ILOILO CITY – MORE Electric and Power Corp. (MORE Power) of the Razon Group remains focused on improving services in this city while preparing for expansion in the provinces of Iloilo and Negros Occidental. “I would like to focus on our commitments here in Iloilo City,” said MORE Power...
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,...
ILOILO CITY – The management of the three Iloilo Electric Cooperatives has assured no major power interruptions in this province this holiday season. “There are no scheduled power interruptions,” said James Balsomo, general manager of ILECO-III, in a joint year-end report to the Iloilo media....
LIPA CITY – Residents from various municipalities appealed for better service from the local power cooperative following recurring outages that have hit the province. Residents specifically asked Batangas II Electric Cooperative (Batelec II) which is the distributor of electric power to San Juan,...
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...
Razon-led MORE Electric and Power Corp. (MORE Power) said it will maintain the stable power distribution grid in Iloilo City, and to proceed with the joint venture agreement (JVA) with Central Negros Cooperative (Ceneco) in Negros Occidental. In a statement on Friday, Dec. 15, Roel Castro, MORE...
The Energy Regulatory Commission (ERC) is scheduling public consultations on the proposed regulatory review and enforcement of rules that will directly impact consumers’ pockets as well the overall business viability of the power industry. The industry regulator apprised all relevant stakeholders...
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...
DUBAI, UAE – Danish nuclear firm Seaborg Technologies is eyeing to sign a memorandum of understanding (MOU) with the Department of Energy (DOE) on targeted deployment of its sea-based small modular reactor (SMR) technology in the Philippines. In an interview during a side event at the...
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...
Liberty Solar Energy Corp. (LSEC), a subsidiary of the renewable power pioneer Alternergy Holdings Corp. (Alternergy) received an operating contract from the Department of Energy (DOE) for the Apulid Solar Project in Paniqui, Tarlac. In a disclosure to the Philippine Stock Exchange (PSE),...
