The National Grid Corporation of the Philippines (NGCP) warns of thin power supply in Luzon during the summer season, which would also cover the upcoming 2022 presidential elections. The thin operating margins...
The National Transmission Corporation (TransCo) will soon be in charge of off-grid operations in Palawan, Mindoro, Catanduanes, and Marinduque. Preparatory works are already in place for the development of business plans for these...
The third tranche of Aboitiz Power Corporation’s bond offer has received the highest credit rating from the Philippine Rating Services Corporation (PhilRatings). PhilRatings gave a “PRS Aaa” rating with a Stable Outlook...
The Department of Energy (DOE) underscored the importance of planning power plant maintenance shutdowns, as these are vital to Luzon having adequate power supply and reserves this year. This comes as DOE...
Local independent wind power developer Triconti Windkraft Group has recently partnered with European firms for the development of its five offshore wind projects throughout the country, with an aggregate capacity of 3.5...
Households may face higher electrical bills in February as rates in the Wholesale Electricity Spot Market (WESM) spiked after last week’s Yellow Alerts in the Luzon Grid. Based on a Manila Bulletin...
The Energy Regulatory Commission (ERC) has cleared SMCGP Philippines Energy Storage Co. Ltd. (SMCGP Storage) of the San Miguel group to connect its 20-megawatt (MW) battery energy storage system (BESS) facility in...
The Department of Energy (DOE) has required power generation companies (gencos) with coal plants to submit a full inventory report that would help assess possible obstacles once the coal export ban in...
Petron Corporation’s executive committee has authorized the offer and issue of dollar-denominated senior notes worth up to $500 million to fund its 184-megawatt (MW) power plant project inside its refinery in Limay,...
The Department of Energy (DOE) and the National Grid Corporation of the Philippines (NGCP) will be meeting this week for the updating of power supply-demand forecasts amid fears of another power shortage...
