Power News

April 9, 2022

ERC moving to new, eco-friendly office in Pasig

By Myrna M. Velasco – April 8, 2022, 5:07 PM from Manila Bulletin Energy stakeholders with rate petitions or license applications will no longer wait patiently for slow-moving elevators, as the Energy Regulatory Commission (ERC) has announced that it is […]
April 9, 2022

Energy-efficiency inspections of government agencies kick off

By Ram Christian S. Agustin – April 6, 2022 | 7:46 pm from Business World THE Department of Energy’s (DoE) Energy Utilization Management Bureau (EUMB), has launched a series of spot checks of government agencies to ensure their compliance with […]
April 8, 2022

Meralco: Tight power supply to hike April rates

By Alena Mae S. Flores April 7, 2022, 7:30 pm from manilastandard.net Power rates in the franchise area of Manila Electric Co. may go up in April on tight supply, gas supply restrictions, the impact of international coal prices and […]
April 8, 2022

DOE clears projects for impact study

BY LENIE LECTURA – APRIL 7, 2022 from Business Mirror THE Department of Energy (DOE) has cleared 10 power projects for the conduct of system impact study (SIS). These projects could inject some 2,000 megawatts (MW) of additional capacity if […]
April 8, 2022

Diesel power plant awarded to 1590 EC

BY LENIE LECTURA – APRIL 7, 2022 from Business Mirror VIVANT Corp.-subsidiary 1590 Energy Corp. (1590 EC)  now owns a 225-megawatt (MW) diesel power plant located in the Municipality of Bauang, La Union. The Provincial Government of La Union (PGLU) […]
April 7, 2022

AC Energy pursues early retirement of coal plant

BY LENIE LECTURA – APRIL 6, 2022 from Business News AC ENERGY Corp. (ACEN) has moved to pursue the early retirement of its remaining coal plant under South Luzon Thermal Energy Corporation (SLTEC) in line with the parent firm’s “net-zero” […]
April 7, 2022

NGCP to increase capital stock

BY LENIE LECTURA – APRIL 6, 2022 from Business Mirror THE NATIONAL Grid Corp. of the Philippines (NGCP) is increasing its authorized capital stock (ACS) to accommodate the issuance of the non-voting preferred shares to Synergy Grid and Development Philippines, […]
April 7, 2022

PH renewable energy investments reached over P256b in last 13 years

By Alena Mae S. Flores April 6, 2022, 7:50 pm from manilastandard.net The Philippines attracted P256.6-billion worth of renewable energy investments to generate a total capacity of 2,630.55 megawatts from 2009 to 2021, according to the Department of Energy. Mylene […]
April 6, 2022

SNAP to put up storage system

BY LENIE LECTURA – APRIL 5, 2022 from Business Mirror SN Aboitiz Power Group (SNAP) will put up a 20-megawatt (MW) battery energy storage system (BESS) at its Magat hydroelectric power plant in Ramon, Isabela. The joint venture between Scatec […]
April 6, 2022

Bidding for Meralco’s 850MW RE demand declared a failure

BY LENIE LECTURA – APRIL 5, 2022 from Business Mirror THE competitive bidding for the 850-megawatt (MW) renewable energy (RE) mid-merit requirement of the Manila Electric Co. (Meralco) was declared a failure last Thursday by the Third-Party Bids and Awards […]