DAVAO CITY – A power shortage may happen in Mindanao in five years if no new power plants are constructed to shore up the grid’s supply to meet the growing requirement for electricity, Rodger Velasco, president of Davao Light and Power Co. (DLPC), said. Velasco said that the power sector in...
(Unsplash) Aside from rice prices, House Speaker Martin Romualdez has also vowed to reduce electricity rates as a way to further ease inflation in the country. “We will work to further reduce electricity rates and rice prices....
The commercial operations of the P7.0 billion Palayan binary geothermal power project of Energy Development Corporation (EDC) will partly quench the energy thirst of the Luzon grid, as this will add up 28.9 megawatts into the system. The facility serves as an expansion of its 140MW Bacon-Manito...
At least eight companies are eyeing to corner the 600-megawatt capacity that is slated for auction by power utility giant Manila Electric Company (Meralco) to beef up its supply portfolio starting August next year. In a pre-bid conference on Thursday (July 4), the Filipino-owned companies which...
Power utility giant Manila Electric Company (Meralco) takes a major stride on the reboot of the country’s aim for a deep well of expertise on nuclear power engineering and development, as it started sending its nuclear scholars and interns to preeminent partner-universities in the United States...
While accustomed to a life on the move below water, female sea turtles use their geomagnetic abilities, or an internal GPS, to return to their place of birth and lay their own eggs. At the same time, way above, migratory birds also possess their own inner compass, which guide them in moving from...
New Meralco PowerGen President and CEO Emmanuel V. Rubio As he leaps into another corporate environment, newly-designated Meralco PowerGen Corporation (MGen) President and CEO Emmanuel “Manny” V. Rubio will be navigating challenges as well as opportunities to steer his new organization...
Senator Pia Cayetano cited the need to have “long-term solutions” to ensure national energy security and reliability as she pushed for the development of indigenous gas resources. Senator Pia Cayetano visits the Malampaya Shallow Water Platform on Friday, June 28, with Prime Energy Managing...
While its corporate life will already end in two years, the outstanding financial obligations of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is still at a whopping P292.486 billion as of end-April this year. According to the company, its total debts stand at P254.6...
The renewable energy (RE) solutions arm of Ayala-led ACEN Corporation has cornered a power supply deal to provide RE-generated power to manufacturing firm Valerie Products Manufacturing Inc. (VSO), which produces automotive and appliance parts. According to the Ayala firm, ACEN Renewable Energy...
System operator National Grid Corporation of the Philippines (NGCP) is batting for regulatory approval on full cost recovery of its P20.94 billion investment in the newly reinforced 500-kilovolt Hermosa-San Jose transmission line, which is now supporting the wheeling of additional capacities in...
Power utility giant Manila Electric Company (Meralco) has been accelerating maintenance activities on its power lines and other facilities, so these can be ably prepared for the strike of extreme weather events -- including strong typhoons upon the onset of the ominous rainy season. Within this...
