Power News

January 18, 2023

ERC sets public hearings on NGCP’s rate adjustment

By Myrna M. Velasco – January 17, 2023, 3:26 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has scheduled series of public hearings on the tariff adjustment of transmission system operator National Grid Corporation of the Philippines (NGCP) for […]
January 17, 2023

Meralco, Aboitiz mull over extension of power deal

BY LENIE LECTURA – JANUARY 17, 2023 from Business Mirror The Manila Electric Co. (Meralco) and Aboitiz Power Corp. may extend their emergency power supply agreement (EPSA) that will expire next week. “Verbally, I received advice from Aboitiz that they […]
January 17, 2023

NAC increases investment in renewable energy unit

BY LENIE LECTURA – JANUARY 17, 2023 from Business Mirror Nickel Asia Corp. (NAC) is pouring nearly P3 billion into its renewable energy (RE) subsidiary, Emerging Power Inc. (EPI). The company told the stock exchange on Monday that its board […]
January 16, 2023

ERC welcomes business groups’ support for reasonably-priced power

By Alena Mae S. Flores – January 15, 2023, 6:50 pm from manilastandard.net The Energy Regulatory Commission welcomed over the weekend the support of business groups such as the Makati Business Club towards ensuring adequate, sustainable and reasonably-priced electricity. “The […]
January 16, 2023

Group of rural electric co-ops backs NEA’s move to oust BENECO board

By Manila Standard – January 15, 2023, 6:45 pm from manilastandard.net An umbrella organization of electric cooperatives lauded the decision of the National Electrification Administration to recall the probational appointment of the general manager of the Benguet Electric Cooperative. The […]
January 16, 2023

Lotilla implements DOE reorganization

By Myrna M. Velasco – January 13, 2023, 3:12 PM from Manila Bulletin Energy Secretary Raphael P.M. Lotilla has implemented the organizational restructuring of his department that seeks to right-size the bureaucracy, strengthen its services to the public and the […]
January 14, 2023

Prime Energy readies measures for 2-week Malampaya shutdown

By Alena Mae S. Flores – January 13, 2023, 9:50 pm from manilastandard.net Prime Energy Resources Development B.V. said Friday it is undertaking preparatory measures for the two-week scheduled maintenance shutdown of the Malampaya Deep Water Gas-to-Power project in northwest […]
January 14, 2023

DOE issues rules on opt-in mechanism for participants in green energy auction

By Alena Mae S. Flores – January 13, 2023, 9:45 pm from manilastandard.net The Department of Energy said Friday it issued the draft guidelines for the opt-in mechanism of the Green Energy Auction Program, which aims to lessen the charges […]
January 13, 2023

Mindanao electricity spot market to open Jan. 26

By Alena Mae S. Flores – January 12, 2023, 7:55 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines, which runs the Wholesale Electricity Spot Market, said Thursday it is ensuring market participants’ readiness for the launch of […]
January 13, 2023

No firm deal on ‘gas swapping’ for Ilijan plant – DOE

By Myrna M. Velasco – January 12, 2023, 2:26 PM from Manila Bulletin The Department of Energy (DOE) has indicated that the propounded “gas swapping deal” to enable the operation of the Ilijan gas-fired power plant during the summer months […]