Power News

April 16, 2021

Cusi woos US firms to invest in geothermal, petroleum exploration in PH

By Myrna M. Velasco – April 15, 2021, 2:29 PM from Manila Bulletin After chiding the United States for technically snubbing the Philippines’ offer of energy investments, Energy Secretary Alfonso G. Cusi still tugged his way into courting American firms […]
April 15, 2021

RE market operations for off-grid still frozen

By Angelica Y. Yang – April 13, 2021 | 9:52 pm from Business World THE DEPARTMENT of Energy (DoE) said Tuesday that commercial renewable energy (RE) market operations for off-grid areas remain suspended. The renewable energy market allows for the […]
April 14, 2021

Meralco defers disconnection of unpaid accounts until end of April

By Alena Mae S. Flores – April 13, 2021 at 08:00 pm from manilastandard.net Manila Electric Co., the biggest retailer of electricity, said Tuesday it is suspending all disconnection activities in its franchise area until April 30 following the government’s […]
April 14, 2021

DOE okays transfer of 45% Chevron-Malampaya stake to Udenna

By Myrna M. Velasco – April 13, 2021, 2:40 PM from Manila Bulletin The Department of Energy (DOE) has officially approved the transfer of the divested 45-percent shareholdings of American firm Chevron Corporation in the multi-billion Malampaya gas field project […]
April 13, 2021

44 local energy service companies register with DOE

By Lenie Lectura -April 13, 2021 from Business Mirror The Department of Energy (DOE) has registered 44 Energy Service Companies (ESCOs) and is hoping that more would sign up with the agency. An ESCO is a business enterprise that develops, […]
April 13, 2021

BIPCOR asking Bantayan co-op to pay P116.5m

By Manila Standard Business – April 12, 2021 at 08:05 pm Bantayan Island Power Corp. said Monday it served Bantayan Island Electric Cooperative Inc. a notice of execution of management services agreement after the cooperative allegedly failed to pay its […]
April 13, 2021

Compliance with PH energy efficiency plan urged

By Myrna M. Velasco – April 12, 2021, 2:41 PM from Manila Bulletin National government agencies (NGAs) as well as local government units (LGUs) have been prodded to lead the way in complying with the mandated energy efficiency and conservation […]
April 13, 2021

FIT-All fund depletion feared

By Myrna M. Velasco – April 12, 2021, 5:30 AM from Manila Bulletin State-run National Transmission Corporation (TransCo) has warned that the feed-in-tariff allowance (FIT-All) fund could be depleted, adversely impacting the financial viability of the beneficiary-renewable energy (RE) firms. […]
April 12, 2021

DOE crafting rules for project’ tax perks

By Myrna M. Velasco – April 12, 2021, 6:00 AM from Manila Bulletin The Department of Energy (DOE) is laying down the guidelines and requirements for energy efficiency (EE) ventures seeking tax incentives with the Board of Investments (BOI). The […]
April 12, 2021

Electricity demand in Luzon, Visayas to breach 12,000MW

By Lenie Lectura -April 12, 2021 from Business Mirror Electricity peak demand in Luzon and Visayas is expected to hit over 12,000 megawatts (MW) in the months of April, May and June, the Independent Electricity Market Operator of the Philippines […]