Power News

April 24, 2018

Akelco urged to invoke ‘force majeure’ to suspend PSAs during Boracay closure

By Lenie Lectura – April 23, 2018 from Business Mirror THE Aklan Electric Cooperative Inc. (Akelco) was urged on Monday to invoke the “force majeure” provisions of its power-supply agreements (PSAs) with power-generation companies to temporarily suspend the procurement of unneeded electricity during […]
April 24, 2018

5 power firms eye seats in WESM

By Myrna M. Velasco – Updated April 23, 2018, 2:59 PM from Manila Bulletin At least five giant power generation companies (GenCos) have nominated their respective representatives in the board of the restructured Philippine Electricity Market Corporation (PEMC), the governing […]
April 23, 2018

NGCP given sole mandate on P52-B Vis-Min power link-up

By Myrna M. Velasco – April 21, 2018, 10:01 PM from Manila Bulletin It’s final – that the sole and ultimate mandate to undertake the P52-billion Visayas-Mindanao Interconnection Project (VMIP) will now just be in the court of private concessionaire […]
April 23, 2018

SREC breaks ground for hybrid-power plant in Palawan

By Lenie Lectura – April 22, 2018 from Business Mirror SABANG Renewable Energy Corp. (SREC) broke ground for its hybrid power plant in Palawan. SREC’s hybrid power plant will consist of 1.4 megawatts of solar power with a 2.3-MW-per-hour battery-storage system and […]
April 22, 2018

Electric co-op assures Boracay power supply

By Alena Mae S. Flores – April 20, 2018 at 08:35 pm from manilastandard.net Aklan Electric Cooperative Inc. on Friday allayed the fears of Boracay residents that electric service will be scaled down once the world-famous tourist destination undergoes a […]
April 21, 2018

DOE objects to PSALM’s president-in-waiting

By Myrna M. Velasco – April 20, 2018, 10:00 PM from Manila Bulletin The choice of the Department of Finance (DOF) for a prospective president of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) reportedly gained objection from the […]
April 21, 2018

Napocor: New power plants boost Palawan

By Alena Mae S. Flores – April 20, 2018 at 08:05 pm from manilastandard.net State-owned National Power Corp. recently inaugurated four 600-kilowatt generating sets to augment the power needs in the towns of San Vicente and El Nido in Palawan […]
April 20, 2018

Meralco non-committal to ‘Swiss challenge’ plea on supply contracts

By Myrna Velasco – Updated April 19, 2018, 4:17 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi personally made his appeal to Manila Electric Company (Meralco) to subject its controversial power supply agreements (PSAs) to a Swiss challenge, but […]
April 19, 2018

Layug resigns from NREB, WESM

By Myrna M. Velasco – April 18, 2018, 10:00 PM from Manila Bulletin President Rodrigo Duterte has already given his go-signal on the resignation of National Renewable Energy Board (NREB) Chairman Jay M. Layug, hence, candidates for his replacement had […]
April 19, 2018

Meralco asked to bid out contracts

By Alena Mae S. Flores – April 18, 2018 at 07:50 pm from manilastandard.net Energy Secretary Alfonso Cusi asked power retailer Manila Electric Co. to open its power supply agreements to Swiss Challenge instead of waiting for an approval from […]