Power News

January 21, 2022

Bohol transmission lines fully restored

BY LENIE LECTURA – JANUARY 20, 2022 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) has completed the restoration of 69 kiloVolt (kV) transmission lines in Bohol affected by Typhoon Odette. The grid operator said Thursday that […]
January 20, 2022

NEA among top performing GOCCs in 2020

By Danessa Rivera – January 19, 2022 | 12:00am from The Philippine Star MANILA, Philippines — State-run National Electrification Administration (NEA) ranked as one of the top performing government-owned or controlled corporations (GOCCs) in 2020. NEA received 100 percent in […]
January 20, 2022

Asian firms eye hydrogen for clean energy

By Danessa Rivera – January 19, 2022 | 12:00am from The Philippine Star MANILA, Philippines — Asian countries are seen turning to hydrogen to contribute to their long-term clean energy targets, as gas and liquefied natural gas (LNG) power developments […]
January 20, 2022

Citicore, Philippines’ first energy-focused REIT, clears IPO hurdles

By Ramon Royandoyan – January 19, 2022 | 12:58am from Philstar.com The renewable energy-centred offering came from CREIT’s parent company, Megawide Construction Corp., owned and founded by Edgar Saavedra. MANILA, Philippines — It’s all systems go for the stock market […]
January 20, 2022

WESM Visayas return online after ERC order

BY LENIE LECTURA – JANUARY 19, 2022 from Business Mirror THE Wholesale Electricity Spot Market (WESM) in Visayas has resumed operations after the Energy Regulatory Commission (ERC) lifted the suspension order it earlier imposed on the Philippine Electricity Market Corp.–Market […]
January 19, 2022

DoE, PCCI weigh coal import ban

By Raffy Ayeng – January 19, 2022 03:00 AM from Daily Tribune @tribunephl_raf Energy Secretary Alfonso Cusi reiterated its appeal to Indonesia to lift its coal export ban, saying the policy will be detrimental to economies heavily reliant on the […]
January 19, 2022

NGCP warns of thin power supply this summer

By Myrna M. Velasco – January 18, 2022, 3:46 PM from Manila Bulletin System operator National Grid Corporation of the Philippines (NGCP) has raised alarm bells of ‘thin power supply’ during the summer months – April to June. NGCP forthrightly […]
January 19, 2022

Aboitiz Power’s bond issue scores highest credit rating

By Myrna M. Velasco – January 18, 2022, 2:14 PM from Manila Bulletin Listed firm Aboitiz Power Corp. has secured the highest credit rating on its slated third tranche bond issue for this year which targets to raise P10 billion […]
January 18, 2022

TransCo to operate in off-grid provinces

BY LENIE LECTURA – JANUARY 17, 2022 from Business Mirror State-led National Transmission Corp. (TransCo) will soon operate the grid systems in Palawan, Mindoro, Catanduanes and Marinduque. According to the Philippine Energy Plan 2020-2040, preparatory works for the development of […]
January 18, 2022

DOE wants NGCP to reschedule shutdowns to prevent blackouts

By Myrna M. Velasco – January 17, 2022, 2:50 PM from Manila Bulletin To avoid rotational blackouts during the summer months, the Department of Energy (DOE) said the National Grid Corporation of the Philippines (NGCP) should move or adjust the […]