Power News

July 20, 2019

GenCos urged to offer ‘least cost’ in Meralco supply tendering

By Myrna M. Velasco – July 19, 2019, 10:00 PM from Manila Bulletin With several power supply agreements (PSAs) expiring this year, power utility giant Manila Electric Company (Meralco) is soliciting PSA tenders for aggregate capacity of 2,900 megawatts both […]
July 20, 2019

Cusi: DoE monitoring power supply auctions

By Alena Mae S. Flores – July 19, 2019 at 08:20 pm from manilastandard.net Energy Secretary Alfonso Cusi said Friday the agency is carefully monitoring the competitive selection process of distribution utilities and electric cooperatives to ensure compliance with the […]
July 19, 2019

ERC prescribes adjusted market share limits for GenCos

By Myrna M. Velasco – July 18, 2019, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has prescribed adjusted limits of power capacity that generation companies (GenCos) can own or have control on the dispatch or market share […]
July 19, 2019

Meralco seeks ERC okay of P15.2-billion capex for 2020

By Lenie Lectura – July 19, 2019 from Business Mirror Meralco linemen repair a power cable in this file photo.   THE Manila Electric Com. (Meralco) has asked the Energy Regulatory Commission (ERC) to approve over P15.19 billion in capital […]
July 18, 2019

Zamcelco, Western Mindanao Power Corp. agree to extend compromise deal

By Lenie Lectura – July 18, 2019 from Business Mirror THE Zamboanga City Electric Cooperative (Zamcelco), through its investor-managers Crown Investments Holdings Inc. and Desco Inc., and Western Mindanao Power Corp. (WMPC) of the Alcantara-led Alsons Power Group, have agreed to extend […]
July 18, 2019

NGCP: Transmission system stable even at highest-demand peak period

By Lenie Lectura – July 18, 2019 from Business Mirror THE country’s transmission system remained reliable during the summer period when demand for electricity is at its peak, the National Grid Corp. of the Philippines (NGCP) said on Wednesday. The […]
July 18, 2019

Meralco offers to buy 500 megawatts more

By Alena Mae S. Flores – July 17, 2019 at 07:00 pm from manilastandard.net Manila Electric Co., the biggest retailer of electricity, issued a new bidding notice to buy 500 megawatts of power for mid-merit requirements over a five-year period. […]
July 17, 2019

Rising feedstock costs may force shutdown of bioethanol plants

By Myrna M. Velasco – July 16, 2019, 10:00 PM from Manila Bulletin The skyrocketing costs of feedstock for bioethanol production may force domestic producers to shutdown operations – especially if government measures to remedy the situation won’t come quick […]
July 17, 2019

American firm eyeing LNG investments in PH

By Myrna M. Velasco – July 16, 2019, 10:00 PM from Manila Bulletin New York-headquartered New Fortress Energy is the latest investor that approached the Department of Energy (DoE) for prospective investment in an onshore liquefied natural gas (LNG) import […]
July 17, 2019

SMPC asks DOE to ease conditions for lifting cease-and-desist order on coal trading

By Lenie Lectura – July 17, 2019 from Business Mirror SEMIRARA Mining and Power Corp. (SMPC) is asking the Department of Energy (DOE) to amend the conditions cited in lifting of the cease-and-desist order (CDO) earlier imposed on the Consunji-led […]