The offer of San Miguel Global Power Holdings subsidiary South Premiere Power Corporation (SPPC) had been declared as the ‘best bid’ in the 1,200-megawatt capacity procurement of Manila Electric Company (Meralco) for a supply portfolio that will partly satiate its requirements during the El...
The Department of Energy (DOE) is recommending the establishment of a ‘new protocol’ that shall firmly guide National Grid Corporation of the Philippines (NGCP) on power supply-demand balance at the course of its grid operations during emergency situations. As stated by Energy Undersecretary...
An increase of P0.0846 per kilowatt hour (kWh) in the January billing cycle of Manila Electric Company (Meralco) will bring slight squeeze in the pockets of its roughly 8.0 million customers in the initial month of this year. The power utility firm announced that its tariff will climb to P11.3430...
Grid operator NGCP renews its call for a whole-of-industry approach, including better energy resource planning, following the January 2 power outage due to tripping of multiple power plants which isolated Panay island from the rest of the Visayas grid. “The unscheduled maintenance shutdowns of...
Power distribution giant Manila Electric Co. (Meralco) has started a competitive bidding process to secure additional supply ahead of the expected surge in demand during the upcoming dry months. In a statement, Meralco said the competitive selection process (CSP), a type of competitive public...
Power utility giant Manila Electric Company (Meralco) is aiming for timely approval of the Department of Energy (DOE) on the terms of reference (TOR) for its targeted competitive selection process (CSP) on planned capacity procurements, so it can spare its roughly 8.0 million customers from wobbly...
The jurisdiction of the Energy Regulatory Commission (ERC) on resolving contractual disputes involving retail electricity suppliers (RES) has been affirmed in a ruling rendered by the Court of Appeals (CA), including its power to issue cease and desist orders. The decision of the 11th division of...
The anticipated scorching grip of El Niño may still alter power supply-demand projections, especially when temperature would exceptionally rise during the summer months, according to the Department of Energy. “Power supply projections may still change, even if we have adequate projection, due to...
Power utility giant Manila Electric Company (Meralco) will be issuing amended terms of reference (TOR) for its competitive selection process (CSP) on the targeted 1,800-megawatt capacity procurement that is scheduled for tenders-submission on December 27 this year. In a briefing with reporters,...
State-run Philippine National Oil Company (PNOC) is engaging into a new business niche by positioning as retail electricity supplier (RES), primarily to satiate the power supply requirements of the government agencies nationwide. In an interview, PNOC President and CEO Oliver B. Butalid indicated...
The Department of Energy (DOE) is counting on the capacity contribution of greenfield solar plants that are coming on commercial stream during the summer months, primarily to plug capacity gap arising from the de-rated generation of the hydro plants due to the incursion of El Niño spell. In a...
The Christmas gift for the roughly 8.0 million customers of Manila Electric Company (Meralco) will be bundled up in their electric bills, as the overall tariff of the utility firm in its December billing cycle had been down by P0.7961 per kilowatt hour. On an all-inclusive basis, the electricity...