023, 7:00 pm from manilastandard.net Alternergy Holdings Corp. said Thursday wholly-owned subsidiary Alternergy Tanay Wind Corp. received proposals from major international and local energy companies to co-develop the proposed 100-megawatt Tanay wind […]
March 24, 2023

DOE, ERC plan to revise bidding for distribution sector

By Alena Mae S. Flores – March 23, 2023, 6:15 pm from manilastandard.net The Department of Energy and the Energy Regulatory Commission are studying the revision of the competitive selection process for the distribution sector to make it simpler to […]