Power News

November 21, 2019

Ayala Energy taps ₱8-B loan to fund projects

By Myrna M. Velasco – November 19, 2019 from Manila Bulletin AC Energy Philippines Inc. (ACEPH), the energy investment arm of the Ayala group will be tapping ₱8.0 billion worth of short-term credit facilities as approved by the firm’s board […]
November 20, 2019

NGCP energizes Toril substation transformers

By Lenie Lectura -November 20, 2019 from Business Mirror THE National Grid Corporation of the Philippines (NGCP) said Tuesday it has energized two transformers in its Toril substation located in Davao. The 300MVA Transformers 1 and 2 in its Toril […]
November 20, 2019

Yuchengco energy arm gets DOE wind power service deal

By Lenie Lectura -November 20, 2019 from Business Mirror PETROGREEN Energy Corporation (PGEC), the renewable energy holding unit of Yuchengco led-PetroEnergy Resources Corporation (PERC), has been awarded a wind power service contract  by the Department of Energy (DOE). PGEC said it […]
November 20, 2019

DOE slaps one-month suspension on Semirara

By Alena Mae S. Flores – November 19, 2019 at 08:20 pm from manilastandard.net The Department of Energy imposed a one-month selective coal trading suspension and fines against integrated mining company Semirara Mining and Power Corp. for allegedly violating coal […]
November 19, 2019

‘ERC’s year-end approval of PSA to lower power cost’

By Lenie Lectura -November 19, 2019 from Business Mirror In Photo: An overhead power line used for electricity transmission and distribution across large distances is seen in Bulacan.   THE Energy Regulatory Commission (ERC) is expected to approve some of […]
November 19, 2019

Panay Electric not selling assets to Razon group

By Myrna M.Velasco – November 18, 2019, 10:00 PM from Manila Bulletin The Cacho-owned Panay Electric Company (PECO) has firmly stated that it is not going to sell its power utility assets to the Razon group’s MORE Electric and Power […]
November 19, 2019

ERC rejects Meralco’s bid to extend supply deal

By Alena Mae S. Flores – November 18, 2019 at 09:35 pm from manilastandard.net The Energy Regulatory Commission denied the application of power retailer Manila Electric Co. to extend its power supply agreement with Therma Luzon Inc. of the Aboitiz […]
November 18, 2019

Biomass and coal co-combustion still up for technology improvement

By Myrna M. Velasco – Updated November 18, 2019, 10:47 AM from Manila Bulletin The co-combustion of coal and biomass fuels for electricity generation is still fledgling on efficiency rate, hence, experts have been batting for advancements on the technology […]
November 18, 2019

ERC shuns representation in CSP proceedings of DUs

By Myrna M. Velasco – Updated November 18, 2019, 11:06 AM from Manila Bulletin The Energy Regulatory Commission (ERC) is repudiating proposals for it to assign or send observer-representative in the competitive selection process (CSP) for power supply agreements (PSAs) […]
November 18, 2019

Meralco nixes bid to compensate net metering customers at full rate

By Lenie Lectura -November 18, 2019 from Business Mirror A PROPOSAL to compensate the residential net metering (NM) customers at full rate will lead to higher power rates for all Manila Electric Co. (Meralco) customers, the utility firm has warned. […]