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Landmark power joint venture to cost $3.3 billion
Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»
Unleashing a Pinay’s power via ‘Pinay Power’
Unleashing a Pinay’s power via ‘Pinay Power’.....»»
NAPOCOR seeks approval of higher subsidized rates
The National Power Corp. is seeking the approval of the Energy Regulatory Commission for an increase in the rates to be paid by consumers in off-grid areas in the country......»»
A continuing failure?
Because bringing power plants online from scratch takes at least five years, our current problems with low grid reserves resulting in yellow and red alerts can be blamed on a failure during the Duterte era. But the BBM DOE seems committed to continuing the failed policies......»»
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......»»
Luzon grid on red, yellow alert — NGCP
The NGCP made the announcement following the shutdown of 19 power plants, with three others operating at reduced capacity......»»
NGCP ready to expand CNP project
The National Grid Corp. of the Philippines is eyeing further developments to improve power supply amid a projected increase of demand the following years after the completion of a backbone project in the Visayas......»»
‘Congress may review NGCP’s franchise’
The Joint Congressional Energy Commission might be convened to review and decide on the amendment or cancellation of the franchise of the National Grid Corp. of the Philippines following the region-wide power outage in Western Visayas that caused billions of pesos in economic losses, Sen. Raffy Tulfo said over the weekend......»»
Senate panel ready to review NGCP franchise
Following the massive power outage that struck Panay Island and other parts of Western Visayas on Jan. 2, another Senate panel is ready to conduct a probe into the National Grid Corp. of the Philippines franchise......»»
Power reserve market starts full commercial operations
The Independent Electricity Market Operator of the Philippines commenced yesterday the full commercial operations of the reserve market, a development seen as a significant step forward for the energy sector......»»
Albay eyes 100 percent RE shift by 2030
The province of Albay in the Bicol Region said it plans to shift to 100 percent renewable energy by 2030 to address power outages during extreme weather events......»»
NSC weighs in on China floating nuclear reactors
It will be a threat to Philippine national security if China pushes through with its reported plan to use floating nuclear power plants in the South China Sea, a national security official said yesterday......»»
SEC streamlines capital raising for power firms
he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
Xinhua Headlines: What China s new economic pivot means for the world
by Xinhua writer Liu Bowei BOAO, China, March 30 (Xinhua) -- On a flat ground in the Mymensingh district in north-central Bangladesh, some 169,000 solar panels are laid in rows, converting sunrays into electrical power. Now, the 50 MW photovoltaic power plant serves as an epitome of Bangladesh's booming green power development, as the South Asian country has announced the decision to reduce carbon dioxide.....»»
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......»»
Residential electricity rates up by P0.19/kWh for Jan-Feb billing
Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»
Lotilla sablay forecast: 47 power plant tumirik sa El Niño
Umaabot sa 47 power plant ang tumirik sa loob lamang ng 30 araw kaya halos kapusin ang suplay ng kuryente sa Luzon at Visayas, taliwas sa naging pangako ni Energy Secretary Raphael Lotilla noong Marso na sapat ang suplay ng kuryente kahit sa panahon ng tag-init. The post Lotilla sablay forecast: 47 power plant tumirik sa El Niño first appeared on Abante......»»
Lotilla dinikdik sa power crisis
Kinastigo ni Senador Chiz Escudero ang Department of Energy dahil sa pagkabigo nilang inspeksyunin ang mga power plant bago ang mga unscheduled shutdown na nagpanipis sa suplay ng kuryente sa Luzon at Visayas. The post Lotilla dinikdik sa power crisis first appeared on Abante......»»