Power News

June 20, 2019

Energy starts review of higher subsidy enjoyed in off-grid areas

By Alena Mae S. Flores – June 18, 2019 at 08:30 pm from manilastandard.net The Department of Energy is seeking ways to cushion the impact of higher subsidy in the off-grid areas, which are expected to soar to P28.373 billion […]
June 20, 2019

GESC to supply 57 MW of power to Century Peak

By Lenie Lectura – June 20, 2019 from Business Mirror GLOBAL Energy Supply Corp. (GESC), the retail energy supplier of Global Business Power Corp. (GBP), will supply 57 megawatts (MW) of power to Century Peak Corp. (CPC). The two companies […]
June 19, 2019

NEA claims 13M new rural power connections since 2016

By Janina C. Lim – June 18, 2019 from Business World FREEPIK THE National Electrification Administration (NEA) said it achieved its short-term goal of connecting 13 million additional households ahead of the 50th anniversary of the Rural Electrification Program in August. […]
June 19, 2019

Absolut in talks with MVP to build waste-to-energy facility

By Lenie Lectura – June 19, 2019 from Business Mirror ABSOLUT Distillers Inc. (ADI) is in talks with the group of Manuel V. Pangilinan to jointly develop renewable energy (RE), particularly waste-to-energy facility. “We are talking to Metro Pacific, also […]
June 18, 2019

ERC allows PSALM to recover over P5 billion

By Alena Mae S. Flores – June 17, 2019 at 08:05 pm from manilastandard.net The Energy Regulatory Commission allowed state-run Power Sector Assets and Liabilities Management Corp. to recover P0.0543 per kilowatt-hour for 12 months, or P5.12 billion, from customers […]
June 18, 2019

Palawan’s power, transmission projects cleared

By Alena Mae S. Flores – June 16, 2019 at 07:35 pm from manilastandard.net Several projects of power and transmission plans of state-run National Power Corp. in Palawan were certified as energy projects of national significance by the Energy Investment […]
June 17, 2019

Investors see ‘uncertainties’ in new power investments

By Myrna M. Velasco – June 16, 2019 from Manila Bulletin Spooked by the recent judicial intervention on the industry’s competitive selection process (CSP) on supply contracting, power investors are seeing some “uncertainties” when it comes to injecting fresh capital […]
June 17, 2019

LT Group to join LNG bandwagon

By Lenie Lectura – June 17, 2019 from Business Mirror THE group of Lucio Tan is ready to join the liquefied natural gas (LNG) bandwagon, with an investment estimated at $1.5 billion. Gerry Tee, overall head of LTGC Distillery Operations […]
June 17, 2019

DOE formally seeks Meralco’s action on CSP

With no new power projects   By Myrna M. Velasco – June 15, 2019, 10:00 PM from Manila Bulletin With no new power projects reaching “committed capacity” stature yet under the Duterte administration, Energy Secretary Alfonso G.Cusi has formally directed […]
June 16, 2019

Oscar Reyes joins TeaM Energy directorate

By Business Mirror – June 14, 2019 TeaM Energy Corp. (TEC) recently elected Oscar S. Reyes in the company’s board of directors effective June 1. The said directors are composed of nominees from the company’s owners leading Japanese firms Jera […]