With President Ferdinand R. Marcos, Jr. and Defense Secretary Carlito Galvez, Jr. as witnesses, the director-general of the National Intelligence Coordinating Agency (NICA) and the president of the National Grid Corporation of the Philippines (NGCP) signed in Malacañang Palace last week a...
Senator Risa Hontiveros on Wednesday, March 15 raised concerns over the memorandum of understanding (MOU) entered into by the National Grid Corporation of the Philippines (NGCP) and the National Intelligence Coordinating Agency (NICA). Hontiveros said the Marcos government should first claify...
The Philippines now has better defenses against any attack on its cybersystems following the signing of a memorandum of understanding (MOU) that would assist its premiere intelligence agency, President Ferdinand "Bongbong" Marcos Jr. said. Marcos said this as he witnessed the signing of the MOU...
At least two baseload generating units with total capacity of 300 megawatts (MW) may not be able to add power supply during the summer months, contrary to what the Department of Energy (DOE) had earlier factored in on its power supply-demand outlook. Based on current report to the relevant industry...
Sy-led Synergy Grid & Development Phils. Inc. (SGP) has declared P914.680 million worth of cash dividends to be paid to its outstanding shareholders next month. In a disclosure to the Philippine Stock Exchange (PSE), the company emphasized that the dividend declaration will account for the...
Power rates in Mindanao region are expected to go down soon thanks to the completion by next month of the transmission link between Visayas and Mindanao by the National Grid Corporation of the Philippines (NGCP), Cagayan de Oro 2nd district Rep. Rufus Rodriguez said on Monday, Feb. 13. Cagayan de...
The Energy Regulatory Commission (ERC) has scheduled series of public hearings on the tariff adjustment of transmission system operator National Grid Corporation of the Philippines (NGCP) for its fourth regulatory reset covering the periods 2016-2020. The rate reset is a regulatory lag in the rates...
Distribution firms must set up refund facility -- ERC By Myrna M. Velasco The country’s power distribution utilities (DUs) are being mandated to set up "restricted fund" which they can readily tap into for the implementation of refund to customers. This contingency is in preparation in case a...
The Energy Regulatory Commission (ERC) has announced that transmission firm National Grid Corporation of the Philippines (NGCP) has already filed an application for its tariff adjustment that is expected to result in lower electricity rate to be implemented next year. The regulatory body has not...
The Department of Energy (DOE) has lined up contingency measures to stem probable power service interruptions during the two-week maintenance shutdown of the Malampaya gas production facility in Feb. 4 to 18, 2023. Primary step pushed by the energy department is the designation of a “must-run...
The Energy Regulatory Commission (ERC) has denied the plea of National Grid Corporation of the Philippines (NGCP), which operates the country's transmission grid, to delay the process of resetting the transmission system rate. The ERC promulgated the denial of NGCP’s motion on Wednesday, Dec. 7,...
The recurring forced outages of power plants triggered another wave of "yellow alert" or insufficiency of power reserves in the Luzon grid on Monday, Dec. 5, as declared by system operator National Grid Corporation of the Philippines. Yellow alert in the grid had been raised from 1:00 to 4:00pm;...
