Power News

February 28, 2018

Meralco core income up 3% to P20.2 billion

By Myrna M. Velasco – February 26, 2018, 10:00 PM from Manila Bulletin Generally buoyed by brisk sales, the consolidated core income of power utility giant Manila Electric Company (Meralco) had climbed 3.0-percent in 2017 to P20.2 billion from the […]
February 27, 2018

Simultaneous plant outages to bring grid to tight supply

By Myrna M. Velasco – February 26, 2018, 10:01 PM from Manila Bulletin With just summer days entering the core, power supply in Luzon had been pulled into breaking point once again due to simultaneous maintenance shutdown as well as […]
February 27, 2018

Shutdowns, limited power generation cause Luzon grid to be on yellow alert

By Lenie Lectura – February 26, 2018 from Business Mirror Photo from CNN PHL THE Luzon grid was placed on yellow alert, the first for the year, mainly due to a number of power plants that went offline. “The Luzon […]
February 26, 2018

DOE keeps close watch on ‘forced outages’ of power plants

By Myrna M. Velasco – February 25, 2018, 10:01 PM from Manila Bulletin With some power plants scheduled for maintenance shutdown during the summer months, the Department of Energy (DOE) indicated that it would need to keep closer watch on […]
February 25, 2018

ERC pares system loss caps for utilities

By Myrna M. Velasco – February 24, 2018, 10:01 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has dangled cost savings to consumers on its new rules to further cut system loss caps for distribution utilities (DUs) over four- […]
February 24, 2018

NGCP’s Vis-Min link among them DOE evaluating 10 projects for streamlined processing

By Myrna M. Velasco – Updated February 23, 2018, 5:55 PM from Manila Bulletin Transmission firm-concessionaire National Grid Corporation of the Philippines (NGCP) has formally filed an application with the Department of Energy (DOE) on getting its P52-billion Visayas-Mindanao Interconnection […]
February 24, 2018

DOE mulls ‘no pass-on policy’ on initial coal TRAIN tax

By Myrna M. Velasco – February 23, 2018, 10:01 PM from Manila Bulletin At the initial excise tax rate of P50 per metric ton, the Department of Energy (DOE) is advancing a policy idea that the generation companies (GenCos) will […]
February 24, 2018

Energy World to kick off PH LNG terminal, plans another one

By Manolo Serapio Jr. – February 21, 2018, 12:29 PM (Reuters) from Manila Bulletin Australia-listed Energy World Corp. (EWC) expects to start up a gas-fired power plant in the Philippines by end-2018, its chief executive said, fed by the country’s […]
February 24, 2018

ERC starts issuing approvals for power plants’ COCs

By Myrna M. Velasco – February 21, 2018, 10:01 PM from manila Bulletin Filipino consumers must no longer be jittery of power supply interruptions during the summer months, as the Energy Regulatory Commission (ERC) has started delivering on its promised approval […]
February 24, 2018

ERC clears NGCP deal with Phinma

By Alena Mae S. Flores – February 23, 2018 at 07:15 pm from manilastandard.net The Energy Regulatory Commission granted a provisional authority to grid operator National Grid Corp. of the Philippines and Phinma Energy Corp. to implement an ancillary services […]