Power News

June 13, 2020

Meralco unit resumes work on 2 power plants

By Myrna M. Velasco – June 12, 2020, 10:00 PM from Manila Bulletin The power generation investment arm of Manila Electric Company (Meralco) has resumed development works and construction activities at its project-sites in Atimonan, Quezon and San Miguel, Bulacan […]
June 13, 2020

Ayala raises stake in Australian energy firm

By Myrna M. Velasco – June 12, 2020, 10:00 PM from Manila Bulletin The energy investment unit of Ayala Corporation has slightly increased its equity acquisition in Australian renewable energy firm Infigen Energy Ltd. In a disclosure to the Philippine […]
June 11, 2020

ERC issues show-cause order against Meralco over bills

By Lenie Lectura – June 11, 2020 from Business Mirror The Energy Regulatory Commission (ERC) issued a show-cause order to the Manila Electric Co. (Meralco) for allegedly violating directives related to bill advisories. Meralco, in the ERC order dated May […]
June 11, 2020

ERC sets virtual hearings, online filings for power sector

By Myrna M. Velasco – June 9, 2020, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is instituting an interim policy that will set forth virtual hearings as well as electronic filings of applications and pleadings for cases […]
June 10, 2020

MORE Power to ERC: Junk Peco’s appeal

By Lenie Lectura – June 9, 2020 from Business Mirror More Electric and Power Corp. (MORE Power) is asking the Energy Regulatory Commission (ERC) to dismiss the appeal of Panay Electric Co.’s (Peco), which seeks to reinstate its provisional certificate […]
June 10, 2020

Ayala unit to help develop 2 wind farms in Vietnam

By Lenie Lectura – June 9, 2020 from Business Mirror AC Energy Inc. and UPC Renewables Group will jointly develop two wind power projects with an aggregate capacity of 60 megawatts (MW) in Vietnam. The wind power projects—Lac Hoa and […]
June 9, 2020

5.7 M consumers seen to benefit from 20-year extension of subsidy

By Myrna M. Velasco – June 8, 2020, 10:00 PM from Manila Bulletin Roughly 5.7 million marginalized Filipino household consumers are expected to benefit from the targeted 20-year extension of the subsidized electricity rates bestowed to end-users that are in […]
June 9, 2020

Power co-ops take out P238-M loans in Jan-May

By Jordeene B. Lagare – June 7, 2020 from The Manila Times Various electric cooperatives (ECs) have secured more than P238 million in loans in the first five months of the year, the National Electrification Administration (NEA) said on Friday. […]
June 8, 2020

2.8 M Meralco customers have no actual readings

By Myrna M. Velasco – June 7, 2020, 10:00 PM from Manila Bulletin Meralco customers will receive two-tiered billings this month but some 2.8 million of them have yet wait pending the actual meter readings on their consumption during the […]
June 8, 2020

Recurrent power plant outages to be penalized

By Myrna M. Velasco – June 7, 2020, 10:00 PM from Manila Bulletin Power plants that encounter perennial forced outages shall be meted with penalties based on a new performance assessment and audit being pushed by the Department of Energy. […]