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NIA plans to build floating solar power plants on dams, reservoirs

The National Irrigation Administration is venturing into floating solar power plant on its dams and reservoirs, the agency said on Wednesday, June 13, as...

Full foreign ownership in utilities faces tough Senate debate amid federalism...

THE chairman of the Senate energy committee has expressed concerns about a plan to grant full foreign ownership over power distribution and transmission as well as water services under a federal form of government as called for in a proposed constitutional change.

Retail power suppliers hit 1,000-contract milestone

MORE major energy users signed up to buy power from retail electricity suppliers in the first quarter, the Energy Regulatory Commission (ERC) said.

Solar PHL aims to deliver 24-hour power in 2 towns

SOLAR Philippines Power Project Holdings, Inc. targets to deliver 24 hours of electricity to two towns in Masbate and Cagayan provinces by the end of June as the company expands its initiative to build microgrids in poorly served areas in the Philippines.

TransCo to apply for lower FiT rate for 2019

THE National Transmission Corp. (TransCo) expects electricity users to pay a lower feed-in tariff allowance (FiT-All) for 2019 as it plans to seek from the Energy Regulatory Commission (ERC) a rate below 2018’s P0.2932 per kilowatt-hour (kWh).

Sentinel of the energy sector

The Energy Regulatory Commission (ERC), which is celebrating its 17th anniversary this year, has played a crucial part in the development of the Philippines....

Constantly improving

Created as a purely independent regulatory body performing the combined quasi-judicial, quasi-legislative, and administrative functions in the electric industry under the Electric Power Industry...

Meralco bills to go down for a second month in June

MANILA Electric Co. (Meralco) has announced on Thursday a P0.1252 per kilowatt-hour (/kWh) reduction in the overall electricity rate for a typical household in June, marking the second straight month of decline.

Meralco rates to go down this month

Manila Electric Co. (Meralco) has announced on Thursday, June 7, a decrease of P0.1252 per kilowatt-hour (kWh) in the overall electricity rates for a...

ERC to dismiss power supply deals that fail submit ECC

The Energy Regulatory Commission (ERC) will dismiss applications for power supply agreements (PSA) between power generation companies and distribution utilities that fail to submit...

Meralco to build microgrids outside franchise area

MANILA ELECTRIC Co. (Meralco) plans to build microgrids outside its franchise area to serve communities that remain without access to electricity, its president said.

Meralco keeps capex steady for the next four years

Manila Electric Co. (Meralco) expects its capital expenditure for the next regulatory period spanning mid-2019 to mid-2023 to track around the same amount as the previous period, at around P18 billion a year, its president said.

House shelves bill on recoverable system loss

Lawmakers on Tuesday, May 22, shelved the draft bill on recoverable system loss for further review after noting its provisions are similar to a...

Meralco power rates to drop this month

Electricity rates in May will decrease to P0.5436 per kilowatt-hour (kWh) for a typical household largely because of a drop in the generation charge...

Meralco net income up 10% in first quarter

Listed distribution utility Manila Electric Co. (Meralco) posted a net income of P5.312 billion in the first quarter, higher by 10.28% compared with the...

DOE kicks off information campaign on proposed uniform electricity bill

The Department of Energy (DoE) has started going around the country in its campaign to inform the public of its proposal to introduce a...

Energizing a nation

Electricity consumption in the Philippines continues to grow every year, and in 2017, it reached a new peak of 94,370 gigawatt hours (GWh), latest...

Meralco PowerGen Corporation (MGen): Powering the future and transforming communities

By Romsanne R. Ortiguero A wholly-owned subsidiary of the Manila Electric Company (Meralco), the largest electric distribution utility in the Philippines, Meralco PowerGen Corporation (MGen)...

GBP launches training school for its employees in Iloilo

Global Business Power Corp. (GBP) has launched a learning institute in Iloilo City where its employees can enhance their skills in meeting real life...

PetroEnergy net income surges on higher electricity sales

Higher electricity sales pulled up the consolidated net income of PetroEnergy Resources Corp. (PERC) 2017 as the listed company posted a 44% increase to...

Ninety percent of Philippines’ installed capacity deemed ‘dependable’ — report

The Philippines has shown improvement on the reliability of its power plants over the years, based on a 15-year statistics released by the Department...

Meralco power rates to rise this month

Manila Electric Co. (Meralco) has announced an increase in the overall electricity rates for April at P0.2250 per kilowatt-hour (kWh) for a typical household. It...

