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AboitizPower moves two idle oil-fired barges to MORE Power
AboitizPower transferred two mothballed oil-fired power barges to MORE Power in an electricity barge sale, reducing its idle oil-fired capacity, the Daily Tribune reported on October 5. Terms were not given in the summary DailyDrop reviewed.
Shedding oil-fired assets fits a shift away from costly oil as fuel prices stay high.
Little direct effect on bills; generation mix matters over time.
Watch whether the barges are used for supply or reserve.
DailyDrop Philippines edition No. 2 · Morning · TUE., OCT. 6, 2026