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Power rates expected to rise because of El Niño

DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»

Category: newsSource:  mindanewsRelated NewsJan 19th, 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

MPower renews supply deal with Pioneer Highlands

Power, the local retail electricity supplier of Manila Electric Co. (Meralco) has renewed its retail supply agreement with Pioneer Highlands South Condominium Corp......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Aboitiz units power Davao’s run-of-river hydro plants

The Aboitiz Group has committed to further improve water supply in Davao after the inauguration of the Davao City bulk water supply project last month......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Meralco fails anew to secure new supply deal

Manila Electric Co. has declared another failed bidding for a 260-megawatt interim power supply agreement after failing to attract interested companies......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Meralco secures 400-MW supply requirement from SMC’s Limay Power

Manila Electric Co. yesterday secured 400 megawatts (MW) for its interim supply requirements following a competitive selection process......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

First Gen seeks bids for LNG supply

Lopez-owned First Gen Corp. is seeking bids for the supply of liquefied natural gas for its existing gas-fired power plants in the First Gen Clean Energy Complex in Batangas......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

SPPC submits best offer for Meralco supply requirements

The Manila Electric Co. has secured the best bid from San Miguel’s South Premiere Power Corp. for its 1,200-megawatt (MW) supply requirement......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Squirrel involved in power outage provided shelter and care by More Power

Squirrel involved in power outage provided shelter and care by More Power.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night

‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Unleashing a Pinay’s power via ‘Pinay Power’

Unleashing a Pinay’s power via ‘Pinay Power’.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

Makers freeze prices of select items until July 10

Some manufacturers are implementing a voluntary price freeze until July to help address the impact of El Niño on prices of goods, according to the Department of Trade and Industry......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

Camille Prats attends purity ball with son Nate: To stay pure until he finds the one

Camille Prats is "grateful" for her son Nate's decision to remain pure until he ties the knot as both of them recently attended a purity ball. .....»»

Category: entertainmentSource:  philstarRelated NewsMay 3rd, 2024

Lacson our governor until 2028, Ferrer says

Lacson our governor until 2028, Ferrer says.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Maybe no Fed rate cuts in FY24?

A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

No classes in Cebu province due to extreme heat

CEBU CITY, Philippines — All classes in Cebu province are suspended beginning Friday, April 5 until further notice as the summer heat became risky for teachers and students to go out. Governor Gwendolyn Garcia on Friday issued a memorandum, directing local governments under the province’s jurisdiction to cancel all classes until further notice. READ MORE:.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

MMDA to allow 24-hour road works by DPWH until April 11

The Metropolitan Manila Development Authority announced road reblocking and repairs by the Department of Public Works and Highways until next week......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

‘STAY INDOORS’ | Extreme heat causes suspension of classes until April 2

‘STAY INDOORS’ | Extreme heat causes suspension of classes until April 2.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024