Lopez-led First Gen Corporation will be joining the fresh round of bidding that power utility giant Manila Electric Company (Meralco) will be undertake to fill the capacity void on its additional 2024 supply following the retreat of its targeted supplier. First Gen President and COO Francis Giles B....
President Ferdinand "Bongbong" Marcos Jr. has urged the public to contribute, in any way they can, in the conservation of energy and water amid the looming power and water supply crisis in the country. President Ferdinand 'Bongbong' Marcos Jr. (BBM Vlog Screenshot)) Marcos talked about the impacts...
As data center project-proponents have been firming up their investment plans in the Philippines, the Department of Energy (DOE) indicated that it will match up their electricity needs with the investors putting up renewable energy (RE) facilities in the country. “A number of investors presented...
The Senate energy committee on Wednesday, May 17, scrutinized the plans of the Department of Energy (DOE) and other power stakeholders to provide long-term solutions to power supply shortages Presiding as chairman of the Senate Committee on Energy hearing on the recent power outages in the country,...
On top of the double whammy of rotational brownouts and scorching heat, consumers of Manila Electric Company (Meralco) will be distressed with additional financial burden as its rates will go up by P0.1761 per kilowatt hour (kWh) in this May billing. For roughly 70-percent of the utility firm’s...
Owing to the extreme tightness of supply, power utility giant Manila Electric Company (Meralco) announced that it has implemented rotational blackouts of two-hour duration, initially affecting parts of Cavite and Laguna, as well as key cities in Metro Manila, including Marikina, Novaliches,...
Forced outages and de-rating of power plants that took out more than 1,350 megawatts of capacities in the system placed Luzon grid into "red alert" on Monday, May 8, according to the advisory issued by system operator National Grid Corporation of the Philippines (NGCP). NGCP raised "red alert"...
With record-breaking temperatures this summer, power system operator National Grid Corp. of the Philippines (NGCP) indicated that electricity demand in Luzon already surpassed last year’s level as recorded on Wednesday, April 19. Data showed that power demand in the Luzon grid reached record-high...
A "lucrative contract" with up to 40-year duration is being dangled to renewable energy (RE) developers joining the second round of RE auction covering 11,600 megawatts to be held on June 19 this year. The reference (TOR) issued by the Department of Energy (DOE) emphasized that the initial term of...
The Department of Energy (DOE) is undertaking a series of public consultation to solicit stakeholder-inputs and comments on the proposed revision of the competitive selection process (CSP) or the bidding system for power supply agreements (PSAs) of distribution utilities. The energy department...
The Department of Energy (DOE) is laying down the conditions on when competitive selection process (CSP) or bidding will no longer be required in the procurement of capacities by private distribution utilities (DUs) and electric cooperatives (ECs). In a draft Circular presented to industry...
Power utility giant Manila Electric Company (Meralco) has secured additional 56 megawatt capacity commitments from Ayala Property Management Corporation (APMC), which will be utilizing its own generating assets for its power needs when necessary. In a statement to the media, Meralco said it has...
