June 11, 2021

DOE seeks government return to power generation business

By Myrna M. Velasco – June 11, 2021, 7:00 AM from Manila Bulletin The Department of Energy (DOE) is seeking government’s return to power generation business to primarily serve the power system’s requirement for reserves or ancillary services. Energy Secretary […]
June 11, 2021

Erring Gencos facing probe for collusion raps amid continuing brownouts

By Myrna M. Velasco – June 10, 2021, 2:54 PM from Manila Bulletin The Department of Energy (DOE) said erring power generation companies (GenCos) are being investigated for possible collusion that resulted in brownouts this year even as it raised […]
June 11, 2021

NGCP warns of power rate hike in DOE AS procurement

By Myrna M. Velasco – June 10, 2021, 4:22 PM from Manila Bulletin System operator National Grid Corporation of the Philippines (NGCP) has warned of spikes in the electricity bills of consumers if it will have to adhere to the […]
June 11, 2021

SMC Global issues $600-m bonds to fund power plants

By Alena Mae S. Flores – June 10, 2021 at 06:50 pm from manilastandard.net SMC Global Power Holdings Corp., the power generation arm of San Miguel Corp., said Thursday it issued $600-million worth of senior perpetual capital securities with an […]