Power News

August 20, 2021

DOE assures enough power supply in 2022

By Alena Mae S. Flores – August 17, 2021 at 07:15 pm from manilastandard.net Energy Secretary Alfonso Cusi said Tuesday the Department of Energy is in control of the power situation, including in the election period next year. “The DOE […]
August 19, 2021

ERC issues GEOP rules

BY LENIE LECTURA – AUGUST 18, 2021 from Business Mirror The Energy Regulatory Commission (ERC) has promulgated the regulatory framework for the Green Energy Option Program (GEOP), a new policy that allows end-users to choose renewable energy (RE) as their […]
August 19, 2021

Hedcor Bukidnon hydro plant now operating at full capacity

BY LENIE LECTURA – AUGUST 18, 2021 from Business Mirror Hedcor Inc., a wholly-owned subsidiary of Aboitiz Power Corp., said Wednesday two units of its hydropower facility in Bukidnon resumed operations last week. “As of August 10, 2021, units 3 […]
August 19, 2021

Synergy Grid to raise over P28.8 B from shares offer

By Myrna M. Velasco – August 18, 2021, 11:38 AM from Manila Bulletin Synergy Grid & Development Philippines Inc., which is a holding company affiliated with transmission firm National Grid Corporation of the Philippines (NGCP) is eyeing to raise more […]
August 19, 2021

No comprehensive DOE plan yet for brownout-free elections

By Myrna M. Velasco – August 17, 2021, 3:16 PM from Manila Bulletin The Department of Energy (DOE) is painting a scenario that electricity supply will be enough during the election period next year, but the supply-demand outlook it presented […]
August 18, 2021

‘Meralco may tap power from PSALM’

BY LENIE LECTURA – AUGUST 17, 2021 from Business Mirror Power lines run beside a sign of the Manila Electric Co. (Meralco) branch in Manila in this Bloomberg file photo. The Manila Electric Co. (Meralco) is considering the suggestion of […]
August 18, 2021

NGCP sets aside P440B for 13-year capex program

BY LENIE LECTURA – AUGUST 17, 2021 from Business Mirror The National Grid Corporation of the Philippines (NGCP) is earmarking P440 billion for capital expenditures (capex) from 2021 to 2033, as it intends to invest in 211 vital transmission projects […]
August 17, 2021

Government preparing renewable energy auction October

By Alena Mae S. Flores – August 16, 2021 at 07:35 pm from manilastandard.net The Department of Energy said Monday it expects to publish the notice of auction under the Green Energy Auction Program by the end of the month […]
August 17, 2021

SPC Power income down 14.5% to P794.3 M in 1st half

By Myrna M. Velasco – August 16, 2021, 3:09 PM from Manila Bulletin The consolidated net income of SPC Power Corporation dipped 14.5-percent to P794.3 million in the first six months of the year from a more robust earnings of […]
August 17, 2021

Gatchalian asks DOE to prepare for Malampaya shutdown

By Alena Mae S. Flores – August 13, 2021 at 05:48 pm from manilastandard.net Senator Sherwin Gatchalian on Friday asked energy officials to ensure there will be no power outages when the Malampaya deep-water gas-to-power project goes on a 20-day […]