Power News

February 21, 2023

NWRB grants permit to Alternergy’s hydropower unit

By Alena Mae S. Flores – February 20, 2023, 8:05 pm from manilastandard.net The National Water Resources Board awarded a permit to Ibulao Mini Hydro Corp., a wholly-owned subsidiary of renewable energy firm Alternergy Holdings Corp. “The award of the […]
February 21, 2023

Malampaya shutdown completed

By Myrna M. Velasco – February 20, 2023, 12:54 PM from Manila Bulletin The two-week maintenance shutdown of the Malampaya gas production facility has been completed, without any untoward accidents at the work site, according to the Department of Energy […]
February 21, 2023

PSALM to review Diliman property dev’t plan

By Myrna M. Velasco – February 19, 2023, 8:30 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will review the plan on the potential transformation of its Diliman property into a mixed-use complex that will […]
February 20, 2023

Coal plant firm demands P1.37b from Dasureco

By Alena Mae S. Flores – February 19, 2023, 7:40 pm from manilastandard.net GNPower Kauswagan Ltd. Co., the operator of a 552-megawatt coal-fired plant in Kauswagan, Lanao Del Norte, is seeking to recover P1.371 billion from Davao Del Sur Electric […]
February 20, 2023

NEA lends P1.2 billion to 35 electric cooperatives

By Alena Mae S. Flores – February 19, 2023, 6:50 pm from manilastandard.net The National Electrification Administration said over the weekend it approved a total of P1.2 billion worth of loans to 35 electric cooperatives last year. Data from the […]
February 20, 2023

‘PHL to rely solely on volatile LNG market’

BY LENIE LECTURA – FEBRUARY 17, 2023 from Business Mirror The Philippines will face high liquefied natural gas (LNG) prices and infrastructure constraints, the Institute for Energy Economics and Financial Analysis (IEEFA) said on Thursday. Based on the group’s findings […]
February 18, 2023

ERC bats for ‘rate flexibility’ in supply deals

By Myrna M. Velasco – February 17, 2023, 10:23 AM from Manila Bulletin The Energy Regulatory Commission (ERC) said it will opt for “rate flexibility” in the power supply agreements (PSAs) that distribution utilities (DUs) will be underwriting with generation […]
February 18, 2023

NPC energizes 69KV transmission line in Palawan

By Myrna M. Velasco – February 17, 2023, 10:17 AM from Manila Bulletin The 69-kilovolt Roxas-Taytay transmission line in Palawan has been energized by state-run National Power Corporation (NPC) to reinforce electricity services for consumers in that local off grid. […]
February 17, 2023

IEMOP eyes June launching of power reserve market

By Alena Mae S. Flores – February 16, 2023, 7:25 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines, which runs the electricity spot market, said Thursday it expects to launch the reserve market by June. The reserve […]
February 17, 2023

DOE sees smooth opening of two LNG terminals this year

By Alena Mae S. Flores – February 16, 2023, 7:45 pm from manilastandard.net The Department of Energy said Thursday the country’s first two liquefied natural gas terminals which are expected to open this year will have no problem securing LNG […]