Power News

February 5, 2018

Mandated study further delays 650MW Malaya plant’s sales

By Myrna M. Velasco – February 4, 2018, 10:00 PM from Manila Bulletin The divestment of the 650-megawatt Malaya thermal power facility will further be held in abeyance following the mandate of the Department of Energy (DOE) on the conduct […]
February 5, 2018

DOE keeps track of power plant shutdowns for summer

By Myrna M. Velasco – February 4, 2018, 10:00 PM from Manila Bulletin To avoid straining power supply during the critical summer months, the Department of Energy (DOE) is also monitoring the shutdowns of power plants relative to their regular […]
February 5, 2018

Meralco still evaluating offers from First NatGas, Solar Philippines

By Lenie Lectura – February 4, 2018 from Business Mirror A top official of the Manila Electric Co. (Meralco) will consider both offers from Lopez-led First NatGas Power Corp. and Solar Philippines Power Project Holdings Inc. for the supply of […]
February 5, 2018

340-MW coal plant set to deliver power

By Alena Mae S. Flores – February 04, 2018 at 07:15 pm from manilastandard.net Aboitiz Power Corp.’s 340-megawatt coal-fired power plant in Barangay Bato, Toledo City, Cebu is now 95-percent completed and expected to deliver power to the grid this […]
February 3, 2018

Plan to install independent WESM operator up

By Alena Mae S. Flores – February 02, 2018 at 07:33 pm from manilastandard.net The board of Philippine Electricity Market Corp. approved the transition plan to create an independent market operator for the Wholesale Electricity Spot Market. PEMC, chaired by […]
February 2, 2018

From inception, PSALM logs debt payments reaching P1.47 trillion

By Myrna M. Velasco – February 1, 2018, 10:00 PM from Manila Bulletin Since the start of its corporate life at the restructuring of the country’s power sector, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) reported that the […]
February 2, 2018

Ayala eyeing ‘minority stake’ in targeted Indon thermal projects

By Myrna M. Velasco – February 1, 2018, 10:00 PM from Manila Bulletin The energy investment arm of Ayala Corporation is positioning for a ‘significant minority stake’ on the scale of 20%-30% for targeted thermal power projects in the broadening […]
February 1, 2018

First Gen dangles ‘reverse proposal’ on LNG project

By Myrna M. Velasco – January 31, 2018, 10:00 PM from Manila Bulletin The “unsolicited proposal” tendered by First Gen Corporation to state-run Philippine National Oil Company (PNOC) takes a “reverse track,” because instead of the Lopez firm joining the […]
February 1, 2018

Erring power companies to get penalty

By Alena Mae S. Flores – January 31, 2018 at 07:00 pm from manilastandard.net The Energy Department will issue rules in June penalizing power companies found to have caused a forced outage in the power grid, especially through negligence. “We […]
January 31, 2018

Government taps Japanese, Korean firms for provincial projects

By Lenie Lectura – January 30, 2018 from Business Mirror TOKYO Electric Power Co. and Takaoka Toko Co. Ltd. would assist state-run National Electrification Administration (NEA) for the pilot implementation of a distribution network management system (DNMS) technology in the province […]