Power News

June 24, 2021

Drop in power demand cuts spot market prices–IEMOP

BY LENIE LECTURA – JUNE 23, 2021 from Business Mirror The average Wholesale Electricity Spot Market (WESM) price dropped to P6.53 per kilowatt hour (kWh) from June 1 to 20 as demand for electricity eased compared to last month. “For […]
June 24, 2021

NCIP shutters Benguet hydropower plants

BY LENIE LECTURA – JUNE 23, 2021 from Business Mirror The National Commission on Indigenous Peoples in the Cordillera Administrative Region (NCIP-CAR) has ordered Aboitiz Power Corp.’s unit to halt the operations of its run-of-river hydropower plants in Benguet. Aboitiz […]
June 23, 2021

ERC begins audit of NGCP facilities

BY LENIE LECTURA – JUNE 22, 2021 from Business Mirror THE Energy Regulatory Commission (ERC) said it started the virtual inspection of the transmission facilities of the National Grid Corporation of the Philippines (NGCP) last June 10. “The ongoing inspections […]
June 23, 2021

ACEN opens solar plant in Laguna

BY LENIE LECTURA – JUNE 22, 2021 from Business Mirror The country’s second largest solar plant in the country has started exporting renewable energy (RE) into the grid. AC Energy Corp.’s (ACEN) 120 MW GigaSol Alaminos solar plant in Laguna […]
June 23, 2021

Ilijan, First Gen plants affected with Malampaya gas restriction’s recurrence

By Myrna M. Velasco – June 22, 2021, 3:55 PM from Manila Bulletin As gas restriction predicament at the Malampaya field recurred on Monday (June 21), the country’s gas plants have been adversely impacted anew on their electricity generation and […]
June 23, 2021

DOE launches offshore wind roadmap

By Alena Mae S. Flores – June 22, 2021 at 07:19 pm from manilastandard.net The Department of Energy with support from the World Bank virtually launched the Philippine Offshore Wind Roadmap to take advantage of wind power potential of over […]
June 22, 2021

PSALM pares down debt to ₧357.7B in May

BY LENIE LECTURA – JUNE 22, 2021 from Business Mirror Facade of the Agus I Hydroelectric Power Plant in Lanao del Sur owned by the Power Sector Assets and Liabilities Management Corp. THE Power Sector Assets and Liabilities Management Corp. […]
June 22, 2021

Rains help avert Luzon blackouts

By Alena Mae S. Flores – June 21, 2021 at 07:40 pm from manilastandard.net Cooler temperature brought by rains helped ease the tight power reserves in the Luzon grid, a government official said Monday. Grid operator National Grid Corp. of […]
June 22, 2021

Vivant doubles growth in power retail marketing

By Myrna M. Velasco – June 21, 2021, 3:40 PM from Manila Bulletin Despite a Covid-limped year, Garcia-led Vivant Energy Corporation is well on its way to doubling the growth of its capacity in the retail electricity market – with […]
June 21, 2021

Power generation firms have capacity for AS deals–PIPPA

BY LENIE LECTURA – JUNE 21, 2021 from Business Mirror SEVEN power generation companies (gencos) have offered a total of 1,349 megawatts (MW) of their capacity to be utilized as reserves for the power-hungry Luzon grid, the Philippine Independent Power […]