Power News

January 11, 2017

Generation companies raise concern over WESM trading platform changes

By Myrna M. Velasco –  January 9, 2017, 10:00 PM from Manila Bulletin Power generation companies (GenCos) have formally raised their concern with the Philippine Electricity Market Corporation (PEMC) on the trading platform changes being introduced in the new market […]
January 9, 2017

Gatchalian seeks bill on ‘competitive’ power cost

by Alena Mae S. Flores – January 08, 2017 at 07:25 pm from Manila Standard Today Sen. Sherwin Gatchalian is pushing for a legislation that will standardize the competition selection process for distribution utilities and electric cooperatives. “In our consultations, it is a […]
January 5, 2017

AC Energy to sell hydro projects to concentrate on other RE sources

By Lenie Lectura – January 3, 2017 from Business Mirror AC Energy Holdings Inc., the power arm of conglomerate Ayala Corp., is letting go of its hydro investments to focus on other renewable-energy (RE) sources. In a disclosure to the stock exchange on Tuesday,  AC […]
January 5, 2017

Luzon faces tight power supply

by Alena Mae S. Flores – January 04, 2017 at 08:40 pm from Manila Standard Today Luzon faces tight power supply next month, as the repair of Malampaya natural gas project and the shutdown of several power plants will deprive the island of […]
January 5, 2017

DOE awards new contracts for hydro, geothermal dev’ts

By Myrna M. Velasco –  January 4, 2017, 10:01 PM from Manila Bulletin Department of Energy (DOE) has awarded 10 new areas of development for hydropower and geothermal projects via its open and competitive selection process (OCSP) scheme of contracting. […]
January 4, 2017

ERC hears wind developers bid for higher FIT rate

By Myrna M. Velasco –  January 2, 2017, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is scheduling public hearing for the bid of wind farm developers for a higher feed-in-tariff (FIT) rate of P7.93 per kilowatt hour […]
December 31, 2016

Senator wants red tape in energy projects cut in half

By Myrna M. Velasco – December 30, 2016, 10:00 PM from Manila Bulletin Through a legislative measure, Senate Committee on Energy Chairman Sherwin T. Gatchalian is working on fast-tracking approvals of energy projects – with the timelines cut in half from […]
December 29, 2016

Power producers want to keep ERC’s mandate

by Alena Mae S. Flores – December 28, 2016 at 08:50 pm from Manila Standard Today The Philippine Independent Power Producers Association expressed hope the Energy Regulatory Commission will remain the energy sector’s regulatory body, exercising its mandate under the Electric Power Industry […]
December 28, 2016

High power rates’ discontent: Long on ideas, short on cash (Part II)

By Myrna M. Velasco – December 27, 2016, 10:01 PM from Manila Bulletin The multi-dimensional discourse centering on assumptions that “the Philippines has one of the highest electricity rates in Asia” has so far been overplayed.  Many times, it had drawn […]
December 27, 2016

DOE to publish schedules of plant shutdowns

By Myrna M. Velasco – December 25, 2016, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is clearing the way into making public the maintenance shutdown of power plants to avoid simultaneous scheduling and deter probable market gouging arising […]