Power News

May 21, 2019

Meralco opens modern substation in Gen. Trias City

By Alena Mae S. Flores – May 20, 2019 at 08:30 pm from manilastandard.net Manila Electric Co., in partnership with property developer Property Company of Friends Inc., inaugurated a new substation that will accommodate the increasing electricity requirements of Lancaster […]
May 20, 2019

SMC unit claims $6.19-B payment for Ilijan plant

By Myrna M. Velasco – May 19, 2019, 10:00 PM from Manila Bulletin South Premier Power Corp. (SPPC), the San Miguel Energy Corporation subsidiary for the 1,200-megawatt Ilijan gas-fired power plant, claimed that it already paid $6.19 billion (P289.1 billion) […]
May 20, 2019

First Gen and Tokyo Gas set to build $1-b LNG hub

By Alena Mae S. Flores – May 19, 2019 at 08:00 pm from manilastandard.net First Gen Corp. and partner Tokyo Gas of Japan will hold a traditional Japanese “Kagami Biraki” groundbreaking ceremony for the $1-billion liquefied natural gas terminal in […]
May 19, 2019

Gatchalian proposes creation of independent energy watchdog

By Danessa Rivera – May 18, 2019 – 12:00am from The Philippine Star MANILA, Philippines — A law is being proposed to institutionalize an independent energy watchdog that will focus on consumer protection. Sen. Sherwin Gatchalian, who chairs the Senate […]
May 18, 2019

MORE, Kepco sign power supply deal

By Alena Mae S. Flores – May 17, 2019 from manilastandard.net MORE Electric and Power Corp. has signed an interim power agreement with Kepco SPC Power Corp. to purchase five megawatts, with an option for another 5 MW of supply […]
May 18, 2019

PSALM shortlists 5 companies for NPC complex re-development in QC

By Myrna M. Velasco – May 17, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has shortlisted at least five companies in the design contest for the redevelopment of the National Power Corporation […]
May 17, 2019

Government to require gencos to sell 70% of power plant capacity

By Lenie Lectura – May 16, 2019 from Business Mirror POWER generation companies (gencos) will soon be required by the Department of Energy (DOE) to sell up to 70 percent of their power facilities’ capacity to distribution utilities (DUs) and […]
May 16, 2019

ERC gives green light to SNAP, NGCP ancillary power deals

By Lenie Lectura – May 16, 2019 from Business Mirror THE Energy Regulatory Commission (ERC) has approved the joint application filed by the SN Aboitiz Power (SNAP) group and the National Grid Corp. of the Philippines (NGCP) for approval of their ancillary […]
May 16, 2019

Re-integration of IEMOP, PEMC explored as option for WESM

A plan to re-integrate the Philippine Electricity Market Corporation (PEMC) and Independent Electricity Market Operator of the Philippines (IEMOP) is an option currently being explored for the continued operations of the Wholesale Electricity Spot Market (WESM). Energy Secretary Alfonso G. […]
May 16, 2019

EDC to supply power to garment exporter

By Myrna M. Velasco – May 15, 2019, 10:00 PM from Manila Bulletin With the retail power segment of the Lopez group’s businesses being shored up, its subsidiary Energy Development Corporation’s (EDC) latest customer to be signed up is top […]