Bleak, challenging energy sector outlook seen in ’23 [Business Mirror]
by Lenie Lectura | January 09, 2023| Published by Business Mirror | READ THE STORY HERE INDUSTRY stakeholders paint a bleak and very challenging power sector this year. The Institute for Climate and Sustainable Cities (ICSC) said rotating brownouts could happen in the second quarter of this year because of two reasons that were not included in earlier projections of the grid operator. “The power outlook for 2023 is bleak. We at ICSC do not foresee much improvement in the supply from both coal and fossil gas power plants,” ICSC senior policy advisor Pete Maniego Jr. said. He cited [...]
Former Aboitiz legal counsel new ERC chair
President Ferdinand Marcos Jr. has named a former chief legal counsel and compliance officer of Aboitiz Power Corp. as chair of the Energy Regulatory Commission (ERC), Malacañang announced Friday. Marcos Jr. signed on Monday the appointment of Monalisa Dimalanta, who replaces Agnes Devanadera following the latter’s retirement on July 10.