Power News

September 3, 2020

LGUs receive ER 1-94 funds

By Lenie Lectura – September 2, 2020 from Business Mirror AboitizPower Corp. said its fund remittances to its host communities have reached P508.2 million, which they can use for initiatives to combat Covid-19 under the government’s ER 1-94 program. The […]
September 2, 2020

DOE okays PNOC-EC re-entry in Palawan basin exploration

By Myrna M. Velasco – September 2, 2020, 6:00 AM from Manila Bulletin The Department of Energy (DOE) said it has already given go-signal on the targeted re-entry of state-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) for oil and gas […]
September 2, 2020

P3.5-B yearly subsidy eyed for lifeline power consumers

By Myrna M. Velasco – September 2, 2020, 6:00 AM from Manila Bulletin Consumers served by electric cooperatives (ECs) that are classified as ‘lifeliners’ had been proposed to receive discounts worth P1,000.00 annually on their electric bills–  or for all […]
September 2, 2020

ERC: MORE Power system loss at 6%

By Lenie Lectura – September 1, 2020 from Business Mirror The Energy Regulatory Commission (ERC) said it has verified the system loss report submitted by More Electric and Power Corporation (MORE Power). “Per the monthly report we have, MORE Power […]
September 2, 2020

DOE, ERC asked: Help plug electricity subsidy leakages

By Lenie Lectura – September 1, 2020 from Business Mirror POWER industry stakeholders were asked on Tuesday to come up with solutions on how to plug leakages in lifeline electricity rate subsidy that has now reached P937 million. “There is […]
September 1, 2020

Battery storage systems pushed on massive RE installations

By Myrna M. Velasco – August 31, 2020, 6:00 AM from Manila Bulletin The Philippine energy planners will be pushing for battery energy storage systems (BESS) as key support technology for the targeted mammoth renewable energy (RE) installations that will […]
September 1, 2020

EDC maintains capex on Covid challenges

By Lenie Lectura – August 31, 2020 from Business Mirror Glicerio Candido Jr. is one of EDC’s own frontliners who are working and living onsite to protect themselves and their families from COVID-19 as they continue to help the company […]
September 1, 2020

‘ADB should withdraw funding from new coal-fired projects’

By Cai Ordinario – August 31, 2020 from Business Mirror A coal-fired power plant in Limay, Bataan, produces much-needed electricity but contributes to air pollution as it emits black smoke from its chimney. The Independent Evaluation Department (IED) of the […]
August 31, 2020

Alsons sale of commercial papers gets SEC approval

By Lenie Lectura – August 31, 2020 from Business Mirror Alcantara-led Alsons Consolidated Resources Inc. (ACR) said over the weekend that the Securities and Exchange Commission (SEC) has given its nod to the company’s sale of commercial papers (CP) worth […]
August 31, 2020

Limited Malampaya output prompts fuel shift

By Myrna M. Velasco – August 31, 2020, 6:00 AM from Manila Bulletin The gas production restriction at the Malampaya field has prompted fuel shift of the country’s gas-fired power plants, which may consequently trigger hikes in electricity rates. As […]