Power News

August 26, 2017

PSALM debt down P45 billion, P490 billion more to settle

By Lenie Lectura – August 26, 2017 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has reduced its liabilities by over P45 billion at end-June this year, bringing down the state firm’s obligations to P490 billion. “PSALM financial […]
August 26, 2017

Manila power rates at par with Singapore

by Alena Mae S. Flores – August 24, 2017 at 06:58 pm from Manilastandard.net The Philippines’ power rates are among the highest in Asean, but are at par with Singapore, the Energy Department said in the newly released Power Development Plan for 2016 to […]
August 26, 2017

ERC files new motion seeking to lift High Court TRO on RCOA

By Myrna M. Velasco – August 25, 2017, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has recently filed a motion with the Supreme Court seeking the lifting of its temporary restraining order (TRO) against the enforced rules of […]
August 25, 2017

Solar Philippines eyes factory expansion

by Alena Mae S. Flores – August 23, 2017 at 08:11 pm from manilastandard.net STO. TOMAS, Batangas—Solar Philippines may expand its solar panel factory here to bring the capacity to 2,000 megawatts by next year. Solar Philippines president Leandro Leviste told reporters the […]
August 24, 2017

Millennial-owned firm inaugurates solar farm

By Lenie Lectura – August 23, 2017 from Business Mirror THE country’s first solar farm was inaugurated on Wednesday, establishing the Philippines as a major player in the global renewable-energy revolution, and enabling solar panels to become accessible to everyday Filipinos. The Solar […]
August 24, 2017

PEMC transition into IMO still in the works after 12 years

By Lenie Lectura – August 23, 2017 from Business Mirror The transition committee in Philippine Electricity Market Corp. (PEMC) is expected to include in its report to the Department of Energy (DOE) the composition of an independent market operator (IMO). Under the Electric […]
August 24, 2017

SC asked to lift order vs power competition

by Alena Mae S. Flores – August 23, 2017 at 08:43 pm from Manilastandard.net The Energy Regulatory Commission said Thursday it filed an appeal with the Supreme Court to lift the temporary retraining order on retail competition and open access. ERC officer-in-charge and commissioner […]
August 23, 2017

Senate not convinced NEA did best to contain Palawan brownouts

By Lenie Lectura – August 22, 2017 from Business Mirror A REPORT on the frequent brownouts in Palawan submitted by the National Electrification Administration (NEA) failed to convince a lawmaker the agency did its best to address the problem. Sen. […]
August 23, 2017

Govt to push through with Malaya plant sale

by Alena Mae S. Flores – August 21, 2017 at 08:31 pm from Manilastandard.net The government will push through with the privatization of the 650-megawatt Malaya thermal power plant in Pililla, Rizal this year to ensure additional capacity in the Luzon grid. “What DoE […]
August 22, 2017

Still no decision from DOE on MTPP privatization plan

By Lenie Lectura – August 21, 2017 from Business Mirror The Department of Energy (DOE) is expected to inform the Power Sector Assets and Liabilities Management (PSALM) Board of its preference on how best to privatize the 650-megawatt (MW) Malaya […]