Senator Risa Hontiveros on Wednesday, May 10 called on energy officials to step up and proactively address the widespread power outages looming over the country, lamenting how the Department of Energy (DOE) and the National Grid Corporation of the Philippines (NGCP) seems to be tarrying in...
The Energy Regulatory Commission (ERC) will be prioritizing the approval of contracts on the ancillary services (AS) procurements of system operator National Grid Corporation of the Philippines (NGCP) to help address the imbalances and technical stresses being experienced in the country’s power...
Leading oil firm Petron Corporation reported that its consolidated net income in the first quarter this year slightly dropped to P3.4 billion versus last year’s more upbeat bottom line of P3.6 billion due to higher financing cost. “The increase in financing cost was partly tempered by the...
San Miguel Corporation will be holding its annual meeting of stockholders virtually on Tuesday, June 13, 2023 at 2:00P.M. The meeting will be livestreamed at the Company’s website: [https://www.sanmiguel.com.ph/ASM2023](https://www.sanmiguel.com.ph/ASM2023) . A copy of the official...
(Unsplash) A pro-health congressman has castigated the National Grid Corporation of the Philippines (NGCP) for the rotating power interruptions in Luzon, saying it has failed to prevent the scenario despite his warnings. “Maaga pa, sinabi na natin (We told them early on) that ancillary services...
Following the series of transmission facility-induced rotational blackouts in the Luzon and Visayas grids, the Department of Energy (DOE) announced that a two-tiered follow-through audit on the performance of system operator National Grid Corporation of the Philippines (NGCP) will be carried out –...
Senator Sherwin Gatchalian on Tuesday, May 9 slammed the National Grid Corp. (NGCP) which, he said, should be held responsible for the sudden power outages that hit Luzon. Gatchalian said the elevation of grid status to red alert on Monday, which resulted in power outages in some parts of Luzon is...
San Miguel Corporation will be holding its annual meeting of stockholders virtually on Tuesday, June 13, 2023 at 2:00P.M. The meeting will be livestreamed at the Company’s website: [https://www.sanmiguel.com.ph/ASM2023](https://www.sanmiguel.com.ph/ASM2023) . A copy of the official...
Amid distress from scorching weather temperature, massive number of consumers in Luzon had to live through the agony of rotational blackouts of at least two-hour duration due to strained power supply in the grid following a transmission line tripping that was compounded by the forced outages and...
Listed firm Alternergy Holdings Corporation (Alternergy) has awarded the engineering, procurement and construction (EPC) contract for its 20-megawatt Solana solar farm project to Japanese firm-subsidiary JGC Philippines. In a statement to the media, Alternergy emphasized that JGC Philippines was...
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"...
