Power News

December 2, 2017

Power trading more complex than stocks

By Alena Mae S. Flores – December 01, 2017 at 08:50 pm from manilastandard.net Philippine Electricity Market Corp. is not too keen on the prospect of the Philippine Stock Exchange operating the country’s electricity spot market. PEMC president Oscar Ala, who also sits […]
December 1, 2017

ERC directed to craft rules on lower RCOA

By Myrna M. Velasco – November 30, 2017, 10:00 PM from Manila Bulletin Independent entity Energy Regulatory Commission (ERC) has been directed by the Department of Energy (DOE) to craft the guidelines on the lowered threshold of retail competition and open […]
December 1, 2017

New commissioner vows to put ERC in order

By Alena Mae S. Flores – November 30, 2017 at 10:05 pm from manilastandard.net Newly-installed Energy Regulatory Commission chairman Agnes Devanadera said she wants to put order in the commission and provide better service to power consumers. Devanadera, a former Justice secretary, replaced […]
December 1, 2017

MPIC unit, Alsons seal power deal

By Lenie Lectura – November 29, 2017 from Business Mirror THE partnership between Alsons Consolidated Resources Inc. (ACR) of the Alcantara Group and Global Business Power Corp. (GBP), an associate of Metro Pacific Investments Corp. (MPIC), has been finalized following the signing […]
November 29, 2017

Govt urged to scrutinize proposed rules on sourcing renewable energy

By Lenie Lectura – November 26, 2017 from Business Mirror The Manila Electric Co. (Meralco) “strongly recommends” a deferment of the implementation of Renewable Portfolio Standards (RPS) until further comprehensive studies on the feasibility and necessity of such policy mechanism is conducted. […]
November 28, 2017

Over 20 solar firms offer output to Meralco

By Alena Mae S. Flores – November 27, 2017 at 08:40 pm from manilastandard.net Manila Electric Co. said it received offers from over 20 solar power developers to supply the power retailer with renewable energy. “We’re looking at renewables, but renewables that will […]
November 25, 2017

Devanadera designated as Chair of battle-scarred ERC

By Myrna M. Velasco – November 24, 2017, 3:37 PM from Manila Bulletin After almost a year of being mired in controversial wrangles, the Energy Regulatory Commission (ERC) will be having former Solicitor General Agnes VST Devanadera as its chairperson replacing […]
November 25, 2017

Chinese firm, MRC sign LNG agreement

By Alena Mae S. Flores – November 24, 2017 at 08:20 pm from manilastandard.net MRC Allied Inc. said Friday it signed an agreement with China Energy Engineering Group Guangdong Power Engineering Co. LTD. to explore the possibility of building and operating liquefied natural […]
November 23, 2017

Bill expedites grant of permits to power projects, cuts monthly electricity rates

By Lenie Lectura – November 22, 2017 from Business Mirror A proposed law seeking to modernize and streamline the grant of permits to energy-generation projects in the country could reduce consumer electricity prices by as much as P1 per kilowatt hour (kWh). […]
November 22, 2017

Meralco outlines cost of DU disaster-resiliency program

By Lenie Lectura – November 21, 2017 from Business Mirror A proposed Department of Energy (DOE) policy meant to ensure that energy-related facilities are resilient enough to continue providing power in case of disasters will entail additional investments on industry players, the […]