Power News

October 13, 2017

NGCP targets Mindanao grid reinforcement by 2019

By Myrna M. Velasco – October 12, 2017, 10:01 PM from Manila Bulletin Following last weekend’s partial blackout in Mindanao, the country’s power system operator has announced that it will be completing reinforcement at the grid by the first quarter of […]
October 12, 2017

ERC collates feedback on bill-deposit draft rules

By Lenie Lectura – October 11, 2017 from Business Mirror The Energy Regulatory Commission (ERC) is soliciting comments on the newly released draft rules governing the monitoring and reporting process of bill deposits. A bill deposit, equivalent to the estimated billing for one […]
October 12, 2017

Visayas electricity supply still tight

by Alena Mae S. Flores – October 11, 2017 at 07:33 pm from manilastandard.net The Visayas grid will experience tight power supply, with “yellow and red alerts” until December this year, underscoring the need for additional reserves in the region, an official of Philippine […]
October 12, 2017

Saudi, other foreign firms set tenders on AES asset sale

By Myrna M. Velasco – October 11, 2017, 10:00 PM from Manila Bulletin Saudi Arabian company ACWA Power is reportedly among the prospective investors that had put an offer into the targeted divestment of the Philippine assets of American firm AES […]
October 10, 2017

VisMin power link-up could be EO 30 ‘pilot project’

By Myrna M. Velasco – October 9, 2017, 10:01 PM from Manila Bulletin The Visayas-Mindanao Interconnection Project (VMIP) is hinted as the ‘pilot project’ that will likely test the viability of President Rodrigo Duterte’s Executive Order No. 30, or the Malacanang-issued […]
October 10, 2017

Consumers could unduly face volatile WESM prices – SMC

By Myrna M. Velasco – October 8, 2017, 10:00 PM from Manila Bulletin The legally-contested action of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) terminating the independent power producer administrator (IPPA) agreement for the supply contract of the 1,200-megawatt […]
October 10, 2017

Power rates slightly rise in October as oil firms cut fuel pump price

By Lenie Lectura – October 9, 2017 from Business Mirror Electricity prices are on the rise this month, while fuel pump prices will be reduced after two straight weeks of upward adjustments.The Manila Electric Co. (Meralco) said on Monday it will implement […]
October 10, 2017

Meralco signs deal with solar company

By Alena Mae S. Flores – October 09, 2017 at 07:17 pm from manilastandard.net Manila Electric Co. has signed a supply agreement with Solar Philippines Tarlac Corp. for up to 85 megawatts of power supplied from the latter’s Tarlac solar facility at […]
October 9, 2017

Ang asks Psalm to act against volatility of spot-market prices

By Lenie Lectura – October 8, 2017 from Business Mirror BUSINESSMAN Ramon S. Ang urged the Power Sector Assets and Liabilities Management Corp. (Psalm) to protect consumers from volatility of spot-market prices and not expose them. Ang issued his statement as […]
October 9, 2017

Meralco to pursue bid for AEC stake

By Lenie Lectura – October 3, 2017 from Business Mirror THE Manila Electric Co. (Meralco) said it would pursue bidding for AES Corp.’s controlling stake in the 600-megawatt (MW) coal-power plant in Masinloc, Zambales. Meralco President Oscar Reyes said the utility firm is […]