Real estate firm DM Wenceslao Group (DMWAI) has secured power supply for its property development in Paranaque City from MPower, the local retail electricity supplier (RES) subsidiary of power utility giant Manila Electric Company. According to Meralco, the power supply agreement (PSA) signed by...
The Philippine Independent Power Producers Association Inc. (PIPPA) has thumbed down a legislative proposal that will prioritize the use of Malampaya gas on the electricity generation grind of various gas-fed power plants in the country. While there is a high level temptation to prioritize...
On his first day of office, newly designated Energy Regulatory Commission (ERC) officer-in-charge Jesse Hermogenes T. Andres immediately hit the ground running, while also giving commitment that he will uphold “fair, fast and transparent” processes in rule-making as well as in tackling the...
The Department of Energy (DOE) is still undecided if it will grant the application for certification that will greenlight the planned 1,200-megawatt Atimonan coal-fired power project of Meralco PowerGen Corporation (MGen), the power investment arm of utility giant Manila Electric Company. When...
The Department of Agriculture (DA) is confident that there is adequate supply of holiday food staple, such as onions, pork, chicken, beef, and rice, as the country enters the “ber” months. (MB file photo) Speaking at a media forum held in Quezon City, DA Assistant Secretary Arnel...
Telecommunications giant PLDT Inc. and its wireless subsidiary Smart Communications, Inc. (Smart) have expanded renewable energy (RE) capacity sourcing from Lopez-led First Gen Corporation to power additional six of their network facilities. According to First Gen, a major PLDT facility that will...
The six-month suspension meted by the Office of the Ombudsman against the chairperson of the Energy Regulatory Commission (ERC) is seen delaying the approvals of pending power supply agreements (PSAs) as well as the reserve price-setting for the auction of renewable energy (RE) capacities that are...
The Energy Regulatory Commission (ERC) has reaffirmed that the distribution utilities (DUs) can already implement tariff pass-on for capacities procured via emergency power supply agreements (EPSAs) even without securing provisional regulatory approval. In an advisory issued by the ERC, it...
Foreign investments in the sectors of infrastructure and public services will greatly benefit Philippine tourism, enabling the country to capture a larger market of foreign tourists that are all flocking to the country's Southeast Asian neighbors. Senator Juan Miguel "Migz" Zubiri (Senate PRIB...
Giant players in the domestic power industry will gear up for a new round of battle for their offers in the 400-megawatt capacity procurement of Manila Electric Company (Meralco) that will satiate mid-merit capacity in its supply portfolio. Listed as prospective bidders in Meralco’s competitive...
The Energy Regulatory Commission (ERC) has firmly laid down that longstop date provision in power supply agreements (PSAs) will no longer be accepted downright as ground for unilateral contract pre-termination; and the allowable timeframe for regulatory approval shall also be within 270 days or at...
As it seriously takes its share of the burden on the global decarbonization goal, property developer Arthaland Corporation has signed a new power supply agreement (PSA) with Lopez-led First Gen Corporation for energy services that will ramp up its usage of renewable energy (RE) resources. According...
