Power News

August 29, 2020

Power co-ops’ revenues dip 1.5% in Q1

By Jordeene B. Lagare – August 29, 2020 from The Manila Times Revenues of electric cooperatives (ECs) in the country declined in the first three months of 2020, the National Electrification Administration (NEA) reported on Friday. Total gross revenue of […]
August 29, 2020

Government urged to release Murang Kuryente subsidies

By Adam J. Ang – August 26, 2020 | 7:05 pm from Business World A CONSUMER group is seeking the immediate grant of subsidies on some universal charges in electricity bills, a year after a law granting such relief was […]
August 29, 2020

Energy experts urge expedited transition to renewable power

By Adam J. Ang – August 25, 2020 | 6:57 pm from Business World VESTAS THE Philippines must pick up the pace of its transition to clean power if it wants to make unacceptably risky for developers to build facilities […]
August 29, 2020

Energy efficiency industry asserts eligibility for 10 years’ worth of incentives

By Adam J. Ang – August 24, 2020 | 6:23 pm from Business World PHILSTAR THE energy efficiency industry said it is seeking fiscal incentives for 10 years, claiming that the industry is eligible for such treatment under the law […]
August 28, 2020

Vivant Energy unveils retail power service

By Lenie Lectura – August 28, 2020 from Business Mirror Vivant Energy Corp. has formally launched its retail electricity service, COREnergy, an entity task to sell, broker, market or aggregate electricity to the end-users. While it started operations last year, […]
August 28, 2020

Meralco penalized for ‘confusing’ bills

By Lenie Lectura – August 28, 2020 from Business Mirror The Manila Electric Co. (Meralco) was ordered by the Energy Regulatory Commission (ERC) to pay a fine of P19 million and provide over P200 million in discount to lifeline customers. […]
August 27, 2020

‘MORE Power system loss below ERC cap’

By Lenie Lectura – August 27, 2020 from Business Mirror More Electric and Power Corp. (MORE Power) said Wednesday it posted a system loss rate of 6 percent, which is still within the mandated cap of 6.5 percent set by […]
August 27, 2020

SMC Global keen on joining auction for Meralco power supply requirement

By Lenie Lectura – August 27, 2020 from Business Mirror SMC Global Power Holdings Corp., the power unit of conglomerate San Miguel Corp. (SMC), may participate in the competitive auction for 1,800megawatts (MW) of Manila Electric Co.’s (Meralco) power capacity […]
August 27, 2020

SMPC wins tax refund for diesel importation

By Myrna M. Velasco – August 27, 2020, 5:00 AM from Manila Bulletin Consunji-led Semirara Mining and Power Corporation (SMPC) has scored legal victory on its P27.341 million tax refund case on diesel fuel importation that was lodged against the […]
August 26, 2020

DOE eyeing P65 billion in LNG projects investments

By Myrna M. Velasco – August 26, 2020, 5:00 AM from Manila Bulletin The Department of Energy (DOE) is eyeing aggregate investments of P64.632 billion on the four liquefied natural gas (LNG) import terminal projects that it approved for installations […]