Power News

June 16, 2022

Batelec II, Bac-Man power supply deal gets provisional nod

BY LENIE LECTURA – JUNE 15, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has granted provisional approval to the power supply agreement (PSA) between Batangas II Electric Cooperative Inc. (Batelec II) and Bac-Man Geothermal Inc. (BGI). “The Commission […]
June 16, 2022

SMC to complete 31 battery storage projects next year

By Jenniffer B. Austria – June 14, 2022, 7:35 pm from manilastandard.net Conglomerate San Miguel Corp. expects to complete 31 battery energy storage systems with a combined capacity of 1,000 megawatts by 2023, a top executive said Monday. San Miguel […]
June 15, 2022

RLC enrolls in Meralco’s interruptible load program

BY LENIE LECTURA – JUNE 14, 2022 from Business Mirror The Manila Electric Co. (Meralco) has included Robinsons Land Corp. (RLC) in its Interruptible Load Program (ILP), bringing to 122 the number of companies within the utility firm’s franchise area […]
June 15, 2022

WESM operator seeks review of IEMOP

By Myrna M. Velasco – June 14, 2022, 5:47 PM from Manila Bulletin The operator of the Wholesale Electricity Spot Market (WESM) is asking the Department of Energy (DOE) to review the circular which created the Independent Electricity Market Operator […]
June 14, 2022

EDC leads 7 firms given OK for renewable energy plans

BY LENIE LECTURA – JUNE 13, 2022 from Business Mirror In photo: Energy Development Corp.’s Burgos wind power project in Ilocos Norte. THE Energy Development Corp. (EDC) leads seven companies whose renewable energy (RE) projects nine with a total capacity […]
June 14, 2022

EDC to supply power to TDK Laguna plant

BY LENIE LECTURA – JUNE 13, 2022 from Business Mirror File photo shows one of EDC’s 12 integrated geothermal power stations. Energy Development Corp. (EDC) has been tapped to supply geothermal energy to the manufacturing plant of TDK Philippines Corp. […]
June 13, 2022

ERC wants ‘single entity’ to oversee WESM

By Myrna M. Velasco – June 12, 2022, 8:30 PM from Manila Bulletin The Energy Regulatory Commission (ERC) indicated that it prefers just having one entity to manage and oversee the Wholesale Electricity Spot Market (WESM) so the industry as […]
June 11, 2022

Meralco rate up by P0.398/kWh in June billing

By Myrna M. Velasco – June 10, 2022, 12:09 PM from Manila Bulletin Customers of Manila Electric Company (Meralco) will need to allot higher budgets for their electric bills this month, as the utility firm raised its overall tariff by […]
June 11, 2022

Alsons inks P3.3-B loan deal with DBP

By Myrna M. Velasco – June 10, 2022, 2:59 PM from Manila Bulletin Alsons Power of the Alcantara group has inked an omnibus loan and security agreement (OLSA) with the Development Bank of the Philippines (DBP) for the P3.3 billion […]
June 10, 2022

Meralco partners with Ayala unit for substation in Cavite

BY LENIE LECTURA – JUNE 9, 2022 from Business Mirror The Manila Electric Co. (Meralco) and Ayala Land Inc. have forged a partnership for the development of a new power substation at the Vermosa estate in Imus, Cavite. The utility […]