April 26, 2021

VEC Gets DOE Nod To Proceed With LNG Project

BY LENIE LECTURA – APRIL 26, 2021 from Business Mirror The Department of Energy (DOE) gave its green light to Vires Energy Corp. (VEC) to proceed with the development of its planned Integrated Natural Gas-Fired Power Plant and liquefied natural […]
April 26, 2021

WESM seeking additional fees for RE market

By Myrna M. Velasco – April 26, 2021, 6:30 AM from Manila Bulletin The Philippine Electricity Market Corporation (PEMC), which regulates the Wholesale Electricity Spot Market (WESM), is seeking approval for an additional spot market transaction fees to be slapped […]
April 26, 2021

DOE, DTI to craft standards for natural gas industry

By Myrna M. Velasco – April 26, 2021, 6:30 AM from Manila Bulletin The Department of Energy (DOE) has entered into a memorandum of agreement (MOA) with the Department of Trade and Industry (DTI) for them to collaborate on the […]
April 24, 2021

Gov’t mulls ‘economic sabotage’ raps versus erring power firms

By Myrna M. Velasco – April 23, 2021, 12:15 PM from Manila Bulletin The power generation companies (GenCos) that are experiencing prolonged outages on their generation facilities could face anti-competitive behavior and economic sabotage raps because they have been violating […]