Power News

January 20, 2018

Ayala restructures energy business, creates two holdings companies

By Alena Mae S. Flores – January 19, 2018 at 07:20 pm from manilastandard.net The board of Ayala Corp. on Friday approved the restructuring of its energy business that will result in the creation of two wholly-owned platforms, namely renewable […]
January 19, 2018

PSALM to seek board’s definitive plans on Malaya, Mindanao asset sale

By Myrna M. Velasco – January 19, 2018, 11:08 AM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will be securing “definitive direction” from its board of directors on the proposed divestment package for the 650-megawatt […]
January 18, 2018

NGCP confirms transmission rate hike in February billing

By Myrna M. Velasco – January 17, 2018, 10:00 PM from Manila Bulletin Transmission service provider National Grid Corporation of the Philippines (NGCP) has confirmed the rate hike on its wheeling charge in the February billing of consumers, mainly arising […]
January 18, 2018

NGCP sees power demand peaking in ‘18

By Alena Mae S. Flores – January 17, 2018 at 07:17 pm from manilastandard.net National Grid Corp. of the Philippines said Wednesday power demand will continue to peak this year but assures brownouts are not likely to occur. “Assuming that […]
January 17, 2018

Cusi rebuffs ‘for-profit’ stature for WESM’s independent operator

By Myrna M. Velasco – January 16, 2018, 10:00 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi will turn down any proposal that will eventually turn the independent market operator (IMO) of the Wholesale Electricity Spot Market (WESM) into […]
January 17, 2018

ERC leadership vacuum heightens blackout probability in summer

By Myrna M. Velasco – January 16, 2018, 10:01 PM from Manila Bulletin With 5,493.38 megawatts being forced out of the electricity system because of lacking licenses to operate and supply contracts, the country will be in for unwanted brownouts […]
January 17, 2018

PSALM prepares to sell more power plants this year to meet obligations

By Alena Mae S. Flores – January 16, 2018 at 06:50 pm from manilastandard.net POWER Sector Assets and Liabilities Management Corp. said it will sell more assets this year to reduce operational costs and raise funds for debt repayment. PSALM, […]
January 17, 2018

Pure Energy buys 3 solar farms

By Alena Mae S. Flores – January 15, 2018 at 06:34 pm from manilastandard.net Pure Energy Holdings Corp. through unit Just Solar Corp. acquired majority stakes in three solar farms in Central Luzon with a combined capacity of 13.86 megawatts. […]
January 16, 2018

Consumer protection vs regulatory capture

By BusinessMirror Editorial – January 15, 2018 Last December the Office of the Ombudsman ordered the one-year suspension of four commissioners of the Energy Regulatory Commission (ERC) for, among other offenses, failing to implement the government’s policy against anticompetitive behavior […]
January 16, 2018

Aseagas shuts down Batangas biomass plant

By Alena Mae S. Flores – January 15, 2018 at 06:40 pm from manilastandard.net Aseagas Corp., a wholly-owned subsidiary of Aboitiz Power Corp., said Monday it decided to permanently cease the operations of its 8.8-megawatt biomass power plant in Lian, Batangas […]