Power News

August 23, 2019

Sale of Malaya Thermal, land needs OK from PCC

By Lenie Lectura – August 23, 2019 from Business Mirror THE sale of the 650-megawatt (MW) Malaya Thermal Power Plant (Malaya TPP) and its underlying land would have to be cleared by the Philippine Competition Commission (PCC), the Power Sector […]
August 23, 2019

Distribution utilities with voided power-supply agreements may get 1-year reprieve from DOE to allow time for holding competitive selection process

By Lenie Lectura – August 22, 2019 from Business Mirror Power lines frame a street scene in Manila in this December 3, 2017, file photo. Power-supply agreements (PSAs) affected by the Supreme Court decision may apply for a temporary exemption […]
August 22, 2019

DOE crafts smart grid framework

By Myrna M. Velasco – August 21, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is paving the pathway for Philippine power utilities to elevate service quality as well as equipment and asset deployments into the latitude […]
August 22, 2019

Alsons net income more than doubles to P293 million in H1

By Myrna M. Velasco – August 21, 2019, 10:00 PM from Manila Bulletin Revved up by revenues from its Sarangani coal-fired power plant, the consolidated net income of Alsons Consolidated Resources, Inc. (ACR) of the Alcantara group had grown more […]
August 22, 2019

DUs with voided PSA may get 1-yr reprieve from DOE to allow time for holding CSP

By Lenie Lectura – August 22, 2019 from Business Mirror POWER-supply agreements (PSAs) affected by the Supreme Court decision may apply for a temporary exemption before the Department of Energy (DOE). Based on an advisory issued by the agency, the affected […]
August 22, 2019

Malampaya license extension targeted by year-end – DOE

By Myrna M. Velasco – August 21, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is firming up the submission of “final recommendations” on the targeted license extension of the multi-billion Malampaya deep water gas field project […]
August 22, 2019

NREB pitches extended application for FiT

By Lenie Lectura – August 22, 20197 from Business Mirror THE National Renewable Energy Board (NREB) will recommend to the Department of Energy (DOE) the extension of the deadline and expanded allocation target for run-of-river and biomass projects. At present, […]
August 21, 2019

First Gen to seek NTP extension for US$1-B LNG project

By Myrna M. Velasco – August 20, 2019 at 10:00 pm from Manila Bulletin Lopez-owned First Gen Corporation has indicated to the Department of Energy (DOE) that it will be seeking extension for the notice-to-proceed (NTP) of its US$1.0 billion […]
August 21, 2019

ACE Enexor eyeing strategic partner for exploration plans

By Lenie Lectura – August 21, 2019 from Business Mirror ACE Enexor Inc., formerly Phinma Petroleum and Geothermal Inc. (PPG), wants to bring in a strategic partner to aid the company in its future exploration plans. “We may be bringing in […]
August 21, 2019

NREB to hold 2,000-MW RE capacity auction in 2019

By Lenie Lectura – August 21, 2019 from Business Mirror A PROPOSAL to auction 2,000 megawatts (MW) of renewable-energy (RE) capacity under the green-energy tariff program is being eyed for implementation within this year. “Hopefully, we will get the approval […]