Power News

July 3, 2017

ERC renews permits of three power co-ops by 5 more years

By Lenie Lectura – July 2, 2017 from Business Mirror The Energy Regulatory Commission (ERC) recently renewed the permits of Mindoro Grid Corp. (MGC-Igacos), AP Renewables Inc. (Apri) and Oriental Mindoro Electric Cooperative Inc. (Ormeco) for five more years. The certificates of compliance (COCs) […]
July 3, 2017

Meralco blames weak Peso, power outages for hike in July billing

By Lenie Lectura – July 2, 2017 from Business Mirror GENERATION charge, a big chunk of an electric  bill, is expected to go up this month. According to the Manila Electric Co. (Meralco), there are two factors that are expected to push generation […]
July 1, 2017

Power firms get one-year reprieve

Alena Mae S. Flores – June 30, 2017 at 09:07 pm  from Manila Standard Today The Energy Regulatory Commission has given power generation and distribution firms until June next year to offer and sell a portion of not less than 15 […]
July 1, 2017

Palace issues EO streamlining approval of energy projects (Costing at least P3.5 billion)

By Myrna M. Velasco –  June 30, 2017, 10:01 PM from Manila Bulletin President Rodrigo R. Duterte has issued Executive Order (EO) 30 classifying energy projects to be of national significance, and thus, processes of licensing and permitting on their implementations […]
July 1, 2017

DOE prepares new board for WESM

By Myrna M. Velasco – June 29, 2017, 10:01 PM from Manila Bulletin The ‘real action’ had been on the launch of the Wholesale Electricity Spot Market (WESM) in Mindanao, but torrents of discussion in the power industry had been on […]
June 30, 2017

PSALM seeks ERC approval for true-up rates adjustment

By Lenie Lectura – June 29, 2017 from Business Mirror Power rates in Luzon may go down by P0.556 per kilowatt-hour (kWh) should the Energy Regulatory Commission (ERC) approve the adjustment in the fuel and foreign exchange costs of the Power Sector Assets […]
June 29, 2017

Citicore Power seeking DOE okay for 1,000-MW goal for RE projects

By Lenie Lectura – June 28, 2017 from Business Mirror CITICORE Power Inc. (CPI) is actively pursuing hydropower investments to meet its 1,000 megawatt (MW) capacity target of renewable energy (RE). The company, currently an active member of the PhilHydro Association Inc., said on Wednesday it has […]
June 29, 2017

Groups urge ERC to thrash Meralco’s ‘shady’ PSA deals

By Lenie Lectura – June 28, 2017 from Business Mirror Members of civil society and representatives of communities and consumers affected by the operations of coal-fired power plants filed on Wednesday before the Energy Regulatory Commission (ERC) separate petitions for intervention regarding Manila […]
June 29, 2017

PEMC launches trial operations of Mindanao power spot market

By Lenie Lectura – June 28, 2017 from Business Mirror A total of 41 firms participated in the trial operations for a spot market in Mindanao, the Philippine Electricity Market Corp. (PEMC) said on Wednesday. The trial operations of the Wholesale Electricity Spot […]
June 28, 2017

WESM mitigating measure set ahead of Malampaya repair

By Myrna M. Velasco – June 21, 2017, 10:00 PM from Manila Bulletin. To cushion cost impact on consumers for “extraordinary events” affecting electricity supply flow, a supplementing mitigating measure at the Wholesale Electricity Spot Market (WESM) had already been given […]