A subsidiary of Yuchengco-led PetroGreen Energy Corporation (PGEC) has inked a 10-year power supply agreement (PSA) with SN Aboitiz Power Group (SNAP) for the supply of 15.6 megawatts (MWac) from the former’s solar facility in Nueva Ecija. The corporate entity of the Yuchengco group which...
The electric bills to be dispatched by power utility giant Manila Electric Company (Meralco) and other power utilities will practically be knocking on forbidden doors this May – but consumers will have no choice but to finally face the ‘fear factor’ of soaring expenses for electricity...
(Unsplash) Sta. Rosa City lone district Rep. Dan Fernandez is prodding the Energy Regulatory Commission (ERC) to withhold action on power supply agreements (PSA) between the Manila Electric Co. (Meralco) and two generating firms pending final...
The coal moratorium enforced in 2020 which sculpted the entry of more renewable energy (RE) investments remains as a non-negotiable policy stance to former Energy Secretary Alfonso G. Cusi if he will have his way, because that had drawn the line in the sand for the country’s greener future. In a...
ILOILO CITY – Electric distributor MORE Electric and Power Corp. (MORE Power) and major property developer SM Prime Holdings Inc. (SM Prime) have inked an agreement for stable power supply in this city. The signing of the Interruptible Load Program (ILP) last week was in response to the warning...
President Marcos said that the Energy Regulatory Commission (ERC) has temporarily suspended the operation of the Wholesale Electricity Spot Market (WESM) under the declaration of red alert of the systems operator National Grid Corporation of the Philippines (NGCP) to tame the increase of...
The Energy Regulatory Commission (ERC) has ordered suspension of the Wholesale Electricity Spot Market (WESM) - but only after two weeks from the incursion of yellow and red alerts in the Luzon and Visayas grids, hence, consumers are being warned of forthcoming bill shocks. Referencing on data...
In the absence of readily available capacity that it can procure via power supply agreement (PSA) underpinned by competitive selection process (CSP), power utility giant Manila Electric Company (Meralco) indicated that it will be left with no choice but to secure 260 megawatts (MW) of its required...
It may be a bitter pill to swallow, but the power supply turmoil in the country could ignite resurgence of coal-fired power generation, according to one of the country’s top energy players. And while the allure of green technologies would be highly irresistible, the fragility of the country’s...
President Marcos rejected suggestions that there was an artificial power crisis in the Philippines after different alert levels were raised in the country's power grids, saying the demand increased due to the ongoing El Niño. President Ferdinand ‘Bongbong’ Marcos Jr. (KJ Rosales/PPA Pool)...
Sen. Raffy Tulfo has filed a resolution that seeks to investigate the alarming power supply issue hounding the country. Tulfo who chairs the Senate Committee on Energy, filed Senate Resolution No. 1008 following the declaration of red and yellow alerts in the Luzon, Visayas, and Mindanao grids. A...
Misery loves company - and Mindanao seems not passing up on a chance to commiserate with the electricity service woes of co-consumers in Luzon and Visayas, hence, it has been joining in the appalling power industry chaos. On Wednesday (April 24), system operator National Grid Corporation of the...
