Power News

February 3, 2020

DOE tells PEMC, Iemop to submit report on electricity spot market

By Lenie Lectura – February 3, 2020 from Business Mirror THE Philippine Electricity Market Corp. (PEMC) and the Independent Electricity Market Operator of the Philippines (Iemop) were directed by the Department of Energy (DOE) to submit this week a performance report […]
February 3, 2020

PSALM to stop collecting universal charge for SCC

By Lenie Lectura – February 3, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management (PSALM) Corp. will no longer collect from consumers P0.0543 per kilowatt-hour (kWh) Universal Charge for Stranded Contract Costs (UC-SCC) starting this month. “This […]
February 3, 2020

Vivant plans 1,000 MW of power output in 10 years

By Alena Mae S. Flores – February 02, 2020 at 07:30 pm from manilastandard.net Vivant Energy Corp. plans to put up 1,000 megawatts of power capacity by 2030, company officials said over the weekend. “We’re looking at by 2030, 1,000 […]
February 1, 2020

PSALM ready to start Malaya plant bidding

By Manila Standard Business – January 31, 2020 at 08:25 pm Power Sector Assets and Liabilities Management Corp. is ready to start its third round of public bidding for the 650-megawatt Malaya Thermal Power Plant and its underlying land in […]
February 1, 2020

DOE unable to attract new power projects

By MYRNA M. VELASCO – January 31, 2020, 10:00 PM from Manila Bulletin With just more than two years left for the Duterte administration, it is apparent that the Department of Energy (DOE) is having “epic fail” when it comes […]
February 1, 2020

Transfer of WESM operations legitimate

By Alena Mae S. Flores – January 31, 2020 at 08:05 pm from manilastandard.net Philippine Electricity Market Corp. on Friday assured that the transfer of the Wholesale Electricity Spot Market operations to the Independent Electricity Market Operator of the Philippines […]
January 31, 2020

Rural electrification program gets additional P700 million funding

By Danessa Rivera – January 31, 2020 – 12:00am from The Philippine Star MANILA, Philippines — Electrification projects are set to get an additional budget of P700 million this year, according to the National Electrification Administration (NEA). This as NEA […]
January 31, 2020

Malaya thermal plant operations up for bidding

By Danessa Rivera – January 31, 2020 – 12:00am from The Philippine Star MANILA, Philippines — State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is bidding out the one-year operation and maintenance service contract (OMSC) for  the 650-megawatt (MW) […]
January 31, 2020

Tight power supply, price spikes forecast for summer

By Lenie Lectura -January 31, 2020 from Business Mirror A lineman from Meralco checks on electric cables in San Andres, Manila, in this BusinessMirror file photo. WITH no new power supply to be generated anytime soon, the country’s independent electricity […]
January 30, 2020

Bid invite issued for Malaya

By Lenie Lectura -January 29, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management (PSALM) Corp. has issued a bid invite for the operation and maintenance service contract (OMSC) for the Malaya Thermal Power Plant (TPP). The state firm […]