Power News

June 28, 2017

ERC denies staff recommendation to consolidate cases against Meralco, TMO, and 1590 Energy

By Lenie Lectura – June 27, 2017 from Business Mirror THE Energy Regulatory Commission (ERC) denied the recommendation of a former investigating staff to consolidate the cases involving anticompetitive behavior and market abuse against the Manila Electric Co. (Meralco) and Therma Mobile Inc. […]
June 28, 2017

Enlistment kicks off for participants in WESM-Mindanao

By Myrna M. Velasco – June 27, 2017, 10:00 PM from Manila Bulletin With the launch of trial operations this week, formal registration of participants to the Wholesale Electricity Spot Market (WESM) in Mindanao also formally kicked off, according to a […]
June 27, 2017

ERC to schedule hearings vs 12 power companies

by Alena Mae S. Flores – June 25, 2017 at 06:01 pm from Manila Standard Today The Energy Regulatory Commission will schedule the long-delayed hearings against 12 companies charged with anti-competitive behavior, which increased prices at the wholesale electricity spot market in November […]
June 27, 2017

Scrapping of PBR power rate-setting pushed

By Myrna M. Velasco –  June 25, 2017, 10:01 PM from Manila Bulletin Consumer and advocacy groups are pushing for the scrapping of the performance-based regulation (PBR) on electricity rate-setting, with them noting that it had only been the profit-taking […]
June 27, 2017

ERC cautioned on new rate hike decisions

By Myrna M. Velasco – June 26, 2017, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is being cautioned on succeeding decisions it might render that would drive up electricity rates for consumers, especially those on feed-in-tariff (FIT) subsidy […]
June 22, 2017

AC Energy tapped to supply electricity to FBDC buildings

By Lenie Lectura – June 21, 2017  from Business Mirror FORT Bonifacio Development Corp. (FBDC), the developer of Bonifacio Global City (BGC), has tapped AC Energy Holdings Inc., the power arm of Ayala Corp., to supply electricity to its buildings. A retail electricity supply […]
June 22, 2017

DOE exec backs NEA’s bid to expand mandate

By Lenie Lectura – June 21, 2017 from Business mirror A Department of Energy (DOE) official is supporting the National Electrification Administration (NEA) in its plan to expand its authority over power distribution utilities (DUs). Energy Undersecretary Benito Ranque has committed to […]
June 22, 2017

Malampaya gas plant in Palawan set for more maintenance shutdown

By Lenie Lectura – June 21, 2017  from Business Mirror THE Malampaya natural- gas facility in Palawan will undergo another maintenance shutdown in July and September this year, but power supply in Luzon will not be affected, the Department of Energy (DOE) […]
June 21, 2017

ERC warned against petitions to hike rates

by Alena Mae S. Flores – June 20, 2017 at 08:31 pm from Manila Standard Today Consumer group Citizen Watch cautioned the Energy Regulatory Commission against approving some pending applications that will increase power rates. “We praise the Commission for issuing this order […]
June 20, 2017

AboitizPower to issue 10-yr bonds worth P2B next month

By Lenie Lectura – June 19, 2017 from Business Mirror ABOITIZ Power Corp. (AboitizPower) will initially issue P2 billion worth of 10-year bonds next month, following regulatory approval sought on Monday. The power firm received the order of registration and certificate of permit to offer […]