The US government is amenable to firming up an agreement on taking back ‘spent fuel’ that had already been irradiated once fissioned or burnt in reactor for nuclear technologies that American suppliers will be deploying to the Philippines. In a roundtable discussion with the Philippine media,...
Power utility giant Manila Electric Company (Meralco) has secured three contracts for a total of 500-megawatt capacity that will satiate its requirements for renewable energy (RE) supply portfolio as prescribed under the government-enforced Renewable Portfolio Standards. The tariffs cornered by the...
Aboitiz Power Corporation subsidiary Therma Luzon Inc. (TLI) has entered 17 Corporate Social Responsibility (CSR) projects for communities inside its host province of Quezon and host Municipality of Pagbilao, in cooperation with various project partners and beneficiaries. AboitizPower...
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...
Prime Solar Solutions Corp., a unit of the Razon-led Prime Infrastructure Capital Inc., officially opened its 64-megawatt solar power facility in Maragondon, Cavite on Wednesday, July 17. In a statement, Guillaume Lucci, Prime Infra president and chief executive officer, said the completion of the...
With array of factors which caused unavailability of 1,652 megawatts in the system, the tripping of the 417.4MW San Gabriel gas-fed power facility has prompted the declaration of ‘yellow alert’ condition in the Luzon grid. In the context of the power industry, to be plunged into ‘yellow...
The full completion of the 230-kilovolt Cebu-Bohol interconnection project will decongest power supply flow in the tourist-haven Bohol; and will also have positive spillover effect to improving power supply in the Luzon grid by taking the edge off on the existing Leyte-Bohol submarine cable....
Hedcor, an Aboitiz Power Corp. renewable energy subsidiary, released P3.2-million worth of community shares and Energy Regulations No. 1-94 (ER 1-94) funds to Manolo Fortich, Bukidnon. MANOLO Fortich Mayor Rogelio N. Quiño receives the municipality’s community shares from Hedcor represented by...
By MYRNA M. VELASCO The roughly 8.0 million customers of Manila Electric Company (Meralco) will suffer ‘electric shock’ from its P2.1496 per kilowatt hour (kWh) hefty rate hike in the July billing, which were triggered by uptick in the generation charge with high exposure in the Wholesale...
By JAMES A. LOYOLA The Consunji Group has begun unlocking synergies with its newly acquired Cemex Holdings Philippines Inc. (CHP), starting with an electricity supply agreement for APO Cement Corporation (APO) in Cebu. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, July 15, CHP...
The Department of Energy (DOE) is batting for the corporate life extension of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) so it can serve as counterparty to the investing-entity that will rehabilitate the Agus hydropower complex in Mindanao. Energy Secretary Raphael...
The Philippines is eyeing robust jumpstart on knowledge transfer as well as training on gaining and ramping up technical expertise on nuclear development and operations following the effectivity of the 123 Agreement with the United States. This has been indicated to the media by Energy Secretary...
