July 25, 2017

PSALM gets regulator’s nod to collect P37 billion from NPC

By Lenie Lectura – JULY 24, 2017 from Business Mirror THE Energy Regulatory Commission (ERC) has allowed the Power Sector Assets and Liabilities Management (PSALM) Corp. to collect from consumers a total of P37 billion, representing the stranded debts and stranded contract costs […]
July 25, 2017

AC Energy, UPC Renewables ink deal for Indonesia project

By Lenie Lectura – JULY 24, 2017 from Business Mirror A UNIT of AC Energy Holdings Inc. (AC Energy) has partnered with UPC Renewables Asia Pacific Holdings Ltd. and UPC Renewables for a power project in Indonesia. “AC Energy International Holdings Pte […]
July 21, 2017

Plant shutdowns to cut Luzon grid’s July-September power supply by 2,000 MW

By Lenie Lectura – July 20, 2017 from Business Mirror ABOUT 2,650 megawatts (MW) of power-generating capacity will be shaved off from the Luzon grid in the July-to-September period, owing to a number of power plants that are scheduled to go offline. The […]
July 21, 2017

DOE approves grid-impact study for five more power projects

By Lenie Lectura – July 20, 2017 from Business Mirror THE Department of Energy (DOE) has cleared five power projects for the conduct of a grid-impact study (GIS). A clearance for the conduct of GIS is necessary for a power firm before it […]