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 […]