Power News

November 24, 2022

WESM-Mindanao commercial operation to start next month

By Myrna M. Velasco – November 23, 2022, 3:08 PM from Manila Bulletin The Department of Energy (DOE) is finally eyeing to roll into commercial operation before the end of this year the long-delayed Wholesale Electricity Spot Market (WESM) in […]
November 23, 2022

DOE eyes final expert study on using BNPP

BY LENIE LECTURA – NOVEMBER 23, 2022 from Business Mirror File photo: Bataan Nuclear Power Plant AS the country scrounges for suitable and affordable energy sources in pivoting away from pollutive ones like coal, the Department of Energy (DOE) will […]
November 23, 2022

30 more years of lifeline rate to almost 6M families

BY BUSINESSMIRROR – NOVEMBER 22, 2022 (L-R): DOE Secretary Raphael P.M. Lotilla, ERC Chairperson and CEO Monalisa C. Dimalanta, DSWD Undersecretary for Special Concerns Vilma B. Cabrera and other ERC Officials and em-ployees at the ceremonial signing. Almost six million […]
November 23, 2022

Shell, Alternergy to explore PHL offshore wind potential

BY LENIE LECTURA – NOVEMBER 23, 2022 from Business Mirror Alternergy Holdings Corp., through its wholly-owned subsidiary Pililla AVC Corp., and Shell Overseas 1 Investment B. V. (Shell) announced Tuesday their partnership to jointly explore offshore wind potential in the […]
November 23, 2022

Visayas firms tap RE from Aboitiz unit

BY LENIE LECTURA – NOVEMBER 23, 2022 from Business Mirror Advent Energy, Inc., the retail electricity supply arm of Aboitiz Power Corp., has been tapped to supply renewable energy (RE) to car builder NKC Manufacturing Philippines Corp. (NKC) and sugar […]
November 22, 2022

Alsons net income up 18% in January-September

BY LENIE LECTURA – NOVEMBER 22, 2022 from Business Mirror Alcantara-led Alsons Consolidated Resources Inc., (ACR) reported an 18-percent increase in its net income at end-September this year as demand for electricity, particularly in Mindanao, grew. From January to September […]
November 22, 2022

Synergy Grid income climbs to P28.7 B in 9 months

By Myrna M. Velasco – November 21, 2022, 3:38 PM from Manila Bulletin Listed firm Synergy Grid and Development Philippines Inc., the holding company of transmission firm National Grid Corporation of the Philippines (NGCP), posted substantial net income climb to […]
November 21, 2022

Prime Infra sets EPC auction for P200-B solar project

By Myrna M. Velasco – November 20, 2022, 8:30 PM from Manila Bulletin Razon-led Prime Infrastructure Capital Inc. has started its tendering process for the engagement of an engineering, procurement and construction (EPC) contractor for its P200-billion Terra Solar farm […]
November 21, 2022

ERC starts scrutiny of power supply deals

By Myrna M. Velasco – November 19, 2022, 10:23 AM from Manila Bulletin The Energy Regulatory Commission (ERC) has kicked off review of prevailing power supply agreements (PSAs) between generation companies and the distribution utilities (DUs), primarily the electric cooperatives […]
November 21, 2022

NEA asks 11 electric co-ops to join launch of Mindanao spot market

By Alena Mae S. Flores – November 20, 2022, 7:45 pm from manilastandard.net The National Electrification Administration asked Mindanao electric cooperatives to complete their requirements to participate in the launch of the region’s electricity spot market next month. “This refers […]