Power News

December 11, 2017

Gov’t decision due this week on BNPP

By Myrna M. Velasco – December 9, 2017, 10:00 PM from Manila Bulletin Next week will be ‘judgment day’ for the idled Bataan Nuclear Power Plant (BNPP)  – if it will be time for the government to finally ‘bury it into […]
December 9, 2017

CA ruling to increase electricity charges

By Alena Mae S. Flores – December 07, 2017 at 09:00 pm from manilastandard.net The Energy Regulatory Commission said Thursday it will ask the Court of Appeals to reconsider its order reinstating the higher charges at the Wholesale Electricity Spot Market, the trading […]
December 8, 2017

Tokyo Gas affirms LNG partnership talks with First Gen

By Myrna M. Velasco – December 7, 2017, 10:00 PM from Manila Bulletin Lisbon, Portugal – Partnership talks with Filipino firm First Gen Corporation had been affirmed by Tokyo Gas Co. Ltd. on planned liquefied natural gas (LNG) investments in the […]
December 8, 2017

Malampaya to last 10 more years

By Alena Mae S. Flores – December 07, 2017 at 09:20 pm from manilastandard.net The Malampaya natural gas field in northwest Palawan, which supplies fuel to three major power plants in Batangas, is expected to continue producing for the next 10 years, an […]
December 8, 2017

December power rates decline on peso recovery

By Alena Mae S. Flores – December 07, 2017 at 08:50 pm from Alena Mae S. Flores Electricity rates declined P0.3785 per kilowatt-hour in December, on lower generation charges amid a stronger peso and softer prices at the spot market. Meralco said a […]
December 7, 2017

AboitizPower ramping up generation capacity

By Lenie Lectura – December 6, 2017 from Business Mirror ABOITIZ Power Corp. is ramping up its power-generation capacity, with several hydro and base-load power plants targeted for completion next year. AboitizPower President Antonio Moraza said the company is set to add […]
December 6, 2017

PetroEnergy RE arm reaches power-generation milestone

By Lenie Lectura – December 4, 2017 from Business Mirror PETROGREEN Energy Corp. (PGEC), the renewable-energy (RE) arm of publicly listed PetroEnergy Resources Corp. (Perc), has already generated 1-billion kilowatt-hour (kWh) of electricity over the weekend. Perc announced on Monday that PGEC […]
December 6, 2017

Aboitiz mulls over unit’s future after biomass-plant shutdown

By Lenie Lectura – December 4, 2017 from Business Mirror ABOITIZ Power Corp. said on Monday that it would explore options amid the shutdown of its wholly owned subsidiary Aseagas Corp.’s biomass power plant. “This continued shutdown will allow us to look […]
December 6, 2017

Transco asks government to fund interconnection project

By Lenie Lectura – December 4, 2017 from Business Mirror   THE National Transmission Corp. (Transco) wants the government to finance the multibillion-peso Visayas-Mindanao interconnection project (VIMP) so as to avoid any pass-on cost to consumers. “What we mentioned in our manifestation […]
December 4, 2017

NGCP seeks ERC’s nod on higher capex

By Lenie Lectura – December 3, 2017 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) seeks approval of the implementation of additional capital expenditures (capex) in the amount of P62.32 billion to be spent until 2020 for various transmission […]