Power producers across the country are hoping that the Energy Regulatory Commission (ERC) will get back on track in 2017 and finally reform following the suicide of a commission official over alleged...
Mindanao might see an implemented electricity spot market in the region by June 2017, a Philippine Electricity Market Corp. (PEMC) official said. PEMC president Melinda Ocampo said they are only waiting for...
Electricity rates may rise by P1 per kilowatt – hour (kWh) due to the shutdown of the Malampaya gas project in early 2017, the Manila Electric Co. (Meralco) said. Simulations sent to...
Oil refinery giant Petron Corp is set to re-acquire its 140 – megawatt (MW) solid fuel – fired plant from the San Miguel Corp’s SMC Powergen Inc for 20 billion to support...
The Renewable Energy (RE) Act of 2008 will undergo a review by the Joint Congressional Power Commission in January 2017 to determine if its intentions are beneficial to consumers. Senator Sherwin Gatchalian...
The Manila Electric Co. (Meralco) yesterday said its personnel are on alert as it expects tropical storm Nina to make landfall on Christmas Day. “As we prepare for Typhoon Nina to land...
Ayala’s AC Energy Holdings Inc. and its partners have acquired the Indonesian and Philippine geothermal assets of Chevron Corp. The Indonesian consortium, with members AC Energy, Electricity Generating Public Company Ltd., Star...
The Aboitiz Power group got its go signal for its $1.2 billion investment in two GNPower coal-fired power plants in Bataan. Aboitiz Power’s unit Therma Power Inc. (TPI) was cleared by regulators...
The Power Sector Assets and Liabilities Management Corp. (PSALM) yesterday said four companies are interested in buying the Malaya Thermal Power Plant in Rizal. PSALM officer-in-charge Lourdes Alzona said the buy fluoxetine...
Japan’s Marubeni Group has acquired 20 percent of the Southern Luzon Thermal Energy Corp. (SLTEC) under a partnership with Phinma Energy Corp. and AC Energy Holdings Inc. Marubeni’s local subsidiary Axia Power Holdings...
