Meralco begins feasibility study for MMR deployment
The Manila Electric Co. (Meralco) has commenced the conduct of a feasibility study for the potential deployment of micro-modular reactor (MMR) energy systems in the Philippines.
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The Manila Electric Co. (Meralco) has commenced the conduct of a feasibility study for the potential deployment of micro-modular reactor (MMR) energy systems in the Philippines.
THE Energy Regulatory Commission (ERC) has moved to protect consumers from the spike in power rates by suspending the operations of the Wholesale Electricity Spot Market (WESM) in Luzon and Visayas whenever the red alert notice is issued by the system operator.
Therma Quezon Energy Inc. (TQE), a subsidiary of Aboitiz Power Corp., plans to develop a $1-billion liquefied natural gas (LNG) terminal and combined cycle power plant with a capacity of 1,310 megawatts (MW).
Energy Development Corp. (EDC) was recognized for its environmental, social and governance (ESG) practices by its shareholder, Macquarie Asset Management (MAM).
San Roque Hydropower Inc. (SRHI), a unit of SMC Global Power Holdings Corp., withdrew its offer to supply 260 megawatts (MW) of peaking power generation capacity to the Manila Electric Co. (Meralco).
INCREASING electricity demand and frequent forced shutdown of power plants signify the need for more base load power sources such as coal power plants, according to Manila Electric Company (Meralco) chairman Manuel V. Pangilinan. The moratorium on new coal power plants, however, hinders the development of new conventional power plants.
DOMESTIC pump prices of petroleum products will go down starting Tuesday, oil firms announced Monday.
The Manila Electric Co. (Meralco) said it expects to perform better this year as core profit could reach P40 billion, higher than last year’s P37.1 billion.
a wholly owned subsidiary of PEHC), announced its intention to build a portfolio of over 2,350 megawatts (MW) over the next 10 years.
Listed Enex Energy Corp., which is majority owned by ACEN Corp., continues to scout for a joint partner to develop its oil and gas exploration contract, service contract (SC) 55, in the West Philippine Sea.
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.
THE Department of Energy (DOE) said Thursday the issuance of yellow alerts, and possibly red alerts, will continue until next month as the heat index remains extremely high in most areas of the country, resulting in an increase in demand for electricity.
ACEN Corp. is expecting 1.6 gigawatts (GW), or 1,600 megawatts (MW), of new renewable energy (RE) projects to deliver close to fullyear output this year.
THE National Grid Corporation of the Philippines (NGCP) placed the Luzon and Visayas grids on red alert and the Mindanao grid on yellow alert last Wednesday.
Taisei Corp. of Japan is acquiring a 25-percent stake in Rizal Green Energy Corp. (RGEC), a subsidiary of Yuchengco-led PetroGreen Energy Corp. (PGEC).
Manuel Pangilinan-led PXP Energy Corp. narrowed its net loss to P2.6 million in the first quarter due to higher volume of crude oil sold from its operations in the Galoc oil field.
The Manila Electric Co. (Meralco) and the Department of Energy (DOE) are urging more companies to sign up for the Interruptible Load Program (ILP) to help ensure power supply sufficiency throughout the dry season.
ROTATING brownouts were implemented Tuesday afternoon as the Luzon grid was placed on a five-hour red alert status following the forced shutdown of 18 power plants.
FIRST Gen Corp. said the Philippine Manufacturing Co. of Murata Inc. (PMM) has agreed to renew its renewable energy (RE) supply deal for its production facility.
OIL firms announced on Monday they will implement a mixed price adjustment this week.
The Department of Energy (DOE) has endorsed 11 power projects—all renewables with a combined capacity of 2,024 megawatts (MW)—to the National Grid Corporation of the Philippines (NGCP) for the conduct of system impact study (SIS).
The average price at the Wholesale Electricity Spot Market (WESM) in Luzon and Visayas, when both grids were placed on red and yellow alert last week, surged to as high as P13.39 and P14.64 per kilowatt hour (kWh), respectively.
THE construction of critical transmission projects was completed in recent months. However, the Luzon and Visayas grids experienced rotating power outages early this week due to over 30 power plants either being shut down or operating at limited capacity.
THE Department of Energy (DOE) on Thursday said the extremely high temperatures have been affecting the operations of power plants as the red alert was once again raised for the third consecutive day in the Luzon grid.
LOANS extended by the to electric co-operatives (ECs) reached P263.78 million at end-March this year.
PetroGreen Energy Corp. (PGEC), a subsidiary of publicly listed PetroEnergy Resources Corp., will source PV solar modules from Trina Solar, a global leader in smart PV (photovoltaic) modules and energy storage solutions.
THIRTY-ONE power plants in Luzon and Visayas are still on shutdown while eight more are still running on de-rated capacity, prompting the National Grid Corporation of the Philippines (NGCP) to place the grids on yellow alert on Wednesday.
AN environmentalist think tank released a report on Wednesday citing three high-potential offshore wind (OSW) development zones in the country.
Basic Energy Corp. (BEC) has tapped the technical expertise of Japan-based Renova Inc. to develop the 50-megawatt (MW) wind power project in Batangas.
(UPDATED) The Luzon grid may experience tight power supply in May, particularly from May 13 to 26, potentially leading to yellow alerts due to El Nino, a Manila-based think tank said Tuesday. This, as Luzon and the Visayas grids were placed on red alert on Tuesday.
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