Power News

May 8, 2019

Meralco rates down by P0.2728/kwh in May

By Myrna M. Velasco – May 7, 2019, 10:00 PM from Manila Bulletin Despite the P3.5355 per kilowatt hour (kwh) hike in charges from the Wholesale Electricity Spot Market (WESM) during the month, the lower contract costs of Manila Electric […]
May 8, 2019

Garments exporter taps EDC to power Cavite facility

By Lenie Lectura – May 8, 2019 from Business Mirror TOP garments exporter Hamlin Industrial Corp., a subsidiary of the NST Group, has tapped the Energy Development Corp. (EDC) to supply power to its facility in Carmona, Cavite. “The NST […]
May 8, 2019

AC Energy eyes 2,000-MW RE projects in Asean region

By Lenie Lectura – May 8, 2019 from Business Mirror AC Energy Inc. and The Blue Circle Pte. Ltd. (TBC) are committed to jointly build renewable-energy projects with around 2,000 megawatts of capacity across Southeast Asia, including 700 MW of RE […]
May 7, 2019

Cusi welcomes SC decision requiring supply deal bidding

By Alena Mae S. Flores – May 06, 2019 at 07:25 pm from manilastandard.net Energy Secretary Alfonso Cusi on Monday welcomed the Supreme Court decision ordering energy companies to undergo a competitive selection process for power supply agreements. “We have […]
May 7, 2019

COA orders PSALM to pay Sem-Calaca Power P477 million

By Lenie Lectura – May 7, 2019 from Business Mirror THE Commission on Audit (COA) has ruled in favor of Consunji-led Sem-Calaca Power Corp. (SCPC), which demanded payment from the Power Sector Assets and Liabilities Management Corp. (PSALM) in the amount of […]
May 7, 2019

ERC meeting energy players on PSA ruling

By Lenie Lectura – May 7, 2019 from Business Mirror Workers connect electricity cables to a transmission pole. (Bloomberg)   Last updated on May 7th, 2019 at 12:24 am The Energy Regulatory Commission (ERC) will convene industry stakeholders this week to […]
May 7, 2019

In blow to Meralco, SC orders competitive bids for power-supply deals

By Joel R. San Juan – May 7, 2019 from Business Mirror A lineman from Meralco checks on electric cables in San Andres, Manila, in this 2018 BusinessMirror file photo. Meralco, the country’s biggest distribution utility (DU), has been greatly […]
May 6, 2019

Meralco spends P12-B capex

By Myrna M. Velasco – May 5, 2019, 10:00 PM from Manila Bulletin Power distributor Manila Electric Company (Meralco) has forked out over P12 billion capital expenditures (capex) as of March this year for various projects particularly network reinforcement, as […]
May 6, 2019

Several GenCos fail to submit outage reports – ERC

By Myrna M. Velasco – May 5, 2019, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has found several power generation companies (GenCos) violating industry rules, including non-submission of plant outage reports, hence regulatory penalties will likely be […]
May 6, 2019

Cusi wants SPEX to file new application

For Malampaya license extension By Myrna M. Velasco – May 5, 2019, 10:00 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi is requiring the Malampaya consortium to file a new application with the Department of Energy (DOE) on the […]