Power News

January 25, 2020

FIT-All line item in electric bills to go down this year

By Myrna M. Velasco – January 24, 2020, 10:00 PM from Manila Bulletin The feed-in-tariff allowance (FIT-All) line item in the electric bills of Filipino consumers will go down this year, according to highly placed industry sources. It was hinted […]
January 25, 2020

Electric co-ops secure P700-m loans from NEA

By Alena Mae S. Flores – January 24, 2020 at 09:30 pm from manilastandard.net State-run National Electrification Administration through its Enhanced Lending Program extended over P700 million worth of loans to electric cooperatives last year, surpassing its full-year target of […]
January 25, 2020

DOE to issue circular for green energy pricing this month

By Alena Mae S. Flores – January 23, 2020 at 07:45 pm from manilastandard.net The Energy Department plans to issue the circular governing the green energy pricing program this month. “Yes, it is possible for first-quarter launch. After the issuance […]
January 24, 2020

PSALM taps Isla Lipana for NPC feasibility study

By Lenie Lectura -January 24, 2020 from Business Mirror State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has issued a notice to proceed to the Philippine member-firm of the PricewaterhouseCoopers (PwC) global network for the consultancy work on the […]
January 24, 2020

Price for renewable-energy certificates out next month

By Lenie Lectura -January 24, 2020 from Business Mirror The National Renewable Energy Board (NREB) is expected to come up with its proposed pricing for renewable-energy certificates (RECs) anytime next month. NREB Chairman Monalisa Dimalanta on Thursday said via SMS […]
January 24, 2020

Power price spikes, brownouts seen likely

By MYRNA M. VELASCO – January 23, 2020, 10:00 PM from Manila Bulletin In this year’s summer months, Filipino consumers are being warned this early that they will be assaulted anew with double whammy of electricity price spikes and power […]
January 23, 2020

Storms’ damage to electric co-ops facilities at P1.49 billion

By Lenie Lectura -January 23, 2020 from Business Mirror Damage to electric cooperatives’ (ECs) facilities brought about by the recent typhoons reached P1.491 billion, the National Electrification Administration (NEA) said Wednesday. The NEA-Disaster Risk Reduction and Management Department (NEA-DRRMD) reported […]
January 23, 2020

SMC Global sells $600 million worth of senior securities

By Alena Mae S. Flores – January 22, 2020 at 07:35 pm from manilastandard.net San Miguel Corp.’s subsidiary SMC Global Power Holdings Corp. raised $600 million from the issuance of senior perpetual capital securities to finance battery energy projects and […]
January 23, 2020

DOE: Malampaya ‘19 gas output slightly up

By Alena Mae S. Flores – January 22, 2020 at 07:10 pm from manilastandard.net Production from the Malampaya gas field in northwest Palawan rose slightly in 2019 to 155,690 million standard cubic feet from 154,621 mmscf in 2018. Data from […]
January 22, 2020

DOE leads interagency body for energy efficiency projects

By Lenie Lectura -January 22, 2020 from Business Mirror The Department of Energy (DOE) has organized a committee tasked to evaluate and approve government energy efficiency projects. Aside from its main task, the Inter-Agency Energy Efficiency and Conservation Committee (IAEECC) […]