Power News

October 21, 2016

SPC Power to PSALM: Ask SC to reconsider award to build power plant to another firm

by Lenie Lectura – October 19, 2016 from Business Mirror PUBLICLY listed SPC Power Corp.  on Wednesday  urged the  Power Sector Assets and Liabilities Management Corp. (PSALM) to seek a motion for reconsideration before the Supreme Court (SC), after the […]
October 21, 2016

Ayala set to invest P80b in power plants

by Alena Mae S. Flores – October 19, 2016 at 11:30 pm from Manila Standard Today AC Energy Holdings Inc., the energy arm of Ayala Corp., committed to invest close to P80 billion to bring its capacity to 2,000 megawatts in the next […]
October 19, 2016

Electricity spot-market rate dipped to P2.86/kWh in September–PEMC

by Lenie Lectura – October 18, 2016 from Business Mirror Market prices in the electricity market went down to P2.86 per kilowatt hour (kWh) in September billing period as against a month earlier, the Philippine Electricity Market Corp. (PEMC) said […]
October 19, 2016

Power industry players frown at nuclear option

by Myrna Velasco – October 18, 2016 from Manila Bulletin Department of Energy (DOE) is pushing the envelope when it comes to integrating nuclear into the country’s technology options in the shifting energy mix, but power industry players are giving it the […]
October 18, 2016

Senator wants energy projects protected

by Alena Mae S. Flores – October 17, 2016 at 11:25 pm from Manila Standard Today Senator Sherwin Gatchalian plans to file a bill declaring energy proposals as projects of national significance. “That’s one of the bills that will be […]
October 18, 2016

First Gen to bid for 300MW mid-merit needs of Meralco

by Myrna Velasco – October 17, 2016 from Manila Bulletin First Gen Corporation will be joining the competitive selection process (CSP) set out by Manila Electric Company (Meralco) for up to 300 megawatts of its mid-merit power supply needs. In a power […]
October 17, 2016

Cusi to work on energy policies

by Myrna Velasco – October 15, 2016 from Manila Bulletin Following the confirmation of Energy Secretary Alfonso G. Cusi by the Commission on Appointments (CA), the Department of Energy (DOE) is expected to finally start pursuing serious and realistic policy […]
October 14, 2016

Firm gets license to operate retail power-supply business

by Lenie Lectura – October 13, 2016 from Business Mirror The Energy Regulatory Commission (ERC) has granted Corenergy Inc. a retail electricity supplier (RES) license, after it complied with the technical, financial and administrative requirements, proving the company’s capability to operate […]
October 14, 2016

SC rules in favor of Aboitiz on Naga plant

by Alena Mae S. Flores – October 13, 2016 at 11:50 pm from Manila Standard Today The Supreme Court upheld a decision that nullified the awarding of the 153.1-megawatt Naga power plant complex in Cebu to SPC Power Corp. and effectively recognized a […]
October 14, 2016

FIT-All of P0.24/kWh to hit consumers harder

by Myrna Velasco – October 13, 2016 from Manila Bulletin The price of so-called clean energy is going to hit harder on Filipino consumers with the targeted application of up to P0.24 per kilowatt-hour (kWh)feed-in-tariff allowance (FIT-All) by fund administrator National Transmission […]