December 8, 2017

December power rates decline on peso recovery

By Alena Mae S. Flores – December 07, 2017 at 08:50 pm from Alena Mae S. Flores Electricity rates declined P0.3785 per kilowatt-hour in December, on lower generation charges amid a stronger peso and softer prices at the spot market. Meralco said a […]
December 7, 2017

AboitizPower ramping up generation capacity

By Lenie Lectura – December 6, 2017 from Business Mirror ABOITIZ Power Corp. is ramping up its power-generation capacity, with several hydro and base-load power plants targeted for completion next year. AboitizPower President Antonio Moraza said the company is set to add […]
December 6, 2017

PetroEnergy RE arm reaches power-generation milestone

By Lenie Lectura – December 4, 2017 from Business Mirror PETROGREEN Energy Corp. (PGEC), the renewable-energy (RE) arm of publicly listed PetroEnergy Resources Corp. (Perc), has already generated 1-billion kilowatt-hour (kWh) of electricity over the weekend. Perc announced on Monday that PGEC […]
December 6, 2017

Transco asks government to fund interconnection project

By Lenie Lectura – December 4, 2017 from Business Mirror   THE National Transmission Corp. (Transco) wants the government to finance the multibillion-peso Visayas-Mindanao interconnection project (VIMP) so as to avoid any pass-on cost to consumers. “What we mentioned in our manifestation […]