MANILA, Philippines — The top executive of the Energy Regulatory Commission is pushing for a key amendment to the competitive selection process (CSP) guidelines to speed up the approval of power supply deals.
The Energy Regulatory Commission (ERC) is reviewing the proposed extension of the power deal between Manuel V. Pangilinan-led Manila Electric Co. (Meralco) and Lopez-led First Gas Power Corp. (FGPC) to ensure the contract terms remain fair and reasonable.
First Gen’s vice president and chief customer engagement officer Carlo Vega said the target still stands but the company would likely “revisit how 13 GW would be” following the partnership with Prime Infrastructure.
MANILA ELECTRIC CO. (Meralco) shares fell last week as investors took profits following gains from the recent Philippine Stock Exchange index (PSEi) rebalancing, with analysts citing technical factors as the main driver.
BEIJING, China — China saw a surge in new coal power in the first half of the year even as the country added record levels of clean energy capacity, according to a report published Monday.
THE Energy Regulatory Commission (ERC) has allowed Manila Electric Co. (Meralco) to procure 100 megawatts (MW) of baseload power supply from the coal-fired power plant of a unit of Aboitiz Power Corp.
MANILA, Philippines — The 357-hectare Bataan Nuclear Power Plant (BNPP) complex is being eyed as the location for the country’s biggest integrated digital hub, housing a data center and tech schools for 4,000 students.
The Energy Regulatory Commission (ERC) has proposed a reexamination of the public offering rule for power generating companies under the Electric Power Industry Reform Act (EPIRA) of 2001.
ALTERNERGY Holdings Corp. has secured approval from the Energy Regulatory Commission (ERC) to build a P2.8-billion transmission facility to connect its 128-megawatt (MW) wind power project in Tanay, Rizal.
The Department of Information and Communications Technology (DICT) proposed transforming the mothballed Bataan Nuclear Power Plant (BNPP) into a data center hub to attract hyperscaler investments.