Power News

January 5, 2022

SMC power unit to switch on BESS facilities this year

BY LENIE LECTURA – JANUARY 4, 2022 from Business Mirror The power arm of conglomerate San Miguel Corp. (SMC) will be able to switch on an initial 690 megawatts (MW) of its battery energy storage systems (BESS) facilities in early […]
January 4, 2022

Group: Systems audit of NGCP is necessary

BY LENIE LECTURA – JANUARY 3, 2022 from Business Mirror The Department of Energy (DOE) on Monday said it continues to push for a systems audit of the National Grid Corporation of the Philippines (NGCP) following a request it received […]
January 4, 2022

EU to label nuke, gas energy as ‘green’

By Agence France-Presse – January 3, 2022 from The Manila Times BRUSSELS: The European Union (EU) is planning to label energy from nuclear power and natural gas as “green” sources for investment despite internal disagreement over whether they truly qualify as sustainable options. […]
January 3, 2022

Psalm-Meralco accord seen to boost consumers savings

BY LENIE LECTURA – JANUARY 3, 2022 from Business Mirror THE “Contract for the Supply of Electric Energy,” or CSEE, between the Manila Electric Co. (Meralco) and the Power Sector Assets and Liabilities Management Corp. (Psalm) will result in savings […]
January 3, 2022

NEA suspends officials of Benguet Electric Coop

By Myrna M. Velasco – January 2, 2022, 10:10 PM from Manila Bulletin The board of administrators of the National Electrification Administration (NEA) has enforced 90-day suspension to the board of directors as well as officials of the Benguet Electric […]
December 31, 2021

Dinginin plant’s operation boosts election power supply

By Myrna M. Velasco – December 31, 2021, 3:14 PM from Manila Bulletin The recent approval granted by the Energy Regulatory Commission (ERC) on the license for the commercial operations of the 724.965-megawatt GNPower Dinginin (GNPD) thermal generating plant will […]
December 30, 2021

AC Energy to invest in 2 RE companies

BY LORENZ S. MARASIGAN – DECEMBER 29, 2021 from Business Mirror AC Energy Corp. is investing roughly P14 billion in two renewable energy companies to beef up its portfolio and hit its target capacity of 5,000 megawatts (MW) by 2025 […]
December 30, 2021

BIR, PSALM settle tax disputes with P517.71-million payment

By Luisa Maria Jacinta C. Jocson – December 29, 2021 | 10:02 pm from Business World THE Power Sector Assets and Liabilities Management Corp. (PSALM) and the Bureau of Internal Revenue (BIR) agreed to settle all their outstanding tax disputes, […]
December 30, 2021

Energy dep’t to lay down rules for conservation program

By Luisa Maria Jacinta C. Jocson – December 29, 2021 | 10:02 pm from Business World PHILSTAR THE Department of Energy (DoE) is planning to issue six circulars to lay down the rules for, among others, vehicle testing laboratories and […]
December 30, 2021

Power restoration proceeding slowly in Central Visayas — DoE

By Luisa Maria Jacinta C. Jocson – December 29, 2021 | 10:05 pm from Business World PHILSTAR THE Department of Energy (DoE) said power restoration is making progress in many areas hit by Typhoon Odette (international name: Rai), with rehabilitation […]