While most players in the energy sector are excited about the incursion of innovative technology solutions in the industry, Manila Electric Company (Meralco) Chairman Manuel V. Pangilinan cautioned against the trap of "quick fixes" that will not bring in realistic energy security for the country....
Basilan lone district Rep. Mujiv Hataman Citing the "huge economic losses" being suffered by his province, Basilan lone district Rep. Mujiv Hataman is seeking a House inquiry on what he described as the "frequent and incessant” power outages or brownouts there. Filed by Hataman was House...
# ERC, NGCP discuss technical gaps By MYRNA M. VELASCO The Energy Regulatory Commission (ERC) has forthrightly raised to transmission firm National Grid Corporation of the Philippines (NGCP) the need to immediately address the "technical gaps" in balancing the country’s power system so it can...
More than 7.7 million customers of Manila Electric Company (Meralco) will likely experience relief in their power bills this August, as the utility firm is anticipating downtrend in its overall rate in this billing cycle. “While we have yet to receive the final billings from our suppliers, we...
Aboitiz Renewables, Inc. (ARI), a subsidiary of Aboitiz Power Corporation, has cemented a joint venture deal with Singapore-headquartered Vena Energy (Vena Energy) for the planned 102-megawatt wind farm installation that will straddle Rizal and Laguna sites. In a statement to the media on Thursday,...
DAVAO CITY – Electricity rates in Davao City have stabilized as coal prices in the world market have decreased, an executive of the Aboitiz-owned Davao Light and Power Company (DLPC) said. Rodger S. Velasco, DLPC president and chief operating officer, told Wednesdays Media Forum at Habi at Kape...
Power utility giant Manila Electric Company (Meralco) is in talks with at least two American nuclear power companies for a "collaborative approach" on this technology as part of the long-term energy solution for the Philippines. Meralco Chairman and CEO Manuel V. Pangilinan noted that these...
Aboitiz Power Corp. (AboitizPower) subsidiaries Hedcor and Luzon Hydro Corp. (Luzon Hydro), together with Aboitiz Foundation Inc. (Aboitiz Foundation), donated rice and fuel to host communities hit by typhoon “Egay.” Egay devastated communities in northern parts of Luzon after its landfall on...
After terminating its 330-megawatt fixed priced power supply agreement (PSA) due to the recently rendered verdict of the Court of Appeals, a subsidiary of SMC Global Power Holdings Corp. has offered a replacement power supply deal to power utility giant Manila Electric Company (Meralco). Meralco...
FPM Power Holdings (Singapore) Ltd., an affiliate of Manila Electric Company (Meralco), will be joining the tender being carried out by the Singaporean government for its planned capacity shoring up to meet future energy demand growth. According to Meralco Chairman and CEO Manuel V. Pangilinan, the...
With the robust financial performance of its power generation and retail electricity supply (RES) portfolios, the consolidated core net income of Manila Electric Company (Meralco) rose 47 percent to a record high of P19.205 billion in the first half of this year versus P13.088 billion in the same...
Transmission firm National Grid Corporation of the Philippines (NGCP) is eyeing "technology clustering" as one systematic approach that it can operationalize to streamline approvals of system impact study (SIS) for energy projects. The company advanced that proposal ahead of the scheduled meeting...
