November 30, 2022

First Gen sets redemption of P4.7 B worth of preferred shares

By Myrna M. Velasco – November 29, 2022, 9:52 AM from Manila Bulletin Lopez-led First Gen Corporation has scheduled for December the redemption of various preferred shares worth P4.7 billion by its investors, as approved by the company’s board of […]
November 29, 2022

Red alerts tormenting Luzon grid power supply again

By Myrna M. Velasco – November 28, 2022, 1:52 PM from Manila Bulletin From the rotational brownouts on Sunday and the momentary declaration of “red alert” on Monday, Nov. 28, alarm bells are being raised that consumers may need to […]
November 28, 2022

ERC to review ‘market share limit’ of storage system

By Myrna M. Velasco – November 27, 2022, 8:30 PM from Manila Bulletin The Energy Regulatory Commission (ERC) will review the market share limitation of battery energy storage system (BESS) given its current classification as a “generation” capacity based on […]
November 26, 2022

ERC widens review on over-contracting

By Myrna M. Velasco – November 25, 2022, 9:15 AM from Manila Bulletin The Energy Regulatory Commission (ERC) is widening its review on over-contracting of power supply being carried out by private distribution utilities (DUs) and electric cooperatives (ECs) as […]