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NGCP issues yellow, red alerts for Visayas grid; Luzon, Mindanao grids in yellow alert

The National Grid Corporation of the Philippines hoisted red and yellow alert statuses over Visayas power grids while the Luzon and Mindanao grids were placed under a yellow alert status on Wednesday......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Cebu-Negros-Panay sub-grids bolster power reliability in Panay Island

Cebu-Negros-Panay sub-grids bolster power reliability in Panay Island.....»»

Category: newsSource:  sunstarRelated NewsApr 10th, 2024

PH power grids now connected

PH power grids now connected.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

ERC OKs limited use of LNG for Meralco, FGEN

The Energy Regulatory Commission has allowed First Gas Power Corp. and FPG Corp. to use liquefied natural gas as an alternative fuel supply source for the Sta. Rita and San Lorenzo gas plants “in the case of the occurrence of a fuel supply force majeure event.”.....»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

MGen, Aboitiz to invest in Chromite Gas Holdings

Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc. to invest in Chromite Gas Holdings, as part of a plan to launch the country’s first and most expansive integrated liquefied natural gas facility in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Luzon, Visayas grids under yellow alert, says NGCP

MANILA, Philippines — National Grid Corp. of the Philippines (NGCP) raised a yellow alert in the Luzon and Visayas grids today, April 23, lasting several hours as nearly 40 power plants are unavailable. NGCP placed Luzon under yellow alert from 1 p.m. to 5 p.m. and from 6 p.m. to 10 p.m., its advisory showed......»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

Luzon, Visayas grids on yellow, red alerts — NGCP

In separate advisories, the NGCP said that the Luzon and Visayas grids were placed under the yellow and red alerts after some of its power plants were forced outaged while some operated on a reduced capacity......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Luzon, Visayas grids on yellow alert

The Luzon and Visayas grids were placed under yellow alert yesterday, with several power plants still on forced outage or running on derated capacity, according to the National Grid Corp. of the Philippines......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

Luzon, Visayas grids placed under red, yellow alert

With several power plants either offline or operating at reduced capacity, the National Grid Corp. of the Philippines yesterday placed the Luzon and Visayas grids on red and yellow alert status......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Water under the bridge

Last year, Razon-led Prime Infrastructure Capital Inc. and Lopez-owned First Gen Corp. said they were in discussions to develop a gas aggregation framework using the latter’s liquified natural gas (LNG) terminal in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Nine SKUs post price hike in latest SRP bulletin

Nine stock keeping units have recorded price hikes in the most recent suggested retail price bulletin for basic necessities and prime commodities, according to the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Pagluto sa gas stove, may epekto sa kalusugan

Ang pagluluto sa gas stove ay may dala palang "potential hazard." The post Pagluto sa gas stove, may epekto sa kalusugan first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 6th, 2024

Senado kinalampag sa natural gas industry bill

Pinaaapura ng dalawang kongresista sa Senado ang pagpapatibay ng panukala upang mailatag ang polisiya ng gobyerno sa natural gas industry. The post Senado kinalampag sa natural gas industry bill first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 29th, 2024

Germany mulling sale of stake in top gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany spending billions to replace nuclear power

The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

EU s largest economy spending billions to replace nuclear power

Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

First Gen spots additional RE sites in Nueva Ecija

Lopez-led First Gen Corp. is looking at several areas near its hydroelectric power plant complex in Pantabangan, Nueva Ecija as potential sites for the development of solar and wind farms, as well as a battery energy storage system......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024