Power News

September 22, 2020

Upgraded WESM system trial attracts few takers

By Adam J. Ang – September 21, 2020 | 7:02 pm from Business World THE operator of the wholesale power market’s trading floor said it is attracting low levels of participation from small producers for the trial run of its […]
September 22, 2020

Nuclear power possible by 2027, Energy dep’t says

By Adam J. Ang – September 20, 2020 | 6:55 pm from Business World REUTERS NUCLEAR ENERGY could be helping power the grid by 2027 at the earliest, according to the Department of Energy (DoE). “Gumawa po ng study ang DoE, in the […]
September 21, 2020

AC Energy: Business back on track

By Lenie Lectura – September 21, 2020 from Business Mirror AC Energy, the energy platform of conglomerate Ayala Corp., said it has resumed operations and its business is back on track even as it continues to grapple with the economic […]
September 21, 2020

NPC assets sale proceeds hit P915 B

By Myrna M. Velasco – September 21, 2020, 5:00 AM from Manila Bulletin Proceeds from the sale of National Power Corporation (NPC) assets have already reached P915 billion as of end-March this year but revenue collections only hit P612.41 billion, […]
September 21, 2020

Gatchalian warns of power outages with depletion of Malampaya field

By Alena Mae S. Flores – September 20, 2020 at 08:40 pm from manilastandard.net Senator Sherwin Gatchalian, chairman of the Senate committee on energy, expressed concern over the imminent depletion of natural gas from the Malampaya field in northwest Palawan. […]
September 19, 2020

Peak power demand rebound signals recovery — IEMOP

By Adam J. Ang – September 17, 2020 | 7:59 pm from Business World AN INCREASE in peak demand for electricity this month is an indication of the power sector’s recovery from the pandemic, according to the independent spot market […]
September 19, 2020

Higher power rates blamed on coal-fired power plant shutdowns

By Adam J. Ang – September 16, 2020 | 7:43 pm from Business World A SUSTAINABILITY think tank blamed the rise in average power rates last year on power plant shutdowns, which it deployed as an argument against the continued […]
September 18, 2020

Minimum bid price for Malaya plant set

By Jordeene B. Lagare – September 18, 2020 from The Manila Times THE minimum bid price for the sale of Malaya Thermal Power Plant (MTPP) and its underlying land was lowered to P2.2 billion, the Power Sector Assets and Liabilities […]
September 18, 2020

Plant outages, gas restriction cause new spikes in power rates

By Myrna M. Velasco – September 18, 2020, 5:00 AM from Manila Bulletin New wave of power plant outages and the recent gas output restriction at the Malampaya field triggered new round of spikes in prices at the Wholesale Electricity […]
September 18, 2020

Aboitiz Power leaps as PH’s top power generator

By Myrna M. Velasco – September 17, 2020, 8:40 AM from Manila Bulletin Aboitiz Power Corporation is now ahead of the race, having cemented itself as the top power generator in the country with total national installed capacity of 4,973.435 […]