Power News

September 27, 2021

Mindanao needs additional capacity by 2030–MinDA

BY LENIE LECTURA – SEPTEMBER 27, 2021 from Business Mirror Mindanao has about 800 megawatts (MW) of excess power capacity today, according to the Mindanao Development Authority (MinDA), but by 2030 it will need additional capacity to serve the region’s […]
September 27, 2021

‘Power reserves market to launch in 2022’

BY LENIE LECTURA – SEPTEMBER 27, 2021 from Business Mirror Photo from www.iemop.ph THE target date for the trading of power reserves in the spot market would be moved to 2022, the Independent Electricity Market Operator of the Philippines (IEMOP) […]
September 27, 2021

70:30 Malampaya royalty sharing dangled

By Myrna M. Velasco – September 26, 2021, 10:00 PM from Manila Bulletin A more generous 70:30 royalty sharing in favor of the government is coming forth as the tenor in negotiations on the proposed license extension for the Malampaya […]
September 27, 2021

NEA gets P1.8-B electrification budget

By Myrna M. Velasco – September 26, 2021, 7:30 PM from Manila Bulletin Government-run National Electrification Administration (NEA) got an allocation of P1.8 billion budget only for its electrification mandate, enormously falling short of the P18 billion funding needed to […]
September 25, 2021

Energy dep’t may halt subsidies to remote areas that link to grid

By Angelica Y. Yang – September 23, 2021 | 8:46 pm from Business World THE DEPARTMENT of Energy (DoE) is proposing to halt the Universal Charge for Missionary Electrification (UC-ME) subsidy for remote areas that connect with the main power […]
September 25, 2021

Next Malampaya could be in Mindanao

By Maria Romero – September 24, 2021 01:45 PM from Daily Tribune Amid the impending depletion of the $4.5 billion Malampaya deep water gas-to-power project , authorities are racing against time to develop another natural gas field that can supply […]
September 24, 2021

ERC orders DUs to refund P20B

BY LENIE LECTURA – SEPTEMBER 23, 2021 from Business Mirror The Energy Regulatory Commission (ERC) said Thursday that it has so far issued refund orders worth P20 billion from January 2020 to September 2021. “Upon evaluation and verification of the […]
September 24, 2021

ERC names 8 GenCos for penalties

By Myrna M. Velasco – September 23, 2021, 1:49 PM from Manila Bulletin At least eight power generation companies (GenCos) have been formally tagged by the Energy Regulatory Commission (ERC) for penalties for breaching allowable forced outages in their electric […]
September 23, 2021

‘PHL must tap renewable energy sources’

BY LENIE LECTURA – SEPTEMBER 22, 2021 from Business Mirror Energy industry stakeholders said decisive action is key to making the Philippines energy independent and resilient. During the recent webinar, “Energy in Sustainability: Renewable Energy Solutions at the Core of […]
September 23, 2021

ERC orders PEMC to refund customers for congestion charges

By Alena Mae S. Flores – September 22, 2021 at 08:05 pm from manilastandard.net The Energy Regulatory Commission on Wednesday ordered Philippine Electricity Spot Market Corp. to refund customers affected by congestion arising from the outage of the Cebu-Negros Submarine […]