Power News

June 1, 2022

Meralco willing to contract power supply from BNPP once revived

By Myrna M. Velasco – May 31, 2022, 2:19 PM from Manila Bulletin Meralco willing to contract power supply from BNPP once revived A top executive of Manila Electric Company (Meralco) said the power utility company will be willing to […]
May 31, 2022

ERC issues GEAR prices

BY LENIE LECTURA – MAY 30, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has released the Green Energy Auction Reserve (GEAR) prices for the first round of the Green Energy Auction Program (GEAP). The GEAR price for solar […]
May 31, 2022

Royalties remitted to DOE in Q1 hit record–Semirara

BY LENIE LECTURA – MAY 30, 2022 from Business Mirror Semirara Mining and Power Corp. (SMPC) said Monday it has remitted P5.9 billion in royalties to the Department of Energy (DOE) in the first quarter. This is the highest amount […]
May 31, 2022

ERC approves PSA to address Mindoro brownouts

By Myrna M. Velasco – May 30, 2022, 3:54 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has provisionally approved a power supply agreement (PSA) that can augment electricity supply intended to end the lingering power interruptions in Occidental […]
May 30, 2022

Aboitiz taps Chinese-Filipino EPC solar project contractors

By Myrna M. Velasco – May 28, 2022, 11:54 AM from Manila Bulletin Aboitiz taps Chinese-Filipino EPC solar project contractors Aboitiz Renewables Inc., a subsidiary of listed firm Aboitiz Power Corporation, has tapped Chinese firm SUMEC Complete Equipment and Engineering […]
May 30, 2022

NGCP starts new transmission line for Bataan capacity expansion

By Victor V. Saulon – May 26, 2022 | 8:25 pm from Business World NATIONAL GRID Corp. of the Philippines (NGCP) has energized a 500-kilovolt (kV) transmission line that will expand the capacity of its facilities to accommodate around 2,500-megawatts […]
May 29, 2022

ERC not inclined to hasten lowering of RCOA threshold

By Myrna M. Velasco – May 28, 2022, 11:05 AM from Manila Bulletin Small business owners as well as residential end-users may need to wait longer before they can exercise “power of choice” on their preferred electricity service providers as […]
May 29, 2022

ERC approves ‘reserve prices’ for RE auction

By Myrna M. Velasco – May 27, 2022, 2:03 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has approved the green energy auction reserve (GEAR) tariffs that will serve as “price ceiling” for the targeted bidding of 2,000 megawatts […]
May 27, 2022

NGCP activates Mariveles-Hermosa transmission line

BY LENIE LECTURA – MAY 26, 2022 from Business Mirror A P6-billion transmission facility is now ready to accommodate more than 2,500 megawatts (MW) of new generating capacities for the Luzon grid. The National Grid Corporation of the Philippines (NGCP) […]
May 27, 2022

Alsons sets 3-year capex, eyes more RE investments

BY LENIE LECTURA – MAY 26, 2022 from Business Mirror Alsons Consolidated Resources Inc. (ACR), the publicly-listed company of the Alcantara Group, is setting aside P6 billion in capital expenditures (capex) for three years to finance various power projects. “Estimated […]