Power News

March 16, 2022

Aboitiz unit sets ₧28-B capex

BY LENIE LECTURA – MARCH 15, 2022 from Business Mirror Aboitiz Power Corp. is setting aside P28 billion in capital expenditures (capex) for this year to finish its power projects and build new plants. The amount is higher than the […]
March 16, 2022

PERC to use part of SRO proceeds for RE projects

BY LENIE LECTURA – MARCH 15, 2022 from Business Mirror PetroEnergy Resources Corp. (PERC), a member of the Yuchengco Group of Companies (YGC), said Tuesday it would reallocate the remaining proceeds of its 2018 stock rights offer (SRO) to partly […]
March 16, 2022

Net metering: Can it alleviate power supply, costs woes?

By Danessa Rivera – March 15, 2022 | 12:00am from The Philippine Star With a 3.2-kilowatt solar system on his roof, Fernando and his family could cool down for the whole day using two air-conditioning units along with other home […]
March 15, 2022

ACEN takeover of Aussie JV completed by Q1

By Danessa Rivera – March 15, 2022 | 12:00am from The Philippine Star MANILA, Philippines — AC Energy Corp. (ACEN) is eyeing to complete the takeover of its Australian joint venture platform in the first quarter of next year, to […]
March 15, 2022

Energy official calls for pricing reform in natural gas market

By Marielle C. Lucenio – March 13, 2022 | 7:43 pm from Business World REUTERS THE critical role of natural gas as a “transition fuel” en route to achieving the world’s environmental objectives warrants a new pricing system decoupled from […]
March 15, 2022

Diesel power plants dominate DoE’s endorsements to ERC

By Marielle C. Lucenio – March 13, 2022 | 7:44 pm from Business World POWER PLANTS endorsed to the regulatory commission for five-year operating permits included 12 diesel-powered facilities out of 17 overall, according to a list posted to the […]
March 14, 2022

ERC to Meralco: Customers entitled to additional refund

BY LENIE LECTURA – MARCH 14, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has ordered the Manila Electric Co. (Meralco) to refund its customers an additional P4.8 billion after it recomputed the utility firm’s Actual Weighted Average Tariff […]
March 14, 2022

8 power projects get clearance to conduct SIS

BY LENIE LECTURA – MARCH 14, 2022 from Business Mirror The Department of Energy (DOE) has cleared eight power projects to proceed with the conduct of system impact study (SIS). These are the 250MW hydro power project of Pan Pacific […]
March 14, 2022

Consumers warned of soaring electric bills in summer months

By Myrna M. Velasco – March 13, 2022, 8:30 PM from Manila Bulletin Soaring electric bills in summer months seen Summer months may just get hotter as soaring electric bills could further erode the purchasing power of Filipino consumers and […]
March 14, 2022

NEA asked to scrap illegal memos on appointments

By Myrna M. Velasco – March 13, 2022, 11:05 AM from Manila Bulletin The National Electrification Administration (NEA) has been flagged for violating its own Charter by issuing policies that allegedly overstepped the powers of the electric cooperatives (ECs) on […]