Power News

June 28, 2019

Meralco to conduct CSP of power requirements

By Lenie Lectura – June 28, 2019 from Business Mirror ENERGY Secretary Alfonso Cusi said on Thursday the Manila Electric Co. (Meralco) has informed him the utility firm would conduct no later than end-June a competitive selection process (CSP) of […]
June 28, 2019

Snap-Magat may expand solar-power project by 20 MW

By Lenie Lectura – June 28, 2019 from Business Mirror RAMON, Isabela—SN Aboitiz Power-Magat (SNAP-Magat) may expand its 200-kilowatt pilot solar-power project here to 20 megawatts or possibly 50 MW in the near future. “I’d like to have 20 MW […]
June 27, 2019

ERC approves Meralco, PFBS supply agreement

By Lenie Lectura – June 27, 2019 from Business Mirror THE Energy Regulatory Commission (ERC) has approved the long-term power supply agreement (PSA) between the Manila Electric Co. (Meralco) and the PowerSource First Bulacan Solar Inc. (PFBS). “The joint application […]
June 26, 2019

PNOC signs exclusive deal with Lloyds Energy on LNG, depot ventures

By Myrna M. Velasco – June 25, 2019, 10:00 PM from Manila Bulletin State-run Philippine National Oil Company (PNOC) has signed a non-exclusive memorandum of understanding (MOU) with Dubai-headquartered Lloyds Energy for planned liquefied natural gas (LNG) and oil depot […]
June 25, 2019

Power sector reforms stagnated—Gatchalian

By Alena Mae S. Flores – June 23, 2019 at 07:30 pm from manilastandard.net The Philippines’ power sector stagnated 18 years after the passage of the Electric Power Industry Reform Act of 2001, which instituted reforms in the power sector, […]
June 25, 2019

AC Energy completes purchase of 51.48% stake in Phinma Energy

By Lenie Lectura – June 25, 2019 from Business Mirror AC Energy Inc., the energy platform of Ayala Corp., has completed the acquisition of Phinma Inc.’s and Phinma Corp.’s (PHN) combined 51.48-percent stake in Phinma Energy Corp. (PHEN). “We are […]
June 25, 2019

PSALM to file recovery of P10.8-billion N.P.C. debt

By Lenie Lectura – June 25, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) said on Monday it would file next week before the Energy Regulatory Commission (ERC) two petitions to recover P10.843 billion from […]
June 24, 2019

NEA to tighten rules on ERC performance

By Myrna M. Velasco – June 23, 2019, 10:00 PM from Manila Bulletin Government-run National Electrification Administration (NEA) will include the “energization level achieved” by an electric coop (EC) as it tightens the new matrix and guidelines in the assessment […]
June 24, 2019

ERC’s immediate action sought on 7 expired RES licenses

By Myrna M. Velasco – June 22, 2019, 10:00 PM from Manila Bulletin A very prompt action of the Energy Regulatory Commission (ERC) is being sought on at least seven (7) retail electricity supplier (RES) licenses that already expired – […]
June 24, 2019

Malacañang-led steering committee set for energy projects’ permitting

By Myrna M. Velasco – June 23, 2019, 10:00 PM from Manila Bulletin A Malacañang-led steering committee has been formed to concretize frameworks on the proposed streamlining of energy projects’ permitting under the “Energy Virtual One-Stop Shop Act” (EVOSS), an […]