Power News

June 4, 2020

PSALM logs ₱4.82 B in deferred collections

Due to ECQ By Myrna M. Velasco – June 3, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has logged ₱4.82 billion worth of ‘deferred collections’ because of the government’s enforcement of enhanced […]
June 3, 2020

Cusi assures Malampaya’s continued operation despite Galoc’s shutdown

By Alena Mae S. Flores – June 02, 2020 at 09:30 pm from manilastandard.net The Energy Department said Tuesday the $4.5-billion Malampaya natural gas project in northwest Palawan will continue to operate despite the low oil price regime that forced […]
June 2, 2020

Energy efficiency industry, angling for slice of PESA money, touts job-creation potential

By Adam J. Ang – June 1, 2020 | 7:18 pm from Business World PHILSTAR ENERGY efficiency projects have the potential to generate 45% more jobs than the government’s flagship infrastructure program, assuming extensive investment from the economic stimulus package, […]
June 2, 2020

Demand from retail electricity users declines during lockdown

By Adam J. Ang – May 31, 2020 | 7:59 pm from Business World POWER consumption of retail customers at the Wholesale Electricity Spot Market (WESM) fell drastically as their businesses were shut during the quarantine period. The Independent Electricity […]
June 1, 2020

FIT fund shortfall seen

By Myrna M. Velasco – May 31, 2020, 10:00 PM from Manila Bulletin Despite the ₱7.325- billion balance reported as of end- May, the feed-in-tariff allowance (FIT-All) fund for renewable energy (RE) developments is projected to suffer deficiency this year […]
June 1, 2020

DOE sets GCQ protocols for energy companies

By Myrna M. Velasco – May 30, 2020, 10:00 PM from Manila Bulletin As Metro Manila transitions to general community quarantine (GCQ) tomorrow, the Department of Energy (DOE) has issued protocols that its attached agencies and industry players would adhere […]
May 30, 2020

Higher spot market prices expected

By Jordeene B. Lagare – May 29, 2020 from The Manila Times Spot market prices for electricity are seen to increase on the assumption that quarantine restrictions in parts of Luzon and the Visayas would be eased further in June, […]
May 30, 2020

PECO invested P1.8 billion on network improvements

By Myrna M. Velasco – May 29, 2020, 3:36 PM from Manila Bulletin Panay Electric Company (PECO) poured in P1.8 billion worth of investments to upgrade, reinforce and expand its power distribution network in Iloilo City and sustained such asset […]
May 30, 2020

Meralco bares plan to boost generation capacity to 3,000 MW

By Alena Mae S. Flores – May 27, 2020 at 09:40 pm from manilastandard.net Power retailer Manila Electric Co. is looking at generating 3,000 megawatts in the next five years, including 1,000 MW from renewable energy. “We are targeting around […]
May 29, 2020

PALECO subjected to heavy flak

By Andrio Atienza – May 27, 2020 03:30 AM from Daily Tribune Power distributor Palawan Electric Cooperative (PALECO) was bombarded by complaints from member-consumers on what they term as misleading electric bills during the quarantine period. At the regular session […]