Power News

July 16, 2018

17 shortlisted for ERC commissioner posts

By Myrna M. Velasco – July 15, 2018, 10:00 PM from Manila Bulletin It will be a tough competition for those eyeing the commissioner posts at the Energy Regulatory Commission (ERC) as 17 candidates are reportedly in the “shortlist” of […]
July 16, 2018

DOE seeks more investments in biomass ventures

By Myrna M. Velasco – July 14, 2018, 10:00 PM from Manila Bulletin The Department of Energy (DOE) has been intensifying efforts on enticing investors into injecting capital flow for biomass ventures in the country. Department of Energy (DOE) logo […]
July 16, 2018

PNOC rejects unsolicited LNG offer of Dubai-based Lloyds Energy Group

By Alena Mae S. Flores – July 15, 2018 at 11:57 pm from manilastandard.net State-run Philippine National Oil Co. rejected the unsolicited proposal of Dubai-based Lloyds Energy Group for a joint venture partnership to develop the country’s first $2-billion integrated […]
July 14, 2018

DoE preparing LNG plan B if no private investors emerge

By Victor V. Saulon – July 11, 2018 From Business World The Galoc oil field northwest of Palawan (BW FILE PHOTO) THE Energy department said it needs to boost its capability to undertake on its own the proposed integrated liquefied natural […]
July 14, 2018

Tawi-Tawi power plants now operating

By Jordeene Sheex Lagare – July 14, 2018 from The Manila Times THREE power plants in Tawi-tawi province are now operating nonstop, state-owned National Power Corp. (Napocor) said on Friday. “We now have considerable power reserves in our power plants […]
July 13, 2018

UNDP seeks bids to develop renewable energy sector in Philippines

By Danessa Rivera – July 11, 2018 from The Philippine Star MANILA, Philippines — The United Nations Development Programme (UNDP) is seeking bids to develop a nationwide system for the  commercialization of renewable energy markets in the Philippines. UNDP’s Philippine […]
July 13, 2018

Capgemini set to join open electricity market

By Alena Mae S. Flores – July 11, 2018 at 07:10 pm from manilastandard.net Capgemini, a global leader in consulting, technology services and digital transformation, plans to join the Philippines’ open access electricity market. “The Open Electricity Market is a […]
July 13, 2018

EDC to raise P11.5 billion for bilateral loans, capex

By Lenie Lectura – July 12, 2018 from Business Mirror LOPEZ-led Energy Development Corp. (EDC) will raise P11.5 billion via bilateral term loans to refinance loans and fund its capital expenditure (capex). In a disclosure to the stock exchange on […]
July 12, 2018

Smaller power DUs seek exemption from PSE listing

By Myrna M. Velasco – July 9, 2018, 10:00 PM from Manila Bulletin Smaller power distribution utilities (DUs) are seeking exemption from the mandatory listing at the Philippine Stock Exchange (PSE), noting that such may just end up a financially […]
July 12, 2018

ERC fines Samar, Laguna power co-ops

July 9, 2018 | 10:13 pm from Business World THE Energy Regulatory Commission (ERC) has fined electric cooperatives in Samar and Laguna for failing to remit on time their collected feed-in tariff allowance (FiT-All) to state company National Transmission Corp. […]