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Electricity consumption across regions up by nearly 4% in 2017

By Christine Joyce S. Castañeda, Senior Reporter Last year, electricity consumption in the Philippines rose 3.9% to 94.4 million MWh from 90.8 million MWh in...

Meralco sees around 6.5% sales growth in first half

Electricity sales in June has eased because of the cool weather, tempering power sales growth for the first half to around 6.5%, the top...

NGCP says it’s ready for surge in power demand during peak...

National Grid Corporation of the Philippines (NGCP) has given its assurance that it is prepared for the surge in power demand and the constraints...

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.

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...

Ayala Corp profit rises 10% in first quarter

Ayala Corp. (AC)’s real estate and power units boosted its earnings for the first quarter of 2018, with net income attributable to the parent...

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...

SMPC sees lower energy generation in first quarter

Semirara Mining and Power Corp. (SMPC) expects its first-quarter energy generation to be lower by at least 20% because of the series of power...

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...

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...

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...

Regional court issues TRO vs Pagbilao’s bid to halt Aboitiz unit...

Aboitiz Power Corp. told the stock exchange that its unit in Pagbilao, Quezon province was able to obtain a temporary restraining order (TRO) against...

GBP highlights optimal power mix to achieve ‘energy security’

Given its anticipated economic growth and its installed energy capacity, the country's optimal energy mix would be 70% conventional energy, 30% renewable energy, said...

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...

ERC seeks Palace guidance on suspensions amid potential ‘paralysis’

THE suspension of the four commissioners of the Energy Regulatory Commission (ERC) will put on hold funding for P1.588 trillion worth of energy-related projects...

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...

BoI approves incentives for renewable energy projects

THE Board of Investments on Friday approved tax incentives for nine renewable energy projects worth P26.7 billion under the Investments Priorities Plan 2017. In a...

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...

NEA asked to allow bigger private sector role in rural power

LEGISLATORS have asked the National Electrification Administration (NEA) to allow the private sector to compete in areas in the Philippines where electric cooperatives have...

EDC Goes Private: What Happens Next?

AS EVERYONE probably knows by now, Energy Development Corporation (EDC) is being privatized. Philippine Renewable Energy Holdings Corporation (PREHC) is bidding for as much...

DoE consulting with NGCP on power reserves of grid operator

THE DEPARTMENT of Energy (DoE) has met with officials of the National Grid Corporation of the Philippines (NGCP) to assess the reserved power available...

ERC clears NGCP plan to link Visayas, Mindanao grids

THE Energy Regulatory Commission (ERC) has granted provisional authority to the National Grid Corp. of the Philippines (NGCP) to implement the interconnection between the...

Conflicting policies always hit consumers

The Department of Energy’s budget proposal for fiscal year 2018 is reflective of the administration’s aim of ensuring energy security, in line with President...

Philippine builder gets contract for $980-M Indonesian LNG terminal

ATLANTIC, Gulf and Pacific Co. (AG&P) will build and operate a $980-million liquefied natural gas (LNG) receiving terminal in Bantaeng, South Sulawesi that will...

Power firms get reprieve from EPIRA public ownership rule

by Victor V. Saulon, Sub-editor Regulators have again given generation companies and distribution utilities temporary relief from a rule that requires them to sell to the...

Napocor to remit additional P3.44 billion to government

THE DEPARTMENT of Finance (DoF) said the National Power Corp. agreed to pay P3.44 billion in dividends, including those in arrears, with the proceeds...

Philippines’ new energy dev’t plan shows that coal change is coming

By Victor V. Saulon, Sub-Editor If things go as planned, the Philippines should have a new power development plan by yearend that will set out...

Five questions on Germany’s green energy shift

BERLIN — Germany’s Energiewende or energy transition is its biggest infrastructure project of the post-World War II era, and its greatest national challenge since...

Mindanao power supply to stabilize, needs more renewables in mix

By Carmelito Q. Francisco Correspondent DAVAO CITY -- When President Benigno S. C. Aquino III took his oath as the President of the Philippines in 2010,...