The procurement of replacement power under the Green Energy Option Program (GEOP) will be allowed at 50 percent renewable energy (RE) capacity during the three-year transition period that shall be enforced in the amended policy for this segment of the power industry. In a draft Circular furnished...
Giant players in the domestic power industry will gear up for a new round of battle for their offers in the 400-megawatt capacity procurement of Manila Electric Company (Meralco) that will satiate mid-merit capacity in its supply portfolio. Listed as prospective bidders in Meralco’s competitive...
The price offers from the coal plants of San Miguel Corporation and Aboitiz Power Corporation have been declared as best ‘lowest bids’ and prospective winners in the 600-megawatt supply procurement of power utility giant Manila Electric Company. The lowest acceptable price tenders in the...
As it seriously takes its share of the burden on the global decarbonization goal, property developer Arthaland Corporation has signed a new power supply agreement (PSA) with Lopez-led First Gen Corporation for energy services that will ramp up its usage of renewable energy (RE) resources. According...
Power utility giant Manila Electric Company (Meralco) has rescheduled to August 27 this year the final submission of offers for its 600-megawatt baseload capacity sourcing that will be slated for delivery by August next year. In a new bid bulletin issued on Monday, Aug. 19, Meralco specified that...
As it prepares for an anticipated increase in leptospirosis cases in the coming weeks, the Department of Health (DOH) assured on Monday, Aug. 12, that a surge response plan is already in place and that there is no current shortage of hospital beds. (ARNOLD QUIZOL / MANILA BULLETIN) “Hindi...
The Ayala group will be dangling a bundled package of renewable energy (RE) and electric vehicles (EVs) in its offer of contracts to targeted customers in the space being served by retail electricity suppliers (RES) in the restructured power sector. With its suite of service-offers that will not...
Having posted record sales of roughly 9.0% in the first half and with cash stream from additional generated capacities, power utility giant Manila Electric Company (Meralco) has scaled up its profit goal to P43 billion for the entire year from its initial target of P40 billion. Meralco Chairman...
Lights on? or lights off? That’s not one of the typical ‘fast talk’ questions being thrown by a country’s well-known television host, rather, that is a state of the country’s power supply that primarily distressed Filipino consumers in this year’s summer months. In the third State of...
The ‘energy insecure’ state of Luzon grid lingers, as system operator National Grid Corporation of the Philippines (NGCP) declared second wave of ‘yellow alert’ condition in the country’s biggest power grid this week. The state of ‘yellow alert’, which entails insufficiency of power...
By MYRNA M. VELASCO End-users shifting to the net metering scheme on gaining electricity service had grown by more than double last year and has been sustaining its escalated pace, according to the Energy Regulatory Commission. In a presentation to the media, ERC Chairperson Monalisa C. Dimalanta...
The nation’s economic agency is partnering with the Bangsamoro’s development group to improve the projects and programs in the region. The National Economic and Development Authority (NEDA) signed a memorandum of agreement with the Bangsamoro Planning and Development Authority (BPDA) to aid the...
