August 8, 2024

Citicore posts 9% net income hike to P910 million

BY MYRNA M. VELASCO – Aug 7, 2024 05:24 PM from Manila Bulletin AT A GLANCE There had been three-tiered drivers to Citicore’s profitability: and these were primarily from sale of electricity as the major contributor; then earnings arising from […]
August 7, 2024

ERC logs P49-billion savings for RES customers

BY MYRNA M. VELASCO – Aug 6, 2024 11:40 AM from Manila Bulletin AT A GLANCE According to the ERC, the average tariff being enjoyed by RES customers hovered at P5.49 per kilowatt hour (kWh) as against the more expensive […]
August 7, 2024

DOE wants shorter than three-months SIS process for power projects

BY MYRNA M. VELASCO – Aug 6, 2024 07:02 AM from Manila Bulletin AT A GLANCE According to system operator National Grid Corporation of the Philippines (NGCP), the SIS serves as a “critical assessment that determines the capacity of the […]
August 5, 2024

DOE engaging JICA for inventory of new sites for hydropower projects

BY MYRNA M. VELASCO – Aug 5, 2024 06:37 AM from Manila Bulletin AT A GLANCE The hydropower site survey is among the strategic partnerships being pursued with the Japanese government on the area of energy cooperation – and that […]