Gas supply from the Malampaya field has resumed and started feeding to the gas plants on Friday (February 23), , as affirmed by the gas-offtakers (buyers) and the Department of Energy (DOE). The four-day zero gas production from February 19-23 had earlier prompted full shift to liquefied natural...
After working on a moving target for years, power utility giant Manila Electric Company (Meralco) has finally cemented its sustainability-linked investments to P100 billion – with capital infusion fundamentally targeted for the company’s smart grid journey as well as renewable energy (RE)...
Power utility giant Manila Electric Company (Meralco) will refund P0.05 per kilowatt hour (kWh) in March billing to customers, which accounts for the charges it passed on from the new gas sale and purchase agreement (GSPA) that its power supplier First Gen Corporation had sealed with the Malampaya...
Power utility giant Manila Electric Company (Meralco) will be infusing fresh capital outlay of P280 million for the development of a switching station that will support electricity services for the multi-billion Metro Manila subway project. The 115-kilovolt (kV) switching station that shall be...
French multinational giant Schneider Electric is intensifying its pitch on the use of green energy as well as other sustainable solutions to support the operations of flourishing data centers in the Philippines. Underpinned by its offer of energy management solutions and digital automation...
The Energy Regulatory Commission (ERC) is requiring power utility giant Manila Electric Company (Meralco) to file a formal application for the pass-on of fuel charges that shall be reckoned from the new gas sale and purchase agreement (GSPA) that First Gen Corporation had signed with the Malampaya...
Power utility giant Manila Electric Company (Meralco) will refund the ‘generation charge overbilling’ that it has passed on in the February electric bills that had been invoiced by its power suppliers feeding on liquefied natural gas (LNG) as well as components of capacity generated from the...
The Energy Regulatory Commission (ERC) has clearly stipulated that clearance shall be secured first before Manila Electric Company (Meralco) can pass on costs relating to procured supply from plants running on liquefied natural gas (LNG) – and that is primarily applied to its contracted...
Cleansing from misdeeds as well as review of categorization of the country’s more than 120 electric cooperatives (ECs) are being pushed following reports of less-than-desired operational outcomes of these power utilities. The call was put forward by Senate Committee on Energy Vice Chairman...
Summer is always associated with having high energy for much-awaited adventures and leisurely basking in the sun, but what’s lurking in the dark is the sting of skyrocketing electric bills as well as discontent of ‘tight power supply blues’ that could descend into worse scenarios of service...
MGen Renewable Energy Inc. (MGreen), a unit of Manila Electric Company (Meralco), has bought an additional 2.17 billion shares in SP New Energy Corporation (SPNEC) from Solar Philippines Power Project Holdings Inc. for P2.5 billion. In a disclosure to the Philippine Stock Exchange (PSE), SPNEC said...
Roughly 8.0 million customers of Manila Electric Company (Meralco) will live through financial torment when they receive their February bills, as the overall rate of the country’s biggest power utility will rise by P0.5738 per kWh. On account of that, Meralco announced that the all-inclusive...
