Power News

January 24, 2018

WESM to get independent operator soon

By Alena Mae S. Flores – January 22, 2018 at 06:31 pm from manilastandard.net The Energy Department vowed to install an independent market operator for the wholesale electricity spot market, the country’s trading floor of electricity, by June. “By February… […]
January 23, 2018

DOE examines linkage of power markets to stock exchanges

By Myrna M. Velasco – January 22, 2018, 10:00 PM from Manila Bulletin Before rendering any decision to the proposal of the Philippine Stock Exchange (PSE) to take over the operations of the Wholesale Electricity Spot Market (WESM), Energy Secretary […]
January 23, 2018

DOE to lodge ‘options’ to Palace for faster resolution of ERC mess

By Myrna M. Velasco – January 22, 2018, 10:01 PM from Manila Bulletin Even without imprimatur from Malacanang, the Department of Energy (DOE) has taken upon itself to technically exercise ‘regulatory powers” over the restructured electricity sector by giving go-signal […]
January 23, 2018

Govt eases trading rules of WESM

By Alena Mae S. Flores – January 22, 2018 at 06:15 pm from manilastandard.net The Energy Department and Philippine Electricity Market Corp., operator of the Wholesale Electricity Spot Market, have agreed to allow power generation companies with expired certificates of […]
January 23, 2018

AC Energy sees ‘good’ growth momentum

By Lenie Lectura – January 22, 2018 from Business Mirror AC Energy, the power arm of conglomerate Ayala Corp., sees “consistent growth” in its net income in the next three to four years to be driven by the new contribution […]
January 22, 2018

TRAIN taxes to hike off-grid power rates by P1.74/kWh

By Myrna M. Velasco – January 21, 2018, 10:00 PM from Manila Bulletin Consumers in off-grid areas, including tourism-drawing islands and far-flung areas, will suffer a punitive tariff hike of P1.74 per kilowatt-hour (kWh) on the rates to be passed […]
January 22, 2018

Ayala unit mulls over Rizal diesel power plant

By Alena Mae S. Flores – January 21, 2018 at 08:50 pm from manilastandard.net AC Energy DevCo. Inc. of Ayala Corp. plans to put up a diesel power plant with an output of up to 150 megawatts in Pililla, Rizal […]
January 21, 2018

NGCP kicks off pre-qualification for contractors of P52-billion VMIP

By Myrna M. Velasco – January 20, 2018, 10:00 PM from Manila Bulletin Transmission firm National Grid Corporation of the Philippines (NGCP) has already kicked off prequalification process on specialty contractors for its P51.696-billion Visayas-Mindanao Interconnection Project or VMIP. According […]
January 21, 2018

ERC wants in-house ad interim commissioners

By Myrna M. Velasco – January 20, 2018, 10:01 PM from Manila Bulletin The tug-of-war as to who will sit as officer-in-charge Commissioners of the Energy Regulatory Commission (ERC) continues, as executives of the agency bat for appointments of insiders. […]
January 20, 2018

DOE orders scrutiny of coal contracts of power generators

By Myrna M. Velasco – January 19, 2018, 10:01 PM from Manila Bulletin The Department of Energy (DOE) indicated that it intends to scrutinize the coal contracts of power producers and establish if there are provisions mandating pass on of […]