Power News
May 6, 2022
Published by admin at May 6, 2022
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BY LENIE LECTURA – MAY 5, 2022 from Business Mirror THE Manila Electric Co. (Meralco) will resort to negotiated procurement of 180 megawatts (MW) of baseload capacity after the second round of competitive selection process (CSP) failed anew. Meralco said […]
May 6, 2022
Published by admin at May 6, 2022
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BY BUSINESSMIRROR – MAY 5, 2022 The Energy Regulatory Commission (ERC) has allowed the National Grid Corporation of the Philippines (NGCP) to implement its Interim Maximum Allowable Revenue (IMAR) for 2020. “Applicant NGCP is granted interim relief to implement an […]
May 6, 2022
Published by admin at May 6, 2022
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BY BIANCA CUARESMA – MAY 4, 2022 from Business Mirror THE largest banks in the country were found to be the top supporters of coal-related energy projects this year, an energy advocacy and bank watchdog group said in its most […]
May 5, 2022
Published by admin at May 5, 2022
BY LENIE LECTURA – MAY 4, 2022 from Business Mirror Power lines run beside a sign for the Manila Electric Co. (Meralco) Makati branch in Manila, the Philippines, on Monday, March 23, 2009. Manila Electric Co. is the largest Philippine […]
May 5, 2022
Published by admin at May 5, 2022
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BY LENIE LECTURA – MAY 3, 2022 from Business Mirror As coal demand and prices intensify, Consunji-led Semirara Mining and Power Corp. (SMPC) said Monday it won’t run out of coal reserves even if its coal operating contract (COC) expires […]
May 5, 2022
Published by admin at May 5, 2022
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BY LENIE LECTURA – MAY 4, 2022 from Business Mirror The chairman of the Energy Lawyers Association of the Philippines (ELAP) said power industry stakeholders must move forward following the suspension of exploration activities in the West Philippine Sea. “We […]
May 4, 2022
Published by admin at May 4, 2022
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BY LENIE LECTURA – MAY 3, 2022 from Business Mirror THE Manila Electric Co. (Meralco) is assessing its financial position to determine if it can borrow money this year to fund its power projects. “Yes, we are currently reviewing already […]
May 4, 2022
Published by admin at May 4, 2022
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BY LENIE LECTURA – MAY 3, 2022 from Business Mirror Citicore Energy Solutions Inc. (CESI), the retail electricity supply arm of Citicore Power Inc., said it was able to renew its renewable energy (RE) supply contracts with 5 of its […]
May 4, 2022
Published by admin at May 4, 2022
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BY LENIE LECTURA – MAY 3, 2022 from Business Mirror The competitive auction for ancillary services (AS) is now a go, according to the bid invite of the National Grid Corporation of the Philippines (NGCP). In a notice published on […]
May 3, 2022
Published by admin at May 3, 2022
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BY LENIE LECTURA – MAY 3, 2022 from Business Mirror SMC GLOBAL Power Holdings Corp. (SMCGP) would need P214.8 billion to finish its capital expenditure (capex) projects, including capital-intensive liquefied natural gas (LNG) power plants. In a filing, the power […]