Power News

March 22, 2019

SC asked to junk Meralco power deals to save consumers from power hikes

By Rey Panaligan and Ellson Quismorio – updated March 21, 2019 from Manila Bulletin The Supreme Court (SC) has been asked to stop the Energy Regulatory Commission (ERC) from approving the 20-year power supply agreements (PSAs) between the Manila Electric […]
March 22, 2019

ERC dismisses 8-year-old petition on system loss rules for power system

By Victor V. Saulon – March 20, 2019 | 10:43 pm from Business World Meralco workers check on an electric meter at a barangay in Quezon City. — BW FILE PHOTO   THE Energy Regulatory Commission (ERC) has dismissed for being […]
March 22, 2019

DOE modifying rules on certification of duty-free importation of RE equipment

By Myrna M. Velasco – March 21, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) will be re-casting the set of rules on its issuance of certificates for duty-free importation of equipment, machinery and spare parts that […]
March 22, 2019

First Gen’s recurring net income up 51% to US$243 M in 2018

By Myrna M. Velasco – March 21, 2019, 10:00 PM from Manila Bulletin With brisk sales from its gas-fired power assets, First Gen Corporation logged record-high increase of 51 percent on its recurring net income (RNI) to US$243 million last […]
March 21, 2019

Meralco still batting for P49-B capex approval

By Myrna M. Velasco – March 20, 2019, 10:00 PM from Manila Bulletin With its rolling capital expenditures (capex) just securing partial regulatory approval for P24.2 billion, power utility giant Manila Electric Company (Meralco) said it will continually hope for […]
March 21, 2019

Energy clears 1,000-MW wind, solar plants in Rizal

By Alena Mae S. Flores – March 20, 2019 at 09:15 pm from manilastandard.net The Energy Department approved the conduct of a grid impact study for two large wind projects with a combined capacity of 703 megawatts and a 300-MW […]
March 21, 2019

Govt taps WB instead of China to fund hydropower plant

By Alena Mae S. Flores – March 20, 2019 at 09:05 pm from manilastandard.net The government is now tapping multilateral funding institutions led by the World Bank, instead of China, to support the construction of the 982-megawatt Agus-Pulangi hydro powerplant […]
March 20, 2019

Philippines to host two major regional power conferences

By Victor V. Saulon – March 19, 2019 | 10:06 pm from Business World THE LAW that reformed the power sector is expected to take center stage when the Philippines hosts two gatherings of regional energy ministers and chief executives […]
March 20, 2019

Meralco expects energy sales in January-February to rise 2 percent

By Lenie Lectura – March 20, 2019 from Business Mirror In Photo: Meralco linemen repair a power cable in this August 17, 2015, file photo. THE Manila Electric Co.  (Meralco) is expecting energy sales volume in January and February to […]
March 20, 2019

DOE gives First Gen go-ahead to construct LNG terminal

By Lenie Lectura – March 20, 2019 from Business Mirror FIRST Gen Corp. of the Lopez group on Wednesday said it received from the Department of Energy (DOE) the notice to proceed for its planned FGEN Batangas liquefied natural gas […]