Power News

April 6, 2017

WESM-Mindanao still tangled with ‘market operation’ concerns

By Myrna M. Velasco – April 4, 2017, 10:00 PM from Manila Bulletin The proposed establishment of Wholesale Electricity Spot Market (WESM) in Mindanao is still tangled with somewhat “difficult to understand and resolve” as well as wobbly “market operation” concerns, […]
April 4, 2017

Cusi to push for total electrification by 2022

by Alena Mae S. Flores – April 02, 2017 at 08:40 pm from Manila Standard Today The Energy Department is pushing for total household electrification by 2022 from 90.65 percent as of December last year. “As a priority concern, we strongly aim for […]
April 3, 2017

SMC mulls $3.6-B tidal energy facility

By Myrna M. Velasco – April 2, 2017, 10:01 PM from Manila Bulletin The energy investment unit of diversifying conglomerate San Miguel Corporation (SMC) sets far-reaching plan for $3.6 billion worth of capital outlay on its planned tidal power facility that […]
April 3, 2017

DOE proposes to use ERD funds to avoid passed-on charges to consumers

By Philippine News Agency – April 1, 2017, 5:43 PM from Manila Bulletin Instead of passing on a 19-centavo universal charge on consumers, the Department of Energy (DOE) has proposed to use the Malampaya or Energy Resource Development (ERD) funds to […]
April 1, 2017

DOE: Malampaya fund can be used to pay NPC debts

By  Lenie Lectura – April 1, 2017 from Business Mirror The Department of Energy (DOE) strongly  urged lawmakers to pass a legislation that will allow the government to tap the Malampaya fund in paying the stranded debts of the National Power Corp. (NPC). […]
April 1, 2017

Duterte appoints new Napocor head

by Alena Mae S. Flores – March 30, 2017 at 07:40 pm from Manila Standard Today Malacañang appointed Pio Benavidez as new president of state-run National Power Corp. in place of Gladys Sta. Rita. Benavidez was appointed to the board only this month […]
March 31, 2017

PSALM resets auction of Malaya thermal-power plant

By Lenie Lectura – March 29, 2017 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) has postponed the auction of the 650-megawatt Malaya thermal-power plant. The power facility was supposed to be sold on Thursday, March 30, to four interested […]
March 29, 2017

ERC allows universal charge

by Alena Mae S. Flores – March 28, 2017 at 08:53 pm from Manila Standard Today The Energy Regulatory Commission has allowed Power Sector Assets and Liabilities Management Corp. to continue the collection of universal charge for stranded contract cost of P0.1938 per […]
March 29, 2017

DOE faces House probe on summer’s plant shutdowns

By Myrna M. Velasco – March 28, 2017, 10:00 PM from Manila Bulletin The House of Representatives is set to drag the Department of Energy (DOE) into another round of investigation on why it has not been able to efficiently evade […]
March 29, 2017

Global Power makes pitch for initial 67MW biomass capacity

By Myrna M. Velasco – March 28, 2017, 10:01 PM from Manila Bulletin Beyond investments on conventional energy technologies for baseload power supply, Global Business Power Corporation (GBP) is now re-casting its portfolio for the inclusion of renewable energy (RE) ventures […]