Power News

July 25, 2019

Pryce Gases set to drill well in southwest Palawan Basin

By Lenie Lectura – July 25, 2019 from Business Mirror PRYCE Gases Inc. (PGI), a distributor of liquefied petroleum gas, is set to drill a well in the southwest Palawan Basin. “Pryce Gases Inc., along with a consortium partner, has decided […]
July 25, 2019

Think tank prods Duterte to issue EO on RE development

By Lenie Lectura – July 24, 201960 from Business Mirror File photo from Presidential Communications. ENERGY and environmental think tank Center for Energy, Ecology and Development (CEED) has strongly urged the Duterte administration to issue an Executive Order (EO) focusing […]
July 24, 2019

Meralco sees ‘better’ financial results for H1 on higher sales

By Lenie Lectura – July 24, 2019 from Business Mirror THE Manila Electric Co. (Meralco) sees “better” financial results in the first half of the year, mainly on account of improved electricity sales. “It’s better than last year, helped by […]
July 24, 2019

Meralco switches on microgrid in Quezon’s Cagbalete Island

By Lenie Lectura – July 24, 2019 from Business Mirror THE Manila Electric Co. (Meralco) has switched on its second microgrid project that will benefit more than 800 families in Cagbalete Island, Quezon province. A microgrid is a small-scale power […]
July 23, 2019

PSALM earmarks operating budget of P184.96 B this year

By Myrna M. Velasco – July 22, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has earmarked a humongous corporate operating budget of P184.967 billion this year so it can settle maturing financial […]
July 23, 2019

ERC prepares draft on outage allowance

By Alena Mae S. Flores – July 22, 2019 at 07:05 pm from manilastandard.net The Energy Regulatory Commission proposed new levels of outage allowance for unplanned and planned shutdown of power plants to monitor their reliability and promote the accountability […]
July 23, 2019

SMC, MGen keen on joining bidding for Meralco’s PSAs

By Lenie Lectura – July 23, 2019 from Business Mirror SAN Miguel Corp. (SMC) and Meralco PowerGen Corp. (MGen) are interested to participate in the Manila Electric Co.’s (Meralco) three power-supply contracts that are up for bidding via competitive selection […]
July 22, 2019

Paleco touts big drop in duration, frequency of service disruptions

By Lenie Lectura – July 22, 2019 from Business Mirror THE Palawan Electric Co. (Paleco) cited over the weekend improvements in electricity services to its customers, particularly a significant reduction in the duration and frequency of power interruption. “If we […]
July 22, 2019

SPPC wants to buy gas from Excelerate’s planned LNG facility

By Lenie Lectura – July 22, 2019 from Business Mirror SOUTH Premier Power Corp. (SPPC), a unit of SMC Global Power Holdings Corp., is interested to purchase gas from US-based Excelerate Energy’s planned LNG (liquefied natural gas) facility in Batangas. […]
July 22, 2019

TransCo to seek higher FIT-All for RE subsidy

By Myrna M. Velasco – July 21, 2019, 10:00 PM from Manila Bulletin Fund administrator National Transmission Corporation (TransCo) will file for slight upward adjustment in the feed-in-tariff allowance (FIT-All), the rate component being collected from consumers as their out-of-pocket […]