Power News

April 20, 2021

NEA Lends P102 Million To Electric Co-Ops

BY LENIE LECTURA – APRIL 20, 2021 from Business Mirror The National Electrification Administration (NEA) has extended P102 million in loans to electric cooperatives in the first quarter. Latest data from the NEA Accounts Management and Guarantee Department (AMGD) showed […]
April 19, 2021

FGen taps Jacobs to build Batangas LNG

By Danessa Rivera – April 19, 2021 – 12:00am from The Philippine Star MANILA, Philippines — Lopez-led First Gen Corp. has chosen Dallas-based Jacobs to build its interim liquefied natural gas (LNG) terminal in Batangas. In a company statement, Jacobs […]
April 19, 2021

‘Plants On Extended Outage To Limit Luzon Power Supply’

BY LENIE LECTURA – APRIL 19, 2021 from Business Mirror Apower shortage in Luzon looms mainly due to thin supply during the hot dry season until August, the National Grid Corporation of the Philippines (NGCP) warned. “Thin operating margin is […]
April 19, 2021

Electric coop asked to settle debts

By Myrna M. Velasco – April 19, 2021, 5:00 AM from Manila Bulletin A power supplier of Bantayan Island Electric Cooperative Inc. (BANELCO) in Cebu has demanded payment of P116.5 million of outstanding obligations that the utility firm allegedly failed […]
April 17, 2021

Gatchalian asks DOE to explain approval of Malampaya gas transfer to Uy’s group

By Alena Mae S. Flores – April 16, 2021 at 08:25 pm from manilastandard.net Senator Sherwin Gatchalian on Friday asked the Department of Energy to justify its decision approving the transfer of Chevron Philippines’ ownership in Chevron Malampaya LCC to […]
April 17, 2021

FGEN taps Jacobs on LNG terminal

By Alena Mae S. Flores – April 16, 2021 at 07:55 pm from manilastandard.net FGEN LNG Corp., a wholly-owned subsidiary of First Gen Corp., said it appointed Jacobs Projects (Philippines) Inc., an international technical services firm, to deliver engineering services […]
April 17, 2021

NGCP warns of thin summer power supply

By Myrna M. Velasco – April 16, 2021, 5:00 PM from Manila Bulletin Seeks gov’t interventionSystem operator National Grid Corporation of the Philippines (NGCP) is seeking intervention — primarily from the government as well as relevant stakeholders — so the […]
April 17, 2021

DOE to US investors: Explore opportunities in energy sector

By Lenie Lectura -April 16, 2021 from Business Mirror Energy Secretary Alfonso Cusi Energy Secretary Alfonso G. Cusi on Thursday called on American investors to take a look at the numerous energy investment opportunities in the Philippines. During a virtual […]
April 16, 2021

US firms urged to invest in geothermal projects

By Jordeene B. Lagare – April 16, 2021 from The Manila Times The Philippines is inviting companies in the United States to invest in the development of geothermal projects in the country. “It is unfortunate that the US seems to […]
April 16, 2021

Gov’t bares plan to shut old Mindanao coal power plants

By Alena Mae S. Flores – April 15, 2021 at 07:05 pm from manilastandard.net The government plans to acquire coal-fired power plants in Mindanao, especially the older power projects, with the aim of shutting them down once the Agus-Pulangi hydro […]