The Wholesale Electricity Spot Market’s (WESM) new trading mechanism will soon allow distribution utilities (DUs) and retail electricity buyers to opt for demand-side bidding at a price they prefer. Julius Bunyi, manager
Amid ensuing tensions between the Philippines and China over the West Philippine Sea (WPS), the National Power Corporation (NAPOCOR) began operating its 300-kilowatt (kW) Kalayaan diesel power plant in Pag-asa Island, as
Sen. Sherwin Gatchalian has warned of corruption in the power sector if Energy Sec. Alfonso Cusi’s proposals for the government to get involved again in the generation and transmission of electricity would
The Department of Energy (DOE) has reiterated its position for the government to be involved again in power generation following last week’s Red Alerts in Luzon and similar incidents in recent years.
In the wake of last week’s Red Alerts that led to rotational brownouts in Luzon, Energy Sec. Alfonso Cusi said that he wants the government to regain control of the country’s power
Sen. Sherwin Gatchalian wants the lifting of the initial public offering (IPO) requirement for power generation companies (gencos) in order to attract more investments in the country’s energy sector. Gatchalian, chairman of
The Energy Regulatory Commission (ERC) has ordered the National Grid Corporation of the Philippines (NGCP) to explain why there are delays in the 33 transmission projects it it earlier sought regulatory approval.
After surprising the energy sector with its winning bid, Fort Pilar Energy, Inc. is planning to transform the 650-megawatt Malaya Thermal Power Plant (MTPP) and its land into a “modern energy facility.”
The much-awaited rehabilitation of the Agus-Pulangi hydroelectric power plant system in Mindanao will finally push through after the World Bank (WB) approved its $700,000 (around Php33.4 million) financing to jumpstart preparations for
Ayala-led AC Energy and Fort Pilar Energy, Inc. are the last of the five original bidders remaining for the third round of negotiated sale process for the 650-megawatt (MW) Malaya Thermal Power
