News & Events

Learn more about the latest news & events
Coal plants to boost PHL power supply
March 20, 2017 | Resa Editor
The Philippines is assured of 5,000 megawatts (MW) of new power-generation capacity between this year and 2020, with coal power plants still dominating the power mix. In the 2017-2020 list of committed power projects released by the Department of ...

AC Energy scales up RE portfolio
March 20, 2017 | Resa Editor
MANILA, Philippines - After bagging Chevron’s geothermal assets and wind projects in Indonesia, AC Energy Holdings Inc. is scaling up its renewable energy portfolio through acquisitions and greenfield projects in the country to meet its 2,000-megaw...

SC stops new DOE, ERC policy
March 20, 2017 | Resa Editor
MANILA, Philippines - The Supreme Court (SC) stopped yesterday the implementation of the new retail competition and open access (RCOA) policy of the Department of Energy (DOE) and Energy Regulatory Commission (ERC) that supposedly limits the accr...

NGCP vows unified power grid by 2020
February 06, 2017 | Resa Editor
The National Grid Corporation of the Philippines has completed the first step toward unifying the nation’s three power grids after a recently conducted hydrographic survey found the country’s western seaboard suitable for the laying of a Visayas-...

Higher oil prices to raise February electricity rates
February 06, 2017 | Resa Editor
THE Manila Electric Co. (Meralco) said it is expecting an increase in generation charge, a major component of an electricity bill, this month due to higher crude-oil prices. “There will likely be an increase in the February generation charge...

Mandatory RCOA is on this month
February 06, 2017 | Resa Editor
The long-wished for “freedom of choice” will finally put electricity consumers at the head of the table when it comes to their preferred power supply contracting befitting their budgets, with the decision of the regulators and policymakers to g...

Meralco electricity rates up in Dec. due to weak peso
December 08, 2016 | Resa Editor
Published December 7, 2016 12:33pm Updated December 7, 2016 1:57pm Customers of the Manila Electric Co. (Meralco) will pay higher electricity bills for December, and the power distribution company is blaming the depreciation of the Ph...

SC denies SPC motion on Naga plant with finality
December 08, 2016 | Resa Editor
Published December 7, 2016, 10:01 PM By Myrna M. Velasco The Supreme Court (SC) has junked with finality the motion for reconsideration of SPC Power Corporation, hence, paving the way for the award of the 153.1-megawatt thermal plant to t...

New WESM design to improve market trading efficiencies
October 26, 2016 | Resa Editor
The new design of the trading platform of the Wholesale Electricity Spot Market (WESM) will expectedly improve efficiencies in the buying and selling of power commodity and will similarly bring the maturity of the deregulated electricity sector to hi...

ERC may need to rethink timetable for open-access supply
October 24, 2016 | Resa Editor
Posted on October 24, 2016 THE Energy Regulatory Commission (ERC) might be forced to review the deadlines it set for big power consumers to secure a supply contract with retail electricity suppliers after a court blocked the mandatory provisions...