The Philippine Rural Electric Cooperatives Association (PHILRECA) is pushing for an amendment to the Electric Power Industry Reform Act (EPIRA) of 2001 allowing National Power Corp. to construct power plants for ancillary reserve services.
Category Archives: News
MANILA – The Department of Energy (DOE) assured lawmakers that there are more power plants coming online that would prevent a repeat of recent yellow and red alerts raised due to tight power supply.
Senator Raffy Tulfo on Tuesday sought assurance from the Department of Energy (DOE) that there would be no power interruptions during the 2025 national and local elections.
The Department of Science and Technology (DOST) on Tuesday, May 14, provided a P4.99 million Green Bio-Hydrogen to Energy Laboratory in Cagayan de Oro to help find sustainable energy solutions in Northern Mindanao.
While most consumers expected radical spike in electricity rates, power utility giant Manila Electric Company (Meralco) had announced a rather moderate hike of P0.4621 per kilowatt hour (kWh) in its overall pass-on tariff that will be reflected in the bills of consumers this May.
CEBU CITY – The Visayan Electric Company on Tuesday announced an increase of PHP0.86 per kilowatt-hour (kWh) for residential consumers in its service area in Metro Cebu.
LAOAG CITY – Ilocos Norte Electric Cooperative (INEC) has borrowed PHP100 million from the Land Bank of the Philippines (Landbank) to help cushion operational cost while allowing consumers to pay on installment basis.
Citicore Energy REIT Corp. (CREIT) recorded a 17.8-percent increase in net income in the first quarter of 2024 to P359.275 million from P304.958 million in the same period last year.
MORE than 30 areas outside the franchise area of Manila Electric Co. (Meralco) have expressed interest in being served by the power distributor, House Committee on Ways and Means Chairman and Albay Rep. Jose Maria Clemente “Joey” S. Salceda said on Monday.
Power generation companies called on the government to help make diesel plants more viable as these facilities helped avoid rotating power outages during red and yellow alerts last month.
GERMAN firms operating in the Philippines have identified economic policy conditions, prices of energy and supply chain disruptions as the risks that could impact future economic growth, according to the Spring 2024 AHK World Business Outlook Survey conducted by the German-Philippine Chamber of Commerce and Industry (GPCCI).
The Department of Justice has rendered an opinion that the 2023 agreement on peaceful uses of nuclear energy between the Philippines and United States, known as the 123 Agreement, is aligned with the Constitution and laws of the Philippines.