December 21, 2021

NGCP energizes 3 provinces in Visayas

BY LENIE LECTURA – DECEMBER 20, 2021 from Business Mirror The National Grid Corporation of the Philippines (NGCP) has energized on Monday the provinces of Samar, Cebu, and Leyte, following the implementation of its alternative power restoration scheme after the […]
December 20, 2021

Energy firms race to restore power in typhoon-hit areas

BY LENIE LECTURA – DECEMBER 20, 2021 from Business Mirror Power industry stakeholders said Sunday power could be fully restored in areas struck by Typhoon Odette (international code name Rai) before Christmas. During a briefing, Department of Energy’s (DOE) Electric […]
December 20, 2021

PSALM gets huge tax cuts in new EO

By Myrna M. Velasco – December 19, 2021, 9:30 PM from Manila Bulletin The newly issued Executive Order No. 157 will significantly reduce the real property tax (RPT) obligations of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) for […]
December 20, 2021

WESM suspended due to power oversupply during typhoon

By Marielle C. Lucenio - December 17, 2021 | 7:31 pm from Business World The Energy Regulatory Commission (ERC) suspended the Wholesale Electricity Spot Market (WESM) late Thursday after oversupply conditions on the grid during typhoon Odette (Intenational name: Rai). The […]