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Danessa Rivera
Danessa Rivera
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Malampaya fund eyed to reduce electricity rates
by Danessa Rivera - July 20, 2018 - 12:00am
A proposal to use the Malampaya fund to reduce power rates by 70 centavo per kilowatt-hour (kwh) will be proposed in the Senate.
Renewable Energy Law unable to cut heavy dependence on fuel imports
by Danessa Rivera - July 19, 2018 - 12:00am
The Philippines still heavily depends on imported fuel, 10 years after the passage of the Renewable Energy Law which pushed for the country’s energy independence through the development of indigenous and sustainable...
DOE flags 300 LPG retailers for violations
by Danessa Rivera - July 16, 2018 - 12:00am
Over 300 retailers of fuel and liquid petroleum gas (LPG) inspected by the Department of Energy (DOE) in Batangas were found to have violated safety, quality and quantity standards.
NGCP seeks to recover P193 M from Visayas consumers
by Danessa Rivera - July 16, 2018 - 12:00am
The National Grid Corp. of the Philippines (NGCP) is seeking to recover over P193 million from electricity end-users in Visayas in three years for the repair of transmission lines damaged by a 6.5-magnitude earthquake...
Power firm investing P174 M for transmission facility
by Danessa Rivera - July 16, 2018 - 12:00am
Catuiran Hydropower Corp. (CHC) was cleared to invest P174 million in a transmission facility that will connect its eight-megawatt (MW) hydropower plant in Mindoro.
Phoenix Petroleum expands Cebu Pacific service offering
by Danessa Rivera - July 14, 2018 - 12:00am
Phoenix Petroleum Philippines Inc. deepens its decade-long partnership with budget carrier Cebu Pacific by providing into-plane services and expanding its fuel storage and bridging services to two domestic airp...
PSALM to cut Luzon, Mindanao generation charges
by Danessa Rivera - July 14, 2018 - 12:00am
The Power Sector Assets and Liabilities Management Corp. is proposing to reduce its basic generation charge in Luzon and Mindanao.
EDC plans P11.5-billion borrowings
by Danessa Rivera - July 13, 2018 - 12:00am
Lopez-led Energy Development Corp. is looking to borrow P11.5 billion from various banks within the quarter to support its financial requirements for the year.
DOE to tap Clean Technology Fund to put up solar charging stations
by Danessa Rivera - July 12, 2018 - 12:00am
The Department of Energy was cleared to tap the Asian Development Bank’s Clean Technology Fund to put up solar charging stations in support of the electric tricycle project.
E-vehicle sales continue to grow
by Danessa Rivera - July 11, 2018 - 12:00am
Despite challenges, electricity vehicle adoption and sales will continue to expand, supported by enabling policies as well as various ongoing public and private initiatives, officials said during the 6th Philippine...
UNDP seeks bids to develop renewable energy sector in Philippines
by Danessa Rivera - July 11, 2018 - 12:00am
The United Nations Development Programme is seeking bids to develop a nationwide system for the commercialization of renewable energy markets in the Philippines.
ERC requires distributors’ report on bill deposits
by Danessa Rivera - July 11, 2018 - 12:00am
The Energy Regulatory Commission is requiring power distributors to submit reports detailing the amount of bill deposit collected from consumers as well as interests earned as it puts more teeth in the bill deposit...
Gas prices up for 2nd straight week
by Danessa Rivera - July 10, 2018 - 12:00am
Oil firms have implemented price increases today, the second consecutive week local players raised pump prices.
Power firms told to comply with minimum public float
by Danessa Rivera - July 9, 2018 - 12:00am
Private power generation companies (gencos) and distribution utilities (DUs) have until the end of December to comply with the required minimum public ownership.
Philreca slams new DOE rules on procurement
by Danessa Rivera - July 8, 2018 - 12:00am
The country’s umbrella group for electric cooperatives (ECs) has slammed the new procurement rules of the Department of Energy (DOE), which it claimed would disrupt the power distribution sector.
ERC to implement order on suspension of execs
by Danessa Rivera - July 8, 2018 - 12:00am
The suspension of the four Energy Regulatory Commission (ERC) commissioners will be implemented tomorrow following the order of Malacañang.
Power rates to go up this month
by Danessa Rivera - July 7, 2018 - 12:00am
Customers of Manila Electric Co. will see an increase of P0.3136 per kilowatt-hour in their July electricity bills, pushed up by the peso’s depreciation against the dollar and higher spot market charges.
Malampaya banked gas gets 2 bids
by Danessa Rivera - July 5, 2018 - 12:00am
State-run Philippine National Oil Co. has received two bids for banked gas with the hope of awarding the contract within the year.
More power cooperatives hike performance ratings
by Danessa Rivera - July 5, 2018 - 12:00am
More electric cooperatives under the supervision of the National Electrification Administration have improved their performance and are fully compliant with key performance standards in 2017.
Meralco expects higher generation charge for July
by Danessa Rivera - July 4, 2018 - 12:00am
Manila Electric Co. expects an increase in generation charge this month due to tight power supply from the previous month and the further depreciation of the peso.
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