The Japan Bank for International Cooperation (JBIC) has expressed its interest in energy tie-ups in the Philippines, particularly in the use of liquefied natural gas (LNG) as a traditional source of power, the Presidental Communications Office (PCO) said. *ENERGY COOPERATION - Japan Bank for...
The Energy Regulatory Commission (ERC) has issued show-cause orders (SCOs) to 25 electric cooperatives and three private distribution utilities (DUs), mandating them to explain why they failed to justify pass-through fuel costs that they have reflected in the electricity bills of their customers....
Concessionaire-firm National Grid Corporation of the Philippines (NGCP) claimed that its overall performance has improved, compared to the time when the transmission system was still operated by the government. In a statement to the media, NGCP said, its “overall performance in operating the grid...
State-run National Power Corporation (NPC) had the "highest cost savings" so far when it comes to electricity bill among government agencies in a particular year and matched with corresponding decline in kilowatt-hour usage. The efficiency rating was gauged via the enforcement of the Government...
Power utility giant Manila Electric Company (Meralco) has hiked its pipeline of renewable energy projects raising its capacity to 1,700 megawatts, surpassing the five-year development plan earlier cast by its power generation subsidiary Meralco PowerGen Global Business Power Corp. According to...
PAGBILAO, Quezon – Team Energy Corp. and the Quezon Electric Cooperative II (Quezelco II) have signed a Memorandum of Agreement (MOA) for a trust account where the power company will deposit funds for Quezelco II's electrification projects. Froilan Gregory Romualdez, head of the Corporate...
System operator National Grid Corporation of the Philippines (NGCP) was able to free up stranded capacity in the northern corridor of the Luzon grid, following the energization of its 500-kilovolt (kV) Hermosa-San Jose transmission line project in Bataan. That project, which commanded investment of...
Senators are now seeking a refund of all the charges collected by the National Grid Corporation of the Philippines (NGCP) for its uncompleted transmission projects. Sen. Sherwin Gatchalian made the suggestion noting that the government has been looking for ways to lower the prices of electricity in...
The single settlement system for capacities traded via the Wholesale Electricity Spot Market (WESM) across all grids will kick-off in the May billing cycle, the Department of Energy (DOE) said. In an advisory issued this month, Energy Secretary Raphael P.M. Lotilla stipulated that WESM’s shift...
The Department of Energy (DOE) will issue a circular setting the standards and pricing methodology to be complied with by service providers in the flourishing solar rooftop energy solutions in the country. In the proposed policy, the Energy Regulatory Commission (ERC) will be crafting the proposed...
Lopez-led Energy Development Corporation (EDC) has formally pulled out its concession for geothermal resource exploration in Peru, citing turbulent political situation in that Latin American energy market as the main reason for such investment decision. The company - via its parent firm First Gen...
Senator Manuel “Lito” Lapid on Friday, May 26 pushed for the use of home solar panel systems in the country. Lapid, who filed Senate Bill No. 2138 or the proposed Net-Metering Program for Renewable Energy (RE) options, said such moves can help address the current power crisis being...
