Power News

December 5, 2016

ERC officials told to make way for graft probe

by Alena Mae S. Flores – December 02, 2016 at 11:50 pm from Manila Standard Today ENERGY Secretary Alfonso Cusi on Friday advised the five commissioners of the Energy Regulatory Commission to take a leave of absence while the case of an employee […]
December 5, 2016

Cusi nixes new feed-in tariff

by Alena Mae S. Flores – December 04, 2016 at 09:15 pm from Manila Standard Today Energy Secretary Alfonso Cusi is not inclined to a third round of feed-in tariff to ease the burden of consumers from high electricity rates. “As long as […]
December 3, 2016

Meralco gets power retailing license via Vantage Energy

by Myrna M. Velasco 01 December 2016 from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has formally applied for a license as retail electricity supplier (RES) so it can serve big-ticket contestable customers under the retail competition and […]
December 1, 2016

Desco gets 80% in Iriga geothermal service bloc

by Alena Mae S. Flores – November 30, 2016 from Manila Standard Today The Energy Department approved the transfer of an 80-percent stake in Iriga geothermal service contract from Basic Energy Corp. to local company Desco Inc. “Yes, it’s already approved,” said Arnel […]
December 1, 2016

Global Power eyes 100MW in retail electricity market

By Myrna M. Velasco – November 30, 2016, 10:01 PM from Manila Bulletin Through its licensed retail electricity supplier (RES) unit, Global Business Power Corporation (GBPC) is targeting to grow its capacity in the contestable market by 100 megawatts (MW) until […]
December 1, 2016

Electricity galore: From shortage to oversupply

By Lenie Lectura – November 30, 2016 from Business Mirror TOWARD the end of the Aquino administration, the government was scrambling to avert a looming power crisis in Luzon, while Mindanao was already experiencing rotational brownouts. Now, power-industry stakeholders fear there could be […]
November 29, 2016

First Gen steps up call on gov’t to come up with ‘energy-mix policy’

By Myrna M. Velasco – November 28, 2016, 10:01 PM from Manila Bulletin Anchoring business case on its gas portfolio, First Gen Corporation of the Lopez group has intensified call on the government to firm up an “energy mix policy” and […]
November 29, 2016

BNPP rehabilitation costs could run higher than $1 B

By Myrna M. Velasco – November 28, 2016, 10:01 PM from Manila Bulletin The scale of rehabilitation cost required for the Bataan Nuclear Power Plant (BNPP) may surpass the initially crunched figure of US$1.0 billion, according to industry experts who previously […]
November 28, 2016

DOE addresses Mindanao’s higher power rates

By Myrna M. Velasco – November 27, 2016, 10:01 PM from Manila Bulletin With the grid’s supply source diverting massively from traditionally cheaper hydro, Energy Secretary Alfonso G. Cusi is now sorting out solution to Mindanao’s dilemma over relatively pricier power […]
November 25, 2016

Duterte threatens to abolish ERC, if execs won’t quit

By FRINSTON LIM AND DAXIM L. LUCAS – November 25, 2016, 04:13 AM from Philippine Daily Inquirer DAVAO CITY—President Duterte has lashed out at officials of the Energy Regulatory Commission (ERC) for refusing to resign following allegations of corruption and threatened to […]