Power News

October 13, 2020

Electric cooperatives asked to offer grace period, staggered payment for bills

By J.P. Ibañez – October 9, 2020 | 5:25 pm from Business World PHILSTAR THE National Electrification Administration (NEA) has again asked all electric cooperatives to offer a grace period and staggered payment methods for electricity bills due during the […]
October 12, 2020

Rising power demand signals economic recovery – Meralco

By Myrna M. Velasco – October 12, 2020, 7:00 AM from Manila Bulletin For the first time this year, electricity demand in September breached comparative consumption in the same month in 2019, and this was gauged by Manila Electric Company […]
October 12, 2020

‘Udenna Corp must show it can run Malampaya’

By Lenie Lectura – October 12, 2020 from Business Mirror THE chairman of the Senate Committee on Energy said Udenna Corp. of Davao businessman Dennis Uy must prove it has the technical expertise to operate the Malampaya gas facility should […]
October 12, 2020

DOE allows power firms to conduct GIS

By Lenie Lectura – October 12, 2020 from Business Mirror THE Department of Energy (DOE) has granted approval to two more firms to conduct their grid impact study (GIS) on their planned power projects. Excellent Energy Resources, Inc., which, according […]
October 10, 2020

Meralco rates up this October billing

By Myrna M. Velasco – October 9, 2020, 1:48 PM from Manila Bulletin Customers of Manila Electric Company (Meralco) will have to shell out additional cash on their electricity budget as the overall rate of the utility firm would be […]
October 9, 2020

NEA loans to electric coops reach P364.5 M

By Myrna M. Velasco – October 9, 2020, 5:00 AM from Manila Bulletin The loans extended by the National Electrification Administration (NEA) to the country’s electric cooperatives (ECs) reached P364.5 million as of end-September, and that already topped the scale […]
October 9, 2020

Here comes the sun…and the wind, and water

By Lenie Lectura – October 8, 2020 from Business Mirror FOSSIL fuels, oil in particular, were hit hard as land, air and sea travel ground to a screeching halt during the first few months of the pandemic. Coal-fired power plants, […]
October 9, 2020

SMC Global Power’s board approves issuance of $300-million securities

October 08, 2020 at 06:07 pm by Alena Mae S. Flores from manilastandard.net SMC Global Power Holdings Corp., the power arm of San Miguel Corp., said Thursday its board approved the issuance of $300 million in undated senior perpetual capital […]
October 8, 2020

ERC eyes full RCOA implementation by 2023

By Jordeene B. Lagare – October 8, 2020 from The Manila Times THE Energy Regulatory Commission (ERC) is seeking to fully implement the retail competition and open access (RCOA), a scheme that allows electricity end-users to choose their power supplier, […]
October 8, 2020

Aboitiz renews supply contract with Batangas power utility

By Myrna M. Velasco – October 8, 2020, 6:00 AM from Manila Bulletin Aboitiz Power Corporation has renewed its power supply agreement (PSA) with First Bay Power Corporation (FBC), to fulfill the latter’s procurement of 10 megawatts of its power […]