Philippines

The stake sale is in line with the firm's 2020 target of 2,000MW.

The Pulanai hydropower plant project was worth US$54.2m.

It's currently on the look-out for opportunities.

More than 20% of the power was shaved off the grid.

3 out of 11 approved projects are "traditional pwoer plants".

Consumers are there to catch them anyway, says analyst.

Capacity will be sub-100MW.

The deal is part of its effort to boost capacity to 4,000MW by 2020.

Slovenia's Krsko nuke plant is said to be a clone of the former's plant.

3 biomass power plants will be built in Negros Occidental.

This assurance was revealed despite outages that lashed Luzon recently.

Maturing into its ten years of commercial operations, the Wholesale Electricity Spot Market (WESM) has seen its share of volatility and regulatory intervention. Spot prices in WESM have been strongly driven by events, spiking on an almost annual basis on plant maintenance shutdown, typhoons, or fuel shortages.

Will system loss charges be slashed off consumers' bills?

New environment chief sternly says no to coal.

Is the 70% reduction in emissions by 2030 too ambitious?

The electrification subsidy in missionary areas started on May 1, 1988 with the proclamation by the President of the Philippines that electricity rates in all islands outside the main grids shall be pegged at P2.50/kWh. Thus, the National Power Corporation (NPC) and the National Electrification Administration (NEA) allocated P1.20/kWh for generation and P1.30/kWh for distribution.