The Manila Electric Co. (Meralco) saw its energy sales volume rise by nearly 8 percent year-on-year in August, a company official said over the weekend.
The Energy Regulatory Commission (ERC) imposed a P3.5-million penalty against the National Grid Corporation of the Philippines (NGCP) for “unjustified delays” in implementing 10 transmission projects.
The National Grid Corporation of the Philippines (NGCP) appealed to regulators to allow the company to recover its expenses for big-ticket projects following the energization at full capacity of the P20.94-billion Mariveles-Hermosa-San Jose Transmissi...
The Philippine Geothermal Production Company Inc. (PGPC) is embarking on the exploration and development of new geothermal energy sources capable of generating between 250 to 400 megawatts (MW) of additional renewable energy (RE).
GOVERNMENT leaders and policy experts on Tuesday urged industry stakeholders to work closely to jumpstart the LNG (liquefied natural gas) industry, saying that the collaboration between the public and private sectors are crucial in ensuring energy sec...
The National Grid Corporation of the Philippines (NGCP) said Tuesday it has completed three vital transmission projects that allowed the entry of over 12,000 megawatts (MW) of additional capacity in the country.
Power distribution firms were ordered by the Energy Regulatory Commission (ERC) to delay the collection of generation charges from their consumers, pending the final assessment of the Wholesale Electricity Spot Market (WESM) rates to be computed by th...
THE Department of Energy (DOE) is proposing a longer maintenance work schedule for power plants to minimize unforeseen power plant outages and any negative impact on the plant’s output.
THE Department of Energy (DOE) has awarded a total of 92 offshore wind (OSW) energy service contracts with a potential capacity 65 gigawatt hours (GWh).
Alternergy Holdings Corp.’s (Alternergy) subsidiary, Alternergy Tanay Wind Corp. (ATWC), and the National Grid Corporation of the Philippines (NGCP) have signed the interconnection agreement (ICA) for the 100-megawatt (MW) Tanay wind power project in ...
Citicore Renewable Energy Corp. (CREC) and Rizal Commercial Banking Corp. (RCBC) sealed a financing deal worth P20 billion to help CREC achieve its goal of having one gigawatt (GW) of solar energy capacity this year.
Lopez-owned First Gen Corp. (FGen) said Monday it awarded the contract for the second shipment of the company’s liquefied natural gas (LNG) supply requirement to CNOOC Gas and Power Trading & Marketing Limited (CNOOC).
THE country’s on-grid power generation capacity last year grew by just 0.12 percent to 28,291 megawatts (MW), with coal still the dominant power source in the mix.
THE Power Sector Assets and Liabilities Management Corp. (PSALM) could raise as much as P100 billion from the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex, according to the chairman of the state firm.
TO ease the negative impact of rising fuel prices worldwide, the Department of Energy (DOE) told oil firms to mobilize assistance along national highways, major roads, tollways and areas leading to pilgrimage sites as motorists embark on Holy Week ret...
Meralco PowerGen Corp. (MGen) and Therma NatGas Power Inc. (TNGP) formed a joint venture company to pursue their investment in two gas power plants of San Miguel Global Power Holdings Corp. (SMGP).
A $3.3-billion power deal meant to boost energy security in the country was forged among Pangilinan-led Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. (AP) and San Miguel Global Power Holdings Corp. (SMGP) of Ramon Ang.
Terra Solar Philippines Inc. is on the lookout for international investors that will help finance its solar farm in Nueva Ecija and Bulacan which will consist of 3,500 megawatts (MW) of solar panels and 4,000 megawatt-hours (MWh) of battery storage.
At least 50 local and foreign firms are keen on participating in the first bid round for petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and the 2024 Philippine Bid Round.
THE Power Sector Assets and Liabilities Management Corp. (PSALM) formally turned over on Monday the 165-megawatt (MW) Casecnan Hydroelectric Power Plant (CHEPP) to Fresh River Lakes Corp. (FLRC), a subsidiary of the Lopez-led First Gen. Corp.
THE Manila Electric Co. (Meralco) declared a failed bidding for its 260-megawatt (MW) capacity requirement because there were no bid proposals submitted.
THE Manila Electric Company (Meralco) reported an increase of 34 percent in its net income to P38 billion in 2023 from P28.4 billion in 2022 mainly brought about by strong growth in energy sales and higher earnings from its power generation businesses.
PANGILINAN-led Metro Pacific Tollways Corp. (MPTC) may push through with its initial public offering (IPO) plans this year, amid plans to merge this with the toll road business of conglomerate San Miguel Corp. (SMC).
THE growth of the renewable energy (RE) sector could accelerate faster than anticipated with new investment interest coming from hyperscale data companies, the Department of Energy (DOE) said.
THE Department of Energy (DOE) will formally open on February 26 the first bid round for petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
The Department of Energy (DOE) is set to bid out 4,399 megawatts (MW) of renewable energy (RE) capacities under the third round of the Green Energy Auction (GEA).
The Power Sector Assets and Liabilities Management Corp. (PSALM) has scheduled in the next few days the turnover of the 165-megawatt (MW) Casecnan Hydroelectric Power Plant (CHEPP) to Lopez-led First Gen. Corp.’s subsidiary Fresh River Lakes Corp. (FL...
THE Department of Energy (DOE) is creating a nuclear committee to help achieve its target of 2,400 megawatts (MW) of nuclear capacity as early as 2032.
Businessman Manuel V. Pangilinan said telco giant Philippine Long Distance Telephone Co. (PLDT) is likely to set aside a lower capital expenditure (capex) for this year.
A LAWMAKER and the regulator moved to further protect consumers