DoE wants fast track for P3.5-B power projects

THE Department of Energy (DoE) is proposing a threshold of P3.5 billion for power generation ventures to be declared as projects of national significance, a status which frees them from tedious permitting and regulatory hurdles. However, the project cost will only be secondary to the department’s goals as laid down in the Philippine Energy Plan…

Power plant capacity rises 13% to over 21,000 MW

PHILIPPINE power plants ended 2016 with a total installed capacity of 21,423 megawatts (MW), up 13%, though dependability statistics showed only slight improvement. The Department of Energy (DoE) said dependable capacity as of last year reached 19,097 MW, or 89% of the total installed capacity, and slightly better than the previous year’s 88%. However, this…

NGCP wants plants to be in sync on redundant systems

THE National Grid Corporation of the Philippines (NGCP) has called on generation companies to synchronize their systems to that of the grid operator to avoid the repeat of the power interruption on Nov. 15 that left parts of Metro Manila without electricity for at least an hour. “NGCP is urging power plants and distribution utilities…

First Gen clean energy plants can lower consumer electricity bills–group

Two new plants in Batangas generate clean energy that can lower the bills of Manila Electric Company Meralco subscribers and in turn help grow the manufacturing industry, an electronics group said Friday. Two facilities in Santa Rita, a 414-megawatt MW San Gabriel combined-cycle plant and a 97-MW Avion open cycle natural gas-fired plant, were inaugurated…

Global Business Power Corp. looks to build coal-fired plant in Negros island

Global Business Power Corp. (GBPC) is looking at Negros island as the next site to build a coal-fired power plant after its unit Panay Energy Development Corp. (PEDC) officially launched on Wednesday its 150-megawatt (MW) expansion here. “In Negros, there are talks there that they wanted to put up a power plant. We’re very much…

BOI gives DMCI Power 6-year income-tax holiday

DMCI Power Corp. has been granted a six-year income-tax holiday for its 2×4.95 megawatt (MW) bunker-fired power plant in Aborlan, Palawan. DMCI Power’s entitlement to the tax incentive was determined based on its project’s ability to contribute to the economy’s development as measured by its net value added, new jobs generated, multiplier effect and measured…

NGCP moves to improve RE integration

NATIONAL GRID Corporation of the Philippines (NGCP) said on Friday that it had set up a “comprehensive program” to ensure its capability to take in renewable energy (RE) power sources into the grid. “Because of the intermittent nature of some renewable energy sources, particularly solar and wind, balancing the system’s supply and demand becomes challenging….

Systems loss pass-on charge to be reviewed

THE ENERGY Regulatory Commission (ERC) is looking at reviewing the power systems loss that is billed consumers amid calls to bring down electricity costs, an official of the agency said.  “Probably this is the right time to bring it down with the clamor to reduce power cost,” ERC Commissioner Alfredo J. Non said on Thursday…

Roxas Holdings says bioethanol plant operations halted

Roxas Holdings Inc. said Wednesday local executives suspended operations of its bioethanol plant in La Carlota City, Negros Occidental province due to alleged foul smell coming from the facility. The company told the stock exchange that the 30-day cease and desist order could be lifted “any time” once there is a “substantial mitigation” of the…

Electricity rates go down in September

Meralco announced that the residential rate for a typical household will go down this September by around PhP0.0451 per kilowatthour (kWh), thereby bringing it down to PhP8.46 per kWh. This translates to a reduction of around PhP9 in the electricity bill of a household with monthly consumption of 200 kWh. The reduction is due to the downward movement in the transmission charge,…

Ayala power unit draws down P5 B to fund Bataan coal plant

GN Power Dinginin Ltd. Co. (GNPD) has made the first drawdown of nearly P5 billion from its credit line to finance the construction of its 2×668-megawatt (MW) coal-fired power plant in Bataan. Ayala Corp. disclosed yesterday GNPD has made an initial drawdown under its financing documents to construct the first unit of its supercritical coal-fired…