Davao Light tapping solar rooftop operators for net metering scheme

DAVAO Light and Power Co., Inc., (Davao Light) the country’s third-biggest privately-owned distribution utility, is encouraging its customers with rooftop solar power systems to...

Davao Light urges solar rooftop owners to join net metering program

Davao Light and Power Co., Inc. is encouraging its solar rooftop owners to sign up under its net metering program that allows them to...

Gatchalian calls for review of national electrification program

Despite the government's efforts towards full rural electrification, more than two million households remain unserved, thus a review of the country's energization program may...

ERC sets installed capacity limit for power generation firms this year

The Energy Regulatory Commission (ERC) has capped the 2018 maximum power generating capacity of a single entity and its related groups to 5,466,779.34 kilowatts...

Meralco criticized for using power outage threat to push for approval...

An energy research institution has criticized distribution utility Manila Electric Co. (Meralco) for pushing for the approval of power supply agreements (PSAs) with coal-fired...

SMPC’s Batangas coal plant back online

Semirara Mining and Power Corp. (SMPC) said on Monday, March 19, that the first 300-megawatt (MW) unit of its two-unit coal-fired thermal power plant...

DMCI Power Corp sets aside P160 million to boost generation capacity

Consunji-led DMCI Power Corp. has set aside around P160 million to acquire seven new diesel generating sets for its Masbate and Palawan operations, its...

First Gen unit, Meralco ink power supply contract

Lopez-led First Gen Corp. said its unit had entered into a power supply contract with distribution utility Manila Electric Co. (Meralco) for the sale...

Meralco bills to go up in March

MANILA Electric Co. (Meralco) is raising its rates this month, but the country’s largest distribution utility said only P0.85 out of the P0.97-per-kilowatt-hour (kWh)...

BSP sees even faster Feb. inflation

INFLATION may have picked up further in February to settle above four percent as prices reflect the full impact of higher levies under the...

Meralco net income up by 27%

Manila Electric Co. (Meralco) reported a net income of P4.46 billion in the fourth quarter of 2017, higher by 27% compared with P3.5 billion...

AboitizPower sees power demand growing by 5%

By Victor V. Saulon, Sub-Editor ABOITIZ POWER Corp. (AboitizPower) expects power demand within the franchise areas of its distribution utilities to grow by 5% in...

AboitizPower unit prepays $320M loan

ABOITIZ Power Corp. (AboitizPower) on Friday said its subsidiary Therma Power, Inc. (TPI) has prepaid $320 million in loans to several banks. AboitizPower said in...

Mindanao WESM targeted for commercial operation by June 2018

DAVAO CITY --Commercial operation of the Wholesale Electric Spot Market (WESM) in Mindanao is targeted to start by June 2018, the the Philippine Electricity...

Inflation rate expected to stay elevated

By Melissa Luz T. Lopez Senior Reporter and Elijah Joseph C. Tubayan Reporter INFLATION in the last two months of the year could match October’s pace, a senior...

MPIC sets P653-B capex for next 5 years

By Arra B. Francia, Reporter SYDNEY, AUSTRALIA — Metro Pacific Investments Corp. (MPIC) will be setting aside P653 billion in capital expenditures for the next...

Meralco bills up for 5th straight month

MANILA ELECTRIC Co. (Meralco) is raising by P0.3436 per kilowatt-hour (/kWh) the overall electricity rate for November due to increases in generation and transmission...

Inflation further picking up steam

INFLATION may have quickened in October -- on the back of higher fuel prices, utility rates, and a weaker peso -- but at a...

Meralco marks Q3 with better financials

THE COUNTRY’s biggest electricity distributor on Friday reported third-quarter earnings performance better than in the first and second quarters, with September alone recording the...

Energy dep’t studying PSE electricity trading proposal

THE Department of Energy (DoE) is open to a proposal for the Philippine Stock Exchange (PSE) to operate a venue for trading electricity, the...

Meralco mulls purchase of up to 100MW additional solar capacity

By Victor V. Saulon, Sub-Editor MANILA ELECTRIC Co. (Meralco) is considering to buy up to 100 megawatts (MW) solar capacity after it agreed to three...

Oct. marks 4th month of Meralco rate hike

CUSTOMERS of Manila Electric Co. (Meralco) will see a P0.0345 per kilowatt-hour (/kWh) increase in overall tariff in October, marking the fourth straight month...

Solar Philippines to sell power to contestable customers

SOLAR PHILIPPINES Power Project Holdings, Inc. is looking to sell the power generated by its two solar farms to contestable customers, or those whose...