Power News

May 15, 2019

ERC to toughen up surveillance and monitoring at WESM

By Myrna M. Velasco – May 14, 2019, 10:00 PM from Manila Bulletin To prevent gaming and abuse of market power by generation company-trading participants, the Energy Regulatory Commission (ERC) has engaged an American firm-consultant so they can toughen up […]
May 15, 2019

SMPC to end ‘tube leak technical glitches’ for 600-MW Calaca plant

By Myrna M. Velasco – Updated May 14, 2019, 10:15 AM from Manila Bulletin Semirara Mining and Power Corporation (SMPC) Chairman and CEO Isidro A. Consunji indicated they shall be able to achieve that with the engagement of Japanese firms […]
May 15, 2019

Marubeni drops bid on $1.4-B Consunji coal-fired power project

By Myrna M.Velasco – Updated May 14, 2019, 11:22 AM from Manila Bulletin Japanese firm Marubeni Corp. has formally backed out from its bid to corner a 20 percent stake in the $1.4 billion Saint Raphael coal-fired power project of […]
May 15, 2019

Development of 19.7-MW hydropower project in Isabela begins

May 14, 2019 from Business Mirror  By Cesar M. Perante / Correspondent SANTIAGO CITY, Isabela—The soon-to-be built 19.7-megawatt (MW) run-of-river hydropower plant of Rio Norte Hydropower Corp. in Echague, Isabela, was recognized by the Department of Energy (DOE) as an […]
May 15, 2019

Phinma Energy eyes tender offer

By Alena Mae S. Flores – May 14, 2019 from manilastandard.net Phinma Energy Corp. said Tuesday it will conduct a tender offer to shareholders of Phinma Petroleum and Geothermal Inc. as a part of the sale of its shares to […]
May 15, 2019

ERC cautious on Open Access

By Alena Mae S. Flores – May 13, 2019 from manilastandard.net The Energy Regulatory Commission expressed hope that the Supreme Court will act on the retail competition and open access, which has been the subject of a temporary restraining order […]
May 14, 2019

Old plants supply 80% of power in Luzon

By Jordeene B. Lagare – May 14, 2019 from The Manila Times THE Energy Regulatory Commission (ERC) said almost 80 percent of electricity generated in Luzon comes from aging power plants or those built about two decades ago. In a […]
May 14, 2019

ERC: Implications of high court’s PSA ruling ‘massive’

By Jordeene B. Lagare – May 11, 2019 from The Manila Times THE Supreme Court’s (SC) recent decision to subject power supply agreements (PSAs) made on or after June 2015 to public bidding presents “massive” implications, the Energy Regulatory Commission […]
May 13, 2019

EDC to expand geothermal assets

By Lenie Lectura – May 13, 2019 from Business Mirror LOPEZ-led Energy Development Corp. (EDC) said last week it would carry out “a small expansion” of its geothermal assets. “We have a few plants lined up for EDC. They are […]
May 13, 2019

ERC concerned over new plants

By Alena Mae S. Flores – May 12, 2019 from manilastandard.net The Energy Regulatory Commission expressed serious concern over the high incidence of “young” power plants that went on forced outages from March 5 to April 25. ERC chairperson Agnes […]