Power News

September 12, 2020

Energy dep’t releases LNG investment guide

By Adam J. Ang – September 9, 2020 | 7:06 pm from Business World REUTERS THE government has launched a guide for foreign investors interested in Liquefied Natural Gas (LNG) projects which was developed with US assistance. In a recent […]
September 11, 2020

AC Energy, partner sell stake in Infigen to Spain’s Iberdrola

By Lenie Lectura – September 10, 2020 from Business Mirror UAC Energy Holdings Pty Ltd (UAC), the joint venture between AC Energy, Inc. and UPCAC Renewables Australia, gave up its 20-percent investment in Australia’s Infigen Energy Ltd. (Infigen). UAC, which […]
September 11, 2020

P1.6B set aside for rural electrification efforts

By Jordeene B. Lagare – September 10, 2020 from The Manila Times A budget of P1.6 billion was allotted to energize over a thousand sitios (rural enclaves) across the country, the National Electrification Administration (NEA) said on Wednesday. In a […]
September 11, 2020

Meralco slashes rate to 3-year-low

By Jordeene B. Lagare – September 10, 2020 from The Manila Times This 2018 file photo shows linemen about to inspect electricity meters. (The Manila Times file photo) Consumers can expect another reduction in their electricity bills in September after […]
September 10, 2020

Meralco rates lower this Sept. billing

By Myrna M. Velasco – September 9, 2020, 1:03 PM from Manila Bulletin Consumers of Manila Electric Company (Meralco) will benefit from a slight reduction of P0.0623 per kilowatt hour (kwh) in this September billing — summing up five straight […]
September 9, 2020

NGCP upgrades facilities

By Lenie Lectura – September 8, 2020 from Business Mirror The National Grid Corp. of the Philippines (NGCP) has moved to modernize its facilities to make inspection activities, particularly during emergency restoration activities, faster. The grid operator said Tuesday that […]
September 9, 2020

Nuclear energy likely to displace coal plants in PH

By Alena Mae S. Flores – September 08, 2020 at 09:05 pm from manilastandard.net The reintroduction of nuclear power in the Philippines may displace coal-fired power plants, according to the latest commentary of Fitch Solutions Country Risk & Industry Research, […]
September 9, 2020

Expedited ERC applications to unlock pending investments

By Adam J. Ang – September 7, 2020 | 7:35 pm from Business World PHILSTAR THE Energy Regulation Commission (ERC) said expediting the approvals process for power projects is expected to unlock about P200 billion worth of project proposals currently […]
September 9, 2020

DoE says force majeure invocation on power deals up to contracting parties

By Adam J. Ang – September 6, 2020 | 6:44 pm from Business World PHILSTAR THE parties to a power contracts have the final say in relaxing the terms of their deals and invoking force majeure, the Department of Energy […]
September 8, 2020

PECO asks PCC to probe MORE Power

By Lenie Lectura – September 8, 2020 from Business Mirror Panay Electric Co. (PECO) wants the Philippine Competition Commission (PCC) and the Energy Regulatory Commission (ERC) to probe More Electric and Power Corp. (MORE Power) for allegedly committing anti-competitive practices […]