Power News

December 17, 2020

WESM sees power rates declining until January next year

By Alena Mae S. Flores – December 16, 2020 at 07:50 pm  from manilastandard.net Prices at the Wholesale Electricity Spot Market, the country’s trading floor of electricity, are expected to continue their downtrend until January, executives said Wednesday. John Paul […]
December 16, 2020

AboitizPower to sell bonds in Q1 2021

By Lenie Lectura – December 16, 2020 from Business Mirror ABOITIZ Power Corp. is set to issue in the first quarter of next year the first tranche of its P30-billion securities under the shelf registration program of the Securities and […]
December 16, 2020

NREB sets first renewables auction

By Lenie Lectura – December 16, 2020 from Business Mirror The country will hold its first renewable energy (RE) auction middle of next year, a move that will push for the compliance of power providers with the Renewable Portfolio Standards […]
December 16, 2020

Bantayan Island to complete electrification by 2022

By Myrna M. Velasco – December 16, 2020, 6:00 AM from Manila Bulletin Consumers being served by the Bantayan Island Electric Cooperative  (BANELCO) could expect full electrification of the entire area by year 2022, based on the energization program being […]
December 16, 2020

DOE readies green energy auction in June

By Alena Mae S. Flores – December 15, 2020 at 08:20 pm from manilastandard.net The Department of Energy will hold the Green Energy Auction program in June 2021, a move that will further increase renewable energy use in the country, […]
December 15, 2020

BANELCO vows to supply electricity to whole of Bantayan by 2022

By Alena Mae S. Flores – December 14, 2020 at 08:35 pm from manilastandard.net Bantayan Island Electric Cooperative Inc. on Monday said it will energize its entire franchise area by 2022 in support of the government’s electrification agenda. “While Bantayan […]
December 15, 2020

Solar PH lines up 1-GW solar projects

By Jordeene B. Lagare – December 12, 2020 from The Manila Times SOLAR Philippines is on schedule to construct solar power plants with a total capacity of more than 1 gigawatt (GW) in 2021. In a statement on Wednesday, Solar […]
December 15, 2020

Worst case for continuing with PHL coal projects seen at P372-B in long-term costs

By Angelica Y. Yang – December 11, 2020 | 7:23 pm from Business World The Philippines could sustain up to P372 billion in economic losses under a worst-case scenario of proceeding with all nine gigawatts of pending coal-fired power plants […]
December 14, 2020

DOE halts priority energy project certification

By Myrna M. Velasco – December 14, 2020, 7:00 AM from Manila Bulletin The Department of Energy (DOE) has suspended the issuance of “certificates of energy projects of national significance” (CEPNS) to various projects being proposed by industry players. In […]
December 14, 2020

NPC’s shift to RE means P13.5-B savings yearly

By Myrna M. Velasco – December 14, 2020, 7:00 AM from Manila Bulletin The shift of state-run National Power Corporation (NPC) to renewable energy (RE) technologies in powering the off-grid areas could yield savings of up to P13.5 billion annually […]