Power News

April 14, 2022

Energy dep’t extends by a month deadline for consumption reports

By Ram Christian S. Agustin – April 12, 2022 | 7:55 pm from Business World PHILSTAR THE Department of Energy’s (DoE) Energy Utilization Management Bureau (EUMB) said it extended by a month the deadline for all Designated Establishments (DEs) to […]
April 13, 2022

Meralco seeks term extension clause in power supply deal

BY LENIE LECTURA – APRIL 12, 2022 from Business Mirror THE Manila Electric Co. (Meralco) wants the power supply agreement (PSA) for the proposed 180megawatts (MW) of baseload supply to be valid for five months since the Competitive Selection Process […]
April 13, 2022

Alsons to build power plant in Bohol

BY LENIE LECTURA – APRIL 12, 2022 from Business Mirror Conal Holdings Corp. (CHC), a wholly-owned subsidiary of Alsons Power Group, will put up a 95.2 megawatts (MW) diesel power plant in Bohol worth at least P1.8 billion. The construction […]
April 12, 2022

Meralco: Power rates to rise on higher generation cost

BY LENIE LECTURA – APRIL 11, 2022 from Business Mirror Power rates for this month will go up to P10.1830 per kilowatt hour (kWh) from P9.6467 per kWh last month, the Manila Electric Co. (Meralco) announced Monday. The P0.5363 upward […]
April 12, 2022

Advent to supply power to ice plant

BY LENIE LECTURA – APRIL 11, 2022 from Business Mirror Vita Tropic Ice Company Inc., an ice manufacturing company in Malabon City, will tap Advent Energy Inc., a retail business unit of Aboitiz Power Corp., for the supply of renewable […]
April 12, 2022

ACEN finalizes loan deal with banks

BY LENIE LECTURA – APRIL 11, 2022 from Business Mirror AC ENERGY Corp. (ACEN) has finalized an amended and restated omnibus loan and security agreement for its wholly-owned subsidiary, South Luzon Thermal Energy Corp. (SLTEC), with the Bank of Philippine […]
April 11, 2022

ERC to hear Meralco’s regulatory proposals

BY LENIE LECTURA – APRIL 10, 2022 from Business Mirror THE Energy Regulatory Commission (ERC) has set the hearing this month on the application of the Manila Electric Co. (Meralco) for the approval of its proposed Annual Revenue Requirement (ARR) […]
April 11, 2022

Meralco revises terms for bidding of 180 MW

By Alena Mae S. Flores – April 10, 2022, 6:30 pm from manilastandard.net Manila Electric Co.is seeking an approval from the Department of Energy for the new terms of reference for the rebidding of 180 megawatts of baseload supply needed […]
April 11, 2022

Think tank says hidden costs erode appeal of cheap coal power

By Ram Christian S. Agustin – April 10, 2022 | 6:20 pm from Business World THE low-cost argument for using coal-fired power does not consider hidden costs as well as price volatility in times of crisis, such as the present […]
April 9, 2022

NGCP readies contingency measures for election power supply

By Myrna M. Velasco – April 8, 2022, 2:17 PM from Manila Bulletin With the country’s frail power supply situation, the National Grid Corporation of the Philippines (NGCP) is hammering out contingency measures to avoid electricity service disruptions on this […]