Power News

January 15, 2021

Household electrification rate hits 92.96% in Oct. — DoE

By Angelica Y. Yang – January 14, 2021 | 7:46 pm from Business World THE household electrification rate was 92.96% as of October, equivalent to 23.23 million households with access to power, the Department of Energy (DoE) said, citing data […]
January 15, 2021

Interface of IT platform for energy projects’ permitting targeted this year

By Myrna M. Velasco – January 15, 2021, 7:00 AM from Manila Bulletin The interface of the information technology (IT) platform for the permitting of energy projects under the Energy Virtual One-Stop Shop (EVOSS) is targeted for completion this year, […]
January 15, 2021

LNG companies eye more incentives in bill

By Alena Mae S. Flores – January 14, 2021 at 06:20 pm from manilastandard.net Industry players in the emerging liquefied natural gas industry are seeking more incentives to help ensure the development and sustainability of the natural gas sector. Industry […]
January 14, 2021

Meralco bares P13.9-b refund to customers in 24 months

By Alena Mae S. Flores – January 13, 2021 at 08:40 pm from manilastandard.net Manila Electric Co. said Wednesday it sought the approval of the Energy Regulatory Commission to refund customers P13.88 billion, equivalent to P0.1528 per kilowatt-hour, over a […]
January 14, 2021

AboitizPower unit secures financing from BDO, BPI

By VG Cabuag – January 13, 2021 from Business Mirror Aboitiz Power Corp. on Tuesday said its unit, SN Aboitiz Power-Benguet Inc., has obtained P18 billion in financing from two of the country’s largest banks. In its disclosure, the company […]
January 14, 2021

DOE enticing P10-T new energy investments

By Myrna M. Velasco – January 13, 2021, 2:55 PM from Manila Bulletin The Department of Energy (DOE) is reinvigorating the investment landscape so it can entice massive capital flow for P10 trillion worth of energy projects that had been […]
January 13, 2021

ERC pricing, regulation sought for 3rd party-procured LNG

By Myrna M. Velasco – January 13, 2021, 7:00 AM from Manila Bulletin A price-setting and regulation of liquefied natural gas (LNG) procured through third party access (TPA) shall be subject to a regulation of the Energy Regulatory Commission (ERC), […]
January 13, 2021

Nine power projects get SIS endorsement

By Jordeene B. Lagare – January 13, 2021 from The Manila Times NINE power projects, including a coal-fired power plant in Mindanao, has secured the Department of Energy’s (DoE) approval to conduct a system impact study (SIS) on their respective […]
January 12, 2021

AboitizPower takes full ownership of La Filipina

By Jordeene B. Lagare – January 12, 2021 from The Manila Times ABOITIZ Power Corp. is taking full ownership of La Filipina Electrika Inc. (LEFI) that the listed company intends to use as a vehicle to pursue renewable energy (RE) […]
January 12, 2021

DOE issues advisory clarifying moratorium on new coal projects

By Alena Mae S. Flores – January 11, 2021 at 07:40 pm from manilastandard.net The Department of Energy on Monday issued an advisory to clarify the moratorium on the processing of applications of greenfield coal-fired power plants, including exemptions to […]