Power News

April 10, 2021

TransCo explores options to stabilize FIT-All fund

By Danessa Rivera – April 10, 2021 – 12:00am from The Philippine Star MANILA, Philippines — State-run National Transmission Corp. (TransCo) is exploring options to stabilize the feed-in tariff allowance (FIT-All) fund amid delays in regulatory approvals caused by the […]
April 9, 2021

Power spot market prices up due to higher demand

By Jordeene B. Lagare – April 9, 2021 from The Manila Times The outage of power plants and higher electricity demand inched up prices at the Wholesale Electricity Spot Market (WESM). The Independent Electricity Market Operator of the Philippines, Inc. […]
April 9, 2021

DOE, HTI to explore hydrogen as energy source

By Lenie Lectura -April 9, 2021 from Business Mirror DOE Secretary Alfonso G. Cusi The Department of Energy (DOE) has signed a Memorandum of Understanding (MOU) with Tokyo-based Hydrogen Technology Inc. (HTI) to explore the use of hydrogen as a […]
April 8, 2021

Meralco rates up by P0.0872/kWh in April billing

By Myrna M. Velasco – April 8, 2021, 1:53 PM from Manila Bulletin The customers of power utility giant Manila Electric Company (Meralco) will brace for added financial burden in their electric bills this month as its overall rate had […]
April 8, 2021

Bid deadline for Malaya plant moved

By Jordeene B. Lagare – April 7, 2021 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (Psalm) has moved the bid submission deadline for the sale of the 650-megawatt Malaya Thermal Power Plant. In a statement […]
April 7, 2021

NEA forms task force to run Misamis Oriental cooperative

By Alena Mae S. Flores – April 06, 2021 at 08:45 pm from manilastandard.net The National Electrification Administration said Tuesday it intervened in the management of an electric cooperative in Misamis Oriental through the creation of a task force to […]
April 7, 2021

Plant outages, Malampaya gas restriction triggering power rate spikes

By Myrna M. Velasco – April 6, 2021, 11:45 AM from Manila Bulletin Despite stifled demand because of the re-imposition of enhanced community quarantine (ECQ) in the so-called NCR plus bubble, prices in the Wholesale Electricity Spot Market (WESM) have […]
April 6, 2021

ERC junks PSALM appeal to collect universal charge

By LENIE LECTURA – APRIL 6, 2021 from Business Mirror The Energy Regulatory Commission (ERC) has denied a motion for reconsideration sought by the Power Sector Assets and Liabilities Management Corp. (PSALM) to recover a total of P10.843 billion from […]
April 6, 2021

First Gen taps BW Gas as FSRU provider

By LENIE LECTURA – APRIL 6, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas A unit of First Gen Corp. (First Gen) has selected BW FSRU IV Pte Ltd. as its FSRU (Floating Storage […]
April 5, 2021

Aboitiz Power’s solar plant doubles capacity feed

By Myrna M. Velasco – April 5, 2021, 6:30 AM from Manila Bulletin With the completion of the south transmission line in Negros Occidental, Aboitiz Power Corporation said its Carlos Sun Power Inc. (SacaSun) has already started doubling its capacity […]