Power News

June 23, 2018

‘At Seventeen’: On the anniversary of Epira, have we learned the truth about the power sector?

By Lenie Lectura – June 23, 2018 from Business Mirror In Photo: The Pagbilao coal-fired power plant in Quezon. SEVENTEEN years since the Electric Power Industry Reform Act (Epira) of 2001, or Republic Act 9136, was enacted into law, have […]
June 22, 2018

Interconnection project to start this year – NGCP

By Jordeene Sheex Lagare – June 22, 2018 from The Manila Times THE National Grid Corp. of the Philippines (NGCP) is set to begin its P51.9-billion Mindanao-Visayas Interconnection Project (MVIP) this year. In a statement on Thursday, the grid operator […]
June 22, 2018

Appointments of 4 new ERC commissioners set

By Myrna M. Velasco – June 21, 2018, 10:00 PM from Manila Bulletin Appointments for new Commissioners at the Energy Regulatory Commission (ERC) are due to be released soon by Malacañang, according to sources privy to the matter. It was […]
June 21, 2018

Meralco not giving up ‘unelectrified sites’ in its franchise area

By Myrna M. Velasco – June 20, 2018, 10:00 PM from Manila Bulletin Amid the government’s “takeover warning” at the unelectrified domains of distribution utilities (DUs), power utility giant Manila Electric Company (Meralco) indicated that it will not give up […]
June 21, 2018

ERC Chairman Devanadera given 2 years to relinquish CEO post

By Myrna M. Velasco – June 20, 2018, 10:00 PM from Manila Bulletin The current chairperson of the Energy Regulatory Commission (ERC) Agnes T. Devanadera is being given two years “to put her house in order”; then she must already […]
June 20, 2018

DOE to lure Japan investors to LNG project

By Lenie Lectura – June 19, 2018 from Business Mirror PHILIPPINE energy officials will attempt to lure in more natural gas companies in Japan to invest in the country’s liquefied natural gas (LNG) hub terminal project. Department of Energy (DOE) […]
June 20, 2018

NGCP: Grid operations plans thwarted power-outage incidents this summer

By Lenie Lectura – June 19, 2018 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) said on Tuesday its grid operations and maintenance plan helped thwart power-outage incidents during summer months even when actual peak demand exceeded forecast. “Thanks […]
June 19, 2018

First Gen embarks onP10-B buy-back program for preferred shares

By Myrna M. Velasco – June 18, 2018, 10:00 PM from Manila Bulletin As part of its financial de-leveraging strategy, First Gen Corporation is embarking on a two-year share buy-back program that will cover up to P10 billion of the […]
June 19, 2018

Cusi seeks audit of P75-B energy subsidy fund

By Myrna M. Velasco – June 18, 2018, 10:00 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi is proposing an audit of the P74.883 billion worth of collections on universal charge for missionary electrification (UCME), as he noted that […]
June 19, 2018

Ombusman ruling to derail power projects

By Alena Mae S. Flores – June 18, 2018 at 07:55 pm from manilastandard.net The new three-month suspension of the four commissioners of the Energy Regulatory Commission by the Office of the Ombudsman could derail future power projects. “That’s a […]