Power News

January 20, 2021

Extended ‘lifeline’ power subsidy for poor passes on 3rd reading in Senate

By Charmaine A. Tadalan – January 18, 2021 | 8:04 pm from Business World A MEASURE extending until 2031, the lifeline power rate subsidy granted to low-income households was approved in the Senate on third and final reading Monday. With […]
January 19, 2021

Meralco to relax disconnection rule, but Hontiveros wants ‘surcharges’ reviewed

By Butch Fernandez – January 19, 2021 from Business Mirror Power lines run beside a sign for the Manila Electric Co. (Meralco) Makati branch in Manila, the Philippines, on Monday, March 23, 2009. Manila Electric Co. is the largest Philippine […]
January 19, 2021

Geothermal investors seek ‘risk insurance perks’ for new projects

By Myrna M. Velasco – January 19, 2021, 7:00 AM from Manila Bulletin Geothermal investors in the country are batting for ‘insurance-type of incentives’ or ‘mitigation fund’ that seeks the “sharing of cost-risks” with the government, so investments in the […]
January 19, 2021

PSALM secures P202-M prepayment from Sorsogon electric cooperative

By Myrna M. Velasco – January 19, 2021, 8:00 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has cornered prepayment of P202.106 million from Sorsogon I Electric Cooperative (SORECO I), as part of the restructuring […]
January 19, 2021

Gov’t loses P1.2b on Malaya plant

By Alena Mae S. Flores – January 17, 2021 at 07:30 pm from manilastandard.net The government is losing around P1.2 billion annually from maintaining the 650-megawatt Malaya Thermal Power Plant in Pililla, Rizal, according to a report of the Department […]
January 18, 2021

DOE keeps new coal capacity target

By Myrna M. Velasco – January 18, 2021, 6:30 AM from Manila Bulletin The country’s love affair with coal technology is far from over, as the current official project list of the Department of Energy (DOE) still casts 11,289 megawatts […]
January 18, 2021

ERC still firming up ‘price ceiling’ for RE auction under RPS

By Myrna M. Velasco – January 18, 2021, 6:00 AM from Manila Bulletin The Energy Regulatory Commission (ERC) is still firming up the pricing formula for the targeted ‘tariff ceiling’ that shall be instituted for the 2,000 megawatts of renewable […]
January 18, 2021

First Gen allots P6b to develop 120-MW hydro power project

By Alena Mae S. Flores – January 17, 2021 at 07:50 pm from manilastandard.net First Gen Hydro Power Corp. of the Lopez Group is investing P6 billion to develop the 120-megawatt Aya pumped-storage project in Pantabangan, Nueva Ecija. FGHPC, the […]
January 16, 2021

DOE moves to avert ‘summer brownouts’

By Myrna M. Velasco – January 15, 2021, 2:43 PM from Manila Bulletin With plant shutdowns bringing power grids to breaking points again, the Department of Energy (DOE) nudged power plant owners to re-align their maintenance activities to avoid brownouts […]
January 15, 2021

First Balfour bags EPC deal for EDC plant in Albay

By Jordeene B. Lagare – January 15, 2021 from The Manila Times First Balfour Inc. has won the engineering, procurement and construction (EPC) contract for Lopez-led Energy Development Corp.’s (EDC) 23-megawatt Palayan Binary geothermal power plant project in Manito town, […]