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Wednesday, September 25, 2024

Energy

Andres promises ‘expeditious’ action as acting ERC chief

Energy Regulatory Commission (ERC) officer-in-charge Jesse Hermogenes Andres vowed to “expeditiously” act with “fairness” on pending matters as he assumed office on Wednesday following the issuance of a memorandum from the Office of the Executive Secretary on Sept. 20, 2024. Andres, a former Department of Justice undersecretary, would replace Monalisa Dimalanta who was suspended by the Ombudsman as ERC chairperson and chief executive. Andres held a meeting with ERC commissioners Alexis...

NGCP to build Batangas-Mindoro power line for P90b

National Grid Corp. of the Philippines (NGCP) is seeking an approval from...

IAEA supporting PH bid to develop nuclear program

The International Atomic Energy Agency (IAEA) expressed support for the Philippines’ move...

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s...

SMC power unit planning to offer $100m in senior perpetual shares

The power arm of San Miguel Corp. said Tuesday its board approved...

Developers seek ‘correct’ price signals for next green energy auctions

Renewable energy developers asked the government to come out with the “correct...

Andres promises ‘expeditious’ action as acting ERC chief

Energy Regulatory Commission (ERC) officer-in-charge Jesse Hermogenes Andres vowed to “expeditiously” act with “fairness” on pending matters as he assumed office on Wednesday following the issuance of a memorandum from the Office of the Executive Secretary on Sept. 20, 2024. Andres, a former Department of Justice undersecretary, would replace Monalisa Dimalanta who was suspended by the Ombudsman as ERC chairperson and chief executive. Andres held a meeting with ERC commissioners Alexis...

NGCP to build Batangas-Mindoro power line for P90b

National Grid Corp. of the Philippines (NGCP) is seeking an approval from...

IAEA supporting PH bid to develop nuclear program

The International Atomic Energy Agency (IAEA) expressed support for the Philippines’ move...

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s...

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PSALM to end corporate life with P113 billion debt

State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) said it expects to have a residual debt of about P113 billion beyond its corporate...

Samat LNG signs lease agreement for LNG terminal in Bataan

Samat LNG Corp. signed a long-term lease agreement with state-owned Philippine National Oil. Co. for 4.5 hectares of land at the PNOC Industrial Park...

TFGI asks gov’t to provide subsidies for startups

Tech for Good Institute (TFGI), a non-profit and independent think tank, asked the government to provide subsidies and incentives to tech startups and companies...

Solar Tanauan’s 140-MW project employs advanced tools

Solar Tanauan Corp.’s 140-megawatt solar power plants in Batangas and Cavite are employing advanced project design and execution tools and strategies that led to...

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