Power News

February 23, 2017

DMCI Power to invest P1.2 billion in power projects this year

By Lenie Lectura – February 22, 2017 from Business Mirror DMCI Power Corp. (DPC) is pouring in P1.2 billion this year to finance a number of power projects. DPC President Nestor D. Dadivas said the amount is meant to augment the power firm’s existing […]
February 23, 2017

ERC eyes options on retail row

by Alena Mae S. Flores – February 22, 2017 at 08:05 pm from Manila Standard Today The Energy Regulatory Commission and the Energy Department are exploring legal options in the wake of the Supreme Court’s issuance of a temporary restraining order against mandatory […]
February 23, 2017

PEMC eyed as 3rd party CSP power contracting auctioneer

By Myrna M. Velasco – February 22, 2017, 10:01 PM from Manila Bulletin The Philippine Electricity Market Corporation (PEMC), operator of the Wholesale Electricity Spot Market (WESM), is being designated as the third party auctioneer in the competitive selection process (CSP) […]
February 21, 2017

Meralco’s rate hike plea reviewed

by Alena Mae S. Flores – February 20, 2017 at 09:13 pm from Manila Standard Today The Energy Regulatory Commission will decide on the petition of Manila Electric Co. to stagger the power retailer’s P0.92 per kilowatt-hour rate increase as a result of […]
February 21, 2017

P50-M budget for DOE’s one-stop shop project approval platform

By Myrna M. Velasco – February 20, 2017, 10:00 PM from Manila Bulletin An initial allocation of P50 million has been set for the proposed “Virtual One-Stop Shop” (VOSS) platform for power project approvals that shall be placed under the supervision […]
February 20, 2017

DOE, Peza ink MOU to cut power cost in ecozones

By Lenie Lectura – February 19, 2017 from Business Mirror The Department of Energy (DOE) and the Philippine Economic Zone Authority (Peza) signed a memorandum of understanding (MOU) aimed at reducing the power cost in ecozones to attract more investors. Representatives […]
February 20, 2017

Roxas delays biomass project

by Jenniffer B. Austria and Alena Mae S. Flores –  February 19, 2017 at 08:40 pm from Manila Standard Today Roxas Holdings Inc. and Global Business Power Corp. have temporarily shelved their planned 40-megawatt, co-generation power plant in Negros Occidental province due to […]
February 20, 2017

Basic Energy, Thai firm in RE venture

By Myrna M. Velasco – February 18, 2017, 10:01 PM from Manila Bulletin Publicly listed Basic Energy Corporation (BEC) has firmed up a partnership deal with Thai firm Vintage Engineering Public Company Ltd. (VTE) for renewable energy (RE) ventures. The Filipino […]
February 20, 2017

Changes in Malaya plant bidding terms likely (Conversion to LNG eyed)

By Myrna M. Velasco – February 19, 2017, 10:01 PM from Manila Bulletin The bidding terms of reference for the privatization of the 650-megawatt Malaya thermal power plant will likely be adjusted based on the action point set by Energy Secretary […]
February 18, 2017

Malampaya shutdown completed, but rate hikes await consumers

By Myrna M. Velasco – February 17, 2017, 10:00 PM from Manila Bulletin The maintenance shutdown of the Malampaya gas production facility had been completed without consumers suffering from the anguish of rolling brownouts, but in the next three months, its […]