June 26, 2020

Duterte alarmed by high power rates; ERC to probe consumers’ ‘bill shock’

By Argyll Geducos – Updated June 25, 2020, 6:08 PM from Manila Bulletin Malacañang said President Duterte was alarmed by “bill shock” experienced by consumers of Meralco following the period of the enhanced community quarantine (ECQ), particularly in Metro Manila. […]
June 26, 2020

ERC dismisses PSALM’s bid to collect more stranded costs

By Alena Mae S. Flores – June 25, 2020 at 10:05 pm from manilastandard.net The Energy Regulatory Commission dismissed several petitions filed by Power Sector Assets and Liabilities Management Corp. to collect stranded contract costs and stranded debts under the […]
June 25, 2020

Cusi still pushes for nuclear program

By Alena Mae S. Flores – June 24, 2020 at 09:35 pm from manilastandard.net The Energy Department continues to invite investors in the power sector, including nuclear energy, to attain energy security given the anticipated increase in future demand. “I […]
June 25, 2020

Australian firm rejects Ayala affiliate’s takeover bid

By Jordeene B. Lagare – June 25, 2020 from The Manila Times Australia-based Infigen Energy Ltd. rejected the A$777-million takeover proposal of an affiliate company of Ayala-led AC Energy Inc. and favored instead the offer of a multinational electric utility […]