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Visayas grid on yellow alert anew

Manila, Sept. 25 -- The unavailability of generating units at three major coal-fired power plants in the Visayas continues to result in low capacity, prompting a yellow alert for the grid from 4 p.m. ... Read More


Stocks, peso drop amid economic growth concerns

Manila, Sept. 24 -- The Philippine Stock Exchange index (PSEi) dropped to its lowest level of the year on Thursday, and the peso weakened against the US dollar following downgrades to the country's ec... Read More


Energy exec bullish on geothermal growth with new de-risking facility

Manila, Sept. 24 -- An executive from a renewable energy firm has expressed optimism for the growth of the Philippines' geothermal energy sector following the establishment of the PHP10-billion Philip... Read More


ERC chief vows swift BESS approvals to address Visayas supply issues

Manila, Sept. 24 -- Regulatory approvals for the commissioning of battery energy storage systems (BESS), intended to help boost power capacity in the Visayas, will be issued immediately once applicati... Read More


PSEi falls on inflation, growth worries; peso strengthens

Manila, Sept. 23 -- The Philippine Stock Exchange index (PSEi) fell for a fourth straight session on Wednesday amid inflation and growth worries, even as the local currency found relief to finish stro... Read More


APECO, foreign firms ink P8.2-B power project

Manila, Sept. 23 -- Citing the importance of ensuring a stable power supply to attract more investments, the chief of the Aurora Pacific Economic Zone and Freeport Authority (APECO) on Wednesday expre... Read More


Visayas in yellow alert anew Sept. 23

Manila, Sept. 23 -- A yellow alert remained in effect in the Visayas grid on Wednesday from 5 p.m. to 8 p.m. as several power plants remained unavailable. The National Grid Corporation of the Philipp... Read More


Visayas grid faces another yellow alert Tuesday

Manila, Sept. 22 -- The Visayas grid was placed under yellow alert from 4 p.m. to 8 p.m. on Tuesday due to the unavailability of several power plants and reduced capacity of others, the National Grid ... Read More


DOE taps PCC, PEMC to probe gencos' pricing amid supply woes

Manila, Sept. 22 -- Energy Secretary Sharon Garin said officials will review electricity prices to determine whether generation companies, or gencos, have made pricing errors amid the impact of curren... Read More


Visayas grid on red alert amid power plant outage

Manila, Sept. 22 -- Outage of the 56.6 megawatts Palinpinon-2 Geothermal Power Plant and increase in projected demand contributed to the issuance of a red alert for the Visayas grid 5 p.m. to 6 p.m. o... Read More