Power News

October 7, 2022

ERC flags 50 DUs for non-compliance to ‘itemized’ generation charges

By Myrna M. Velasco – October 6, 2022, 9:27 AM from Manila Bulletin The Energy Regulatory Commission (ERC) has flagged at least 50 distribution utilities (DUs) for non-compliance to the regulatory mandate of itemizing the generation charges from their respective […]
October 7, 2022

First Gen pitches for ‘carbon capture and storage’ for PH decarbonization strategy

By Myrna M. Velasco – October 6, 2022, 8:37 AM from Manila Bulletin Leading clean energy company First Gen Corporation has set the initial pitch on the deployment of carbon capture use and storage (CCUS) technology as one of the […]
October 7, 2022

San Miguel unit sets sights on selling power in WESM

BY LENIE LECTURA – OCTOBER 7, 2022 from Business Mirror SMC Global Power Holdings Corp. (SMCGP) will terminate its two power supply agreements (PSAs) with the Manila Electric Co. (Meralco) and sell the output of the two power plants in […]
October 6, 2022

PAVI Green, PMFTC ink deal for solar project

BY LENIE LECTURA – OCTOBER 6, 2022 from Business Mirror PAVI Green Renewable Energy Inc., (PAVI Green), a wholly-owned subsidiary of Prime Asset Ventures Inc., has been tapped by PMFTC Inc. (PMFTC), the Philippine affiliate of Philip Morris International, for […]
October 6, 2022

San Miguel unit fast-tracking installation of BESS facilities

BY LENIE LECTURA – OCTOBER 6, 2022 from Business Mirror SMC GLOBAL Power Holdings Corp. (SMCGP) is targeting to complete the installation of 1000 megawatts (MW) of battery energy storage system (BESS) facilities before next year’s peak season, which is […]
October 5, 2022

NEA set to takeover Albay electric coop anew

By Myrna M. Velasco – October 4, 2022, 2:53 PM from Manila Bulletin Government-run National Electrification Administration (NEA) will take over again the operation and management of the Albay Electric Cooperative (ALECO), after the member-consumer-owners (MCOs) of the power utility […]
October 5, 2022

Meralco seeks emergency power supply procurement for 1,000MW

By Myrna M. Velasco – October 4, 2022, 1:39 PM from Manila Bulletin Following regulatory decision that junked the P0.30 per kilowatt hour (kWh) rate hike petition of supplier SMC Global Power Holdings (SMCGP), power utility giant Manila Electric Company […]
October 5, 2022

DOE approves Razon’s acquisition of Malampaya operating stake

By Myrna M. Velasco – October 3, 2022, 2:48 PM from Manila Bulletin The Department of Energy (DOE) has approved the acquisition of the 45 percent operating equity in the Malampaya gas project by Razon-led Prime Exploration Pte. Ltd. for […]
October 4, 2022

ERC denies SMC-Meralco rate hike application

By Myrna M. Velasco – October 3, 2022, 9:23 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has denied the P0.30 per kilowatt hour (kWh) rate hike that had been jointly applied for by the Manila Electric Company (Meralco) […]
October 4, 2022

Sale of Malampaya operator to Prime Infra secures nod

BY LENIE LECTURA – OCTOBER 4, 2022 from Business Mirror The Department of Energy (DOE) announced Monday that it has approved Razon-led Prime Infrastructure Capital Inc.’s (Prime Infra) acquisition of Malampaya gas project operator Shell Philippines Exploration B.V. (SPEX). Prior […]