September 27, 2021

‘Power reserves market to launch in 2022’

BY LENIE LECTURA – SEPTEMBER 27, 2021 from Business Mirror Photo from www.iemop.ph THE target date for the trading of power reserves in the spot market would be moved to 2022, the Independent Electricity Market Operator of the Philippines (IEMOP) […]
September 27, 2021

70:30 Malampaya royalty sharing dangled

By Myrna M. Velasco – September 26, 2021, 10:00 PM from Manila Bulletin A more generous 70:30 royalty sharing in favor of the government is coming forth as the tenor in negotiations on the proposed license extension for the Malampaya […]
September 27, 2021

NEA gets P1.8-B electrification budget

By Myrna M. Velasco – September 26, 2021, 7:30 PM from Manila Bulletin Government-run National Electrification Administration (NEA) got an allocation of P1.8 billion budget only for its electrification mandate, enormously falling short of the P18 billion funding needed to […]
September 25, 2021

Energy dep’t may halt subsidies to remote areas that link to grid

By Angelica Y. Yang – September 23, 2021 | 8:46 pm from Business World THE DEPARTMENT of Energy (DoE) is proposing to halt the Universal Charge for Missionary Electrification (UC-ME) subsidy for remote areas that connect with the main power […]