THE National Grid Corporation of the Philippines (NGCP) placed the Visayas grid on red alert on Friday afternoon and issued yellow alert for Luzon and Mindanao grids.
MANILA Electric Co. (Meralco) recorded an 18.9% increase in its consolidated net income to P9.6 billion for the first quarter (q1) of the year, driven by energy sales and growth in other business segments.
MANILA, Philippines — Power grids across the country remained on alert yesterday, according to the National Grid Corp. of the Philippines.
Sen. Raffy Tulfo has filed a resolution that seeks to investigate the alarming power supply issue hounding the country.
MANILA – Building more renewable energy (RE) technologies across the country will help the Philippines lessen its dependence on imported fuel, like liquefied natural gas (LNG), which are more expensive and more exposed to volatile global prices, an expert from the Institute for Energy Economics and Financial Analysis (IEEFA) said.
CEBU CITY – Cebu’s largest power distribution firm on Friday assured customers that there would be no power interruptions amid a nationwide low power supply alert.
MANILA – The Department of Energy on Thursday said that the current situation on electricity has reached crisis proportions.
The Department of Energy (DoE) is maintaining a moratorium on the development of greenfield coal-fired power plants even as most hydropower plants are currently running on derated capacities, resulting in insufficient power supply affecting the main grids.
Power generation companies are liable over unscheduled outages last week that resulted in unforeseen red and yellow alert incidents, Senator Sherwin Gatchalian said.
The Energy Regulatory Commission (ERC) said Thursday it is investigating six generation companies for possible violations of outage allowances.
Amid soar in weather temperatures, demand for electricity in the country had reached its boiling point this week, as the highest demand of 14,016 megawatts on Wednesday (April 24) breached the peak demand projection of the Department of Energy (DOE) for this year.
MANILA – Department of Energy (DOE) Undersecretary Rowena Cristina Guevara said there are at least 4,164.92 megawatts of new power supply that will come online this year to address the growing electricity demand in the country.