Power News

July 6, 2021

House bill seeks to allow gov’t to own power plants, halt hydro privatization

By Bianca Angelica D. Añago – July 5, 2021 | 8:20 pm from Business World PSALM.GOV.PH A BILL has been filed at the House of Representatives which would allow the government to operate and own power plants in the interest […]
July 6, 2021

PHL hydro capacity additions seen topping 1 gigawatt by 2030

By Angelica Y. Yang – July 4, 2021 | 6:55 pm from Business World HEDCOR.COM THE PHILIPPINES is projected to increase its hydropower capacity by 1.1 gigawatts (GW) by 2030, with pumped storage plants accounting for more than half of […]
July 5, 2021

‘Manufacturing resurgence to boost Meralco profits’

BY LENIE LECTURA – JULY 5, 2021 from Business Mirror The Manila Electric Co. (Meralco) expects “better” profits for 2021 compared to last year due to improving electricity sales. “I think our volumes will be higher this year and I […]
July 5, 2021

DOE admits higher future rate hikes

By Myrna M. Velasco – July 5, 2021, 7:00 AM from Manila Bulletin The Department of Energy (DOE) said the 20-day Malampaya preventive maintenance shutdown scheduled in October this year will spark higher rate hikes toward the close of the […]
July 3, 2021

Electric coops prepare contingency measures amid Taal volcano’s eruption

By Myrna M. Velasco – July 2, 2021, 4:03 PM from Manila Bulletin Given heightened threats posed by the phreatomagmatic eruption of the Taal volcano, the National Electrification Administration (NEA) has instructed the electric cooperatives (ECs), especially those in Region […]
July 3, 2021

Transparency urged on Shell’s Malampaya stake sale to Udenna

By Myrna M. Velasco – July 2, 2021, 1:03 PM from Manila Bulletin The Department of Energy (DOE) is being urged to exercise ‘utmost transparency’ on its anticipated approval of the 45-percent Malampaya equity divestment of Shell Philippines Exploration B.V. […]
July 3, 2021

Meralco rates anticipated to go up this month

By Myrna M. Velasco – July 2, 2021, 12:39 PM from Manila Bulletin The ‘curse’ of strained electricity supply mainly precipitated by simultaneous plant outages will continue to haunt electricity consumers — as the overall rate of Manila Electric Company […]
July 2, 2021

AboitizPower planning floating solar project

By Jordeene B. Lagare – July 2, 2021 from The Manila Times A subsidiary of Aboitiz Power Corp. is close to completing a study to determine the viability of developing a floating solar power project. AboitizPower President and Chief Executive Officer Emmanuel Rubio said […]
July 2, 2021

ERC probe to zero in on ‘profit-takers’ during WESM price spikes

By Myrna M. Velasco – July 1, 2021, 4:02 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has stipulated that it will zero in investigations on generation companies (GenCos) that may have raked in “financial gains” from the series […]
July 2, 2021

NCIP forcibly shuts down Hedcor hydro plants in Benguet

BY LENIE LECTURA – JULY 1, 2021 from Business Mirror THE National Commission on Indigenous Peoples-Cordillera Administrative Region (NCIP-CAR) has implemented the cease and desist order (CDO) against Hedcor Inc.’s three hydro power facilities despite a directive from the energy […]