Power News

October 29, 2021

ERC flags Negros electric coop for rates pass-on violation

By Myrna M. Velasco – October 28, 2021, 3:57 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has flagged Central Negros Electric Cooperative Inc. (CENECO) on pass-on of charges to its customers even if these were anchored on contracts […]
October 29, 2021

Solon to NEA: Ensure Baguio’s power supply

BY LENIE LECTURA – OCTOBER 28, 2021 from Business Mirror The Senate Energy Committee strongly urged the National Electrification Administration (NEA) to ensure uninterrupted supply of electricity in Baguio City and all 13 towns in Benguet province amid the leadership […]
October 29, 2021

GBPC sets sights on more renewable energy projects

BY LENIE LECTURA – OCTOBER 28, 2021 from Business Mirror Global Business Power Corp. (GBPC), a wholly-owned subsidiary of Meralco PowerGen Corp. (MGen), has lined up more renewable energy (RE) projects starting next year, including two solar power projects worth […]
October 28, 2021

Meralco opens door to nuclear power option

By Myrna M. Velasco – October 27, 2021, 4:14 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) is the first private sector player in the country’s power industry to open its doors to nuclear power option – […]
October 28, 2021

DOE issues rules on contracting AS

BY LENIE LECTURA – OCTOBER 27, 2021 from Business Mirror THE Department of Energy (DOE) on Wednesday released a circular that establishes the competitive bidding process for the procurement of reserve power by the country’s system operator (SO). Signed last […]
October 28, 2021

NEA extends deadline for REDP submission

BY LENIE LECTURA – OCTOBER 27, 2021 from Business Mirror The National Electrification Administration (NEA) is extending the deadline for the submission of the Renewable Energy Development Plan (REDP) to provide more time for electric cooperatives (ECs) to chart their […]
October 27, 2021

ERC penalizes more firms over unscheduled outages

BY LENIE LECTURA – OCTOBER 26, 2021 from Business Mirror   Two more power generation firms were penalized by the Energy Regulatory Commission (ERC) for breaching the maximum allowable unplanned outage days for the year. Team Sual Corp. (TSC) was […]
October 27, 2021

NGCP allots P440-B investments for 211 projects

By Myrna M. Velasco – October 26, 2021, 3:34 PM from Manila Bulletin Transmission firm National Grid Corporation of the Philippines (NGCP) is scheduling P440 billion worth of investments that will be funneled to 211 projects to be concretized in […]
October 27, 2021

Meralco to procure ‘emergency supply’ for election period

By Myrna M. Velasco – October 26, 2021, Energy utility giant Manila Electric Company (Meralco) will carry out ‘emergency procurement’ of power capacity to ensure uninterrupted electricity service in next year’s election period. In a briefing with reporters, Atty Jose […]
October 26, 2021

Meralco expects core profit to improve despite costly oil

BY LENIE LECTURA – OCTOBER 25, 2021 from Business Mirror   The Manila Electric Co.’s (Meralco) improved financial performance in the January-to-September period will allow the utility firm to surpass its core profit last year. Meralco Chairman Manuel V. Pangilinan […]