Power News

December 18, 2024

‘Nod for Meralco PSA premature’

By Lenie Lectura – December 18, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has denied the joint application of the Manila Electric Co. (Meralco) and Masinloc Power Co. Ltd. (MPCL) for provisional approval of their 15-year power supply […]
December 18, 2024

Spot market power prices decline on softer demand, cooler weather

By Alena Mae S. Flores – December 17, 2024, 8:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) declined in the first two […]
December 18, 2024

Baguio City, Benguet see power rate increase this December

By Artemio Dumlao – December 16, 2024 | 2:37pm from Philstar.com November 2024 photo shows maintenance works of Benguet Electric Cooperative (BENECO). BAGUIO CITY — Power rates in Baguio City and Benguet province have been increased this December, following adjustments […]
December 17, 2024

How First Gen is expanding its portfolio to meet PHL’s power demand

By Sheldeen Joy Talavera – December 17, 2024 | 12:05 am from Business World FIRST GEN Corp. is diversifying its energy portfolio to meet the Philippines’ power demand, with a strong focus on renewable energy sources like geothermal and solar. […]
December 17, 2024

ACEN eyes 1.2-GW of additional capacity in 2025

By Gabriell Christel Galang – Dec 16, 2024 04:19 PM from Manila Bulletin Ayala-led ACEN Corporation has set a target of adding 1.2 gigawatts (GW) of operational capacity by 2025. In a briefing on Monday, Dec. 16, Eric Francia, ACEN […]
December 16, 2024

Meralco eyes ₱50B for upgrades

By Lenie Lectura – December 16, 2024 from Business Mirror THE Manila Electric Co. (Meralco) may earmark as much as P70 billion to improve its distribution network and roll out smart meters, among others, over the next five years. Of […]
December 16, 2024

DOE pushes clean energy transition

By Alena Mae S. Flores – December 16, 2024, 1:05 am from manilastandard.net Energy Secretary Raphael Lotilla The Department of Energy challenged developers and financiers to design long-term financing mechanisms for high-capital-expenditure power projects. It said this would support the […]
December 16, 2024

PetroWind eyes to complete Nabas wind farm by 2025

By Sheldeen Joy Talavera – December 16, 2024 | 12:07 am from Business World ONCE THE INSTALLATION of the remaining three 2.2- megawatt (MW) turbines is completed, the expansion will enable the company to increase the wind project’s capacity to […]
December 14, 2024

Regulator clears Meralco’s 1,200-MW deal with SMC unit

By Lisbet K. Esmael – 02:06 AM December 14, 2024 from inquirer.net / Philippine Daily Inquirer Manila Electric Co.’s (Meralco) 1,200-megawatt (MW) power supply deal with a subsidiary of San Miguel Global Power Holdings Corp. (SMGP) secured approval from the […]
December 14, 2024

Nuclear energy seen as key solution to climate challenges

By Brix Lelis – December 13, 2024 | 12:00am from The Philippine Star Bataan Nuclear Power Plant. MANILA, Philippines —  Nuclear energy will not only serve as a dependable backbone for the power grid but also emerge as a vital […]