May 28, 2020
Published by admin at May 28, 2020
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Rural co-ops seek force-majeure relief from power contracts

By Adam J. Ang – May 27, 2020 | 8:43 pm from Business World RURAL power utilities are asking the Energy Regulatory Commission (ERC) to ease their obligations under power contracts entered into with generating companies, while promising to provide […]
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May 27, 2020
Published by admin at May 27, 2020
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MGen to build diversified power portfolio in 5 years

By Lenie Lectura – May 26, 2020 from Business Mirror THE power generating arm of the Manila Electric Co. (Meralco), Meralco PowerGen Corp. (MGen), is planning to build a portfolio of 3,000 megawatts (MW) in five years. “We are targeting […]
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May 26, 2020
Published by admin at May 26, 2020
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Murang Kuryente subsidy to take effect next year

By Adam J. Ang – May 22, 2020 | 6:37 pm from Business World   THE Power Sector Assets & Liabilities Management Corp.(PSALM) said the government’s subsidy for some universal charges will take effect next year, removing some of the […]
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May 19, 2020
Published by admin at May 19, 2020
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Quarantine grace periods weaken power firms’ finances as demand picks up

May 17, 2020 | 9:39 pm from Business World PIXABAY / JOHANNES PLENIO   THE quarantine grace periods on electricity bills have weakened the power industry’s finances even with power demand surging in the residential segment and as usage normalizes […]
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