Power News

March 20, 2023

ERC mulls establishment of ‘rate affordability tracker’

BY MYRNA M. VELASCO – Mar 19, 2023 6:59 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is seriously considering the establishment of ‘rate affordability tracker,’ so the Filipino consumers can be apprised on the measures as well as […]
March 20, 2023

More power plant delays to further strain Luzon’s summer supply

BY MYRNA M. VELASCO – March 19, 2023 6:58 PM from Manila Bulletin AT A GLANCE Delayed power plants, BESS and transmission projects to further strain Luzon grid supply Luzon to suffer more instances of ‘yellow alerts’ or insufficiency of […]
March 20, 2023

Adventenergy, meat firm sign power supply deal

By Alena Mae S. Flores – March 19, 2023, 7:15 pm from manilastandard.net Aboitiz Power Corp. subsidiary Adventenergy Inc. secured a retail electricity supply deal with Pampanga’s Best Inc., one of the country’s leading producers of processed meat. Aboitiz Power […]
March 18, 2023

Watch Meralco rates, ERC told, as San Miguel quits ’21 supply contract

By Alena Mae S. Flores – March 18, 2023, 1:40 am from manilastandard.net Consumer groups have asked the Energy Regulatory Commission (ERC) to closely monitor any power rate changes in the Manila Electric Co. (Meralco) franchise area following the decision […]
March 18, 2023

ERC weighs rate hike impact of expiring Malampaya contracts

BY MYRNA M. VELASCO – Mar 17, 2023 1:53 PM from Manila Bulletin The Energy Regulatory Commission (ERC) indicated that it will be studying the probable rate hikes or cost impact that consumers will have to brace for; once all […]
March 17, 2023

ERC to review universal charge applications

By Alena Mae S. Flores – March 16, 2023, 7:05 pm from manilastandard.net The Energy Regulatory Commission  said Thursday it will review and approve some of the pending applications by National Power Corp. for universal charge for missionary electrification amounting […]
March 17, 2023

ACEN acquires 8 operating wind projects in Texas

BY MYRNA M. VELASCO – Mar 16, 2023 5:38 PM from Manila Bulletin Ayala-led ACEN Corporation has inked a purchase and sale agreement (PSA) with American firm GlidePath for the acquisition of the latter’s eight operating wind projects with aggregate […]
March 16, 2023

PSALM moves bid submission deadline for Casecnan hydropower plant

By Alena Mae S. Flores – March 15, 2023, 6:30 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. moved the bid submission deadline for the privatization of the 165-megawatt Casecnan Hydroelectric Power Plant to May 16 from […]
March 16, 2023

DOE issues stern warning vs illegal coal traders

BY MYRNA M. VELASCO – Mar 15, 2023 4:32 PM from Manila Bulletin The Department of Energy (DOE) said that coal traders engaged in illegal trading will face penalty and revocation of permits.   . Energy Undersecretary Alessandro O. Sales issued […]
March 15, 2023

Alternergy sets P20-B capex for RE projects

BY MYRNA M. VELASCO – March 14, 2023 3:40 PM from Manila Bulletin Alternergy Holdings Corporation, a pioneer in renewable energy (RE) development in the country, will shell out P20 billion worth of capital expenditures (capex) on projects under construction […]