Power News

April 22, 2019

Rules out on trading of natural gas

By Danessa Rivera – April 21, 2019 – 12:00am from The Philippine Star MANILA, Philippines — The Department of Energy (DOE) has issued rules to regulate the importation, trading, supply and distribution of natural gas in the country with an […]
April 20, 2019

DOE enforces moratorium on direct power connection applications

By Myrna M. Velasco – April 19, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is enforcing a three-month moratorium on the processing and evaluation of application for direct power connections to the grid of big-ticket electricity […]
April 20, 2019

PCC approves Ayala’s acquisition for P3 billion of PHINMA energy assets

By Myrna M. Velasco – April 19, 2019, 10:00 PM from Manila Bulletin The final go-signal has been bestowed by the Philippine Competition Commission (PCC) on the acquisition by AC Energy Inc. of the energy assets of PHINMA group of […]
April 18, 2019

Mondelez taps EDC to power manufacturing plant in Parañaque

By Lenie Lectura – April 18, 2019 from Business Mirror MONDELEZ Philippines, the local unit of global snack giant Mondelēz International Inc., has tapped Energy Development Corp. (EDC) to supply power in its company’s manufacturing plant in Sucat, Parañaque City. […]
April 18, 2019

DOE names 4 more ‘energy projects of national significance’

By Lenie Lectura – April 18, 2019 from Business Mirror THE Department of Energy (DOE) has issued certificates to four “energy projects of national significance,” listing them among projects that will provide the country sustainable sources of power. SN Aboitiz […]
April 17, 2019

IEMOP holds 1st MPU since becoming WESM operator

By Lenie Lectura – April 17, 2019 from Business Mirror Independent Electricity Market Operator of the Philippines (IEMOP), operator of the Wholesale Electricity Spot Market, held its first-ever Market Participants Update (MPU) since assuming WESM operations from Philippine Electricity Market […]
April 17, 2019

Therma Visayas power plant in Cebu now operational

By Lenie Lectura – April 17, 2019 from Business Mirror THERMA Visayas Inc. (TVI), a subsidiary of AboitizPower, said on Tuesday its power plant in Cebu has started delivering energy. TVI’s first 170-megawatt baseload unit in Toledo City, Cebu, is […]
April 17, 2019

Meralco to seek bidding exemption on 2 emergency power supply deals

By Myrna M. Velasco – April 16, 2019, 10:00 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) will seek exemption for competitive selection process (CSP) or bidding on targeted interim power supply agreements (IPSAs) with two plants […]
April 16, 2019

Oil-fired and hydropower plants are highest-priced bidders in WESM

By Myrna M. Velasco – April 15, 2019, 10:00 PM from Manila Bulletin The oil-fired and hydro power plants have been the “high price trendsetters” in the Wholesale Electricity Spot Market (WESM) during precarious supply situation in Luzon grid – […]
April 16, 2019

PCC allows P6-billion power deal of AC Energy, Phinma

By Lenie Lectura – April 16, 2019 from Business Mirror THE Philippine Competition Commission (PCC) has cleared the P6-billion power deal between AC Energy Inc. and the Phinma Group. AC Energy and the Phinma Group said separately that they received […]