Power News

December 1, 2020

Government seeks comments on draft CSP rules

By Lenie Lectura – November 30, 2020 from Business Mirror The Department of Energy (DOE) is soliciting comments from industry stakeholders on a draft circular (DC) that seeks to amend some provisions of the Competitive Selection Process (CSP) policy. “The […]
December 1, 2020

Lucio Tan, foreign partners pursue P82.5-b LNG project

By Alena Mae S. Flores – November 30, 2020 at 08:00 pm from manilastandard.net Batangas Clean Energy Inc., a company led by US investors and airline and tobacco tycoon Lucio Tan, is moving forward with a P82.5-billion investment in a […]
November 30, 2020

WESM defers new trading platform

By Myrna M. Velasco – November 30, 2020, 7:00 AM from Manila Bulletin The Independent Electricity Market Operator of the Philippines (IEMOP) has deferred to middle of next year the commercial operations of the new market management system (NMMS) or […]
November 30, 2020

DOF warned on PSALM debt swell

By Myrna M. Velasco – November 30, 2020, 7:00 AM from Manila Bulletin The Department of Finance (DOF) has been warned that the financial liabilities of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) would swell because of the […]
November 28, 2020

AC Energy raises $300M from green dollar bond issue

By Alena Mae S. Flores – November 27, 2020 at 08:05 pm from manilastandard.net AC Energy and Infrastructure Corp., formerly AC Energy Inc., the energy platform of Ayala Corp., said Friday it issued US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green […]
November 28, 2020

Transition to renewable energy pushed

By Maria Romero – November 26, 2020 03:00 AM @tribunephl_mbr from Daily Tribune The private sector has joined the call to accelerate efforts to develop sustainable and affordable energy supply in the country amid a surge in demand brought about […]
November 27, 2020

PSALM seen to leave gov’t with P208b in debt by 2026

By Alena Mae S. Flores – November 26, 2020 at 07:55 pm from manilastandard.net Power Sector Assets and Liabilities Management Corp. which was formed in 2001 to dispose of state-owned power assets will cease as a company by June 2026 […]
November 27, 2020

PH natural gas output plunged – DoE

By Jordeene B. Lagare – November 26, 2020 from The Manila Times Natural gas production in the Philippines has reached 107,902 million standard cubic feet (MMcf), lower than the 155,495 MMcf posted last year, according to latest data from the […]
November 27, 2020

DoE urged to expedite clean energy transition

By Angelica Y. Yang – November 25, 2020 | 7:49 pm from Business World   THE Department of Energy (DoE) must step up its clean energy efforts and implement policy that will bring about the “full and swift” transition of the […]
November 26, 2020

‘Mindanao spot market to start in 2021’

By Lenie Lectura – November 25, 2020 from Business Mirror THE Independent Electricity Market Operator of the Philippines (IEMOP) said Wednesday that there will be a delay in the start of operations of the Mindanao spot market. The WESM in […]