Power News

July 17, 2019

PSALM sends 14 firms final demand for P1.9-billion payment

By Rea Cu – July 17, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) has sent out final letters of demand for payment to 14 firms with overdue obligations totaling P1.931 billion. In a statement […]
July 16, 2019

DoE touts new funding for indigenous communities hosting power projects

By Victor V. Saulon – July 15, 2019 | 10:40 pm from Business World PHILSTAR THE Department of Energy (DoE) said the guidelines for indigenous communities to derive financial benefits from hosting of power generation plants and projects will soon […]
July 16, 2019

Circular for smart grid in the making

By Jordeene B. Lagare – July 15, 2019 from The Manila Times A circular on the policy governing the adoption of smart grid technologies for the Philippine electric industry and roadmap for distribution utilities is being crafted by the Department […]
July 16, 2019

Meralco solicits bids in 2nd competitive selection round

By Lenie Lectura – July 16, 2019 from Business Mirror THE Manila Electric Co. (Meralco) is again soliciting bids for its power requirements, another 1,200 megawatts (MW) of capacity, via a Competitive Selection Process (CSP). This is Meralco’s second published […]
July 15, 2019

ERC extends comments submission on modified rate setting

By Myrna M. Velasco – July 14, 2019, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is extending until this week the submission of comments by affected stakeholders on the proposed modification in the setting of electricity rates […]
July 15, 2019

PSALM logs P41.58-B receivables, arrears at P25 B

By Myrna M. Velasco – July 14, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) logged record receivables of P41.58 billion, the bulk of which at P24.92 billion have been classified as delinquent […]
July 15, 2019

Meralco starts competitive selection for power needs

By Lenie Lectura – July 15, 2019 from Business Mirror THE Manila Electric Co. (Meralco) has started conducting a competitive selection process of its power requirements following a Supreme Court decision that required all power-supply agreements (PSAs) forged after June […]
July 14, 2019

DOE sets automatic accreditation of RES as ‘green energy suppliers’

By Myrna M. Velasco – July 13, 2019, 10:00 PM from Manila Bulletin The existing league of retail electricity suppliers (RES) can be automatically accredited as participants in the Green Energy Option Program (GEOP) that the Department of Energy (DOE) […]
July 13, 2019

Senate bill to allow microgrids to be developed without franchise holders’ consent

By Victor V. Saulon – July 12, 2019 | 7:55 pm from Business World SENATOR Sherwin T. Gatchalian — PHILSTAR A SENATE bill aims to speed up rural electrification by boosting the development of microgrid systems by accredited developers, imposing […]
July 13, 2019

ERC issues refund order to 12 power distributors

By Victor V. Saulong – July 12, 2019 | 7:55 pm from Business World THE Energy Regulatory Commission (ERC) has issued orders to privately-owned power distribution utilities (DUs) directing them to refund customers on the unused “regulatory reset cost” including […]