Power News

June 8, 2018

Power users to enjoy lower rates in June, says Meralco

By Alena Mae S. Flores – June 07, 2018 at 07:10 pm from Business Mirror Customers of Manila Electric Co. will enjoy lower power rates in June amounting to P0.1252 per kilowatt-hour, as generation and transmission charges declined. Meralco said […]
June 8, 2018

NEA takes over Ficelco

By Lenie Lectura – June 7, 2018 from Business Mirror THE National Electrification Administration (NEA) has taken over the management of the First Catanduanes Electric Cooperative (Ficelco). The move is expected to put an end to the frequent power interruptions […]
June 8, 2018

Coalition urges ERC not to approve Meralco’s 3 PSAs with power producers

By Lenie Lectura – June 7, 2018 from Business Mirror THE Energy Regulatory Commission (ERC) should immediately dismiss the three power supply agreements (PSAs) between the Manila Electric Co. (Meralco) and power producers because these still lack environmental compliance certificates (ECC), a […]
June 7, 2018

DoE, SKorea firm eye nuke reactor

By Jordeene Sheex Lagare – June 7, 2018 from The Manila Times THE Department of Energy (DoE) and a South Korean company are mulling over building a 100-megawatt (MW) nuclear reactor in the Philippines, the department said on Wednesday. In […]
June 7, 2018

Solar PH targets 400-MW capacity by end-2018

By Jordeene Sheex Lagare – June 7, 2018 from The Manila Times SOLAR Philippines Power Project Holdings, Inc. is targeting a capacity of 400 megawatts (MW) by the end of this year, its top official said on Wednesday. “[W]e’re looking […]
June 7, 2018

ERC vows decision on 1,000 cases until 2019 first quarter

By Myrna M. Velasco – June 6, 2018, 10:00 PM from Manila Bulletin The chief of the Energy Regulatory Commission (ERC) will be pulling strings so the regulatory body can keep pace with its target to successfully decide on at […]
June 7, 2018

Pure Energy optimistic on green bonds

By Jenniffer B. Austria – June 06, 2018 at 06:50 pm from manilastandard.net Pure Energy Holdings Corp., an investment holding company with interests in renewable power and bulk water supply and distribution projects, is upbeat on the potential of Philippine […]
June 7, 2018

NEA assumes control of Catanduanes co-op

By Alena Mae S. Flores – June 06, 2018 at 06:30 pm from manilastandard.net The National Electrification Administration has taken over the management of the First Catanduanes Electric Cooperative and appointed an acting general manager to ensure uninterrupted electric service […]
June 6, 2018

Remote areas face higher power rates

By Alena Mae S. Flores – June 03, 2018 at 07:41 pm from manilastandard.net Consumers in the missionary or far-flung areas are facing higher power rates because of the impact of the Tax Reform for Acceleration and Inclusion law on […]
June 6, 2018

Phoenix Petroleum, CNOOC tie up to develop PHL’s 1st LNG terminal

By Lenie Lectura – June 5, 2018 from Business Mirror PHOENIX Petroleum is partnering with CNOOC Gas and Power Group Co. Ltd. to develop the country’s first liquefied natural gas (LNG) receiving terminal. Phoenix said on Tuesday that it signed a memorandum of understanding (MOU) with […]