Energy & Mining
Lower RCOA threshold allows more Mindanao consumers to access choice power companies
The Energy Regulatory Commission (ERC) said more than a hundred Mindanao power companies qualified for participation at the retail competition and open access (RCOA) program.
Recto projects selling Laguna hydro plants north of P50 billion
Finance Secretary Ralph Recto said the Power Sector Assets and Liabilities Management Corp. (PSALM) is selling the Caliraya–Botocan–Kalayaan (CBK) hydroelectric power plant complex in Laguna to help bridge next year's budgetary shortfall.
DOE takes back earlier assurances, now saying thinning reserves boost yellow alerts in months ahead
Below-capacity water levels at hydroelectric facilities in the Luzon grid has increased the likelihood of so-called yellow alerts being issued in the hot months ahead, the Department of Energy (DOE) said.
“Choose renewable over coal”
The Department of Budget and Management (DBM) has approved the release of P1.295 billion to the Department of Education (DepEd) to cover the funding requirements of un-energized schools and upgrade the electrical systems in on-grid schools nationwide.
Citicore keen on completing Pangasinan solar project by December
Citicore Renewable Energy Corp. (CREC) is keen on completing its 240-megawatt solar power project in Binalonan, Pangasinan following a ceremonial groundbreaking on Wednesday.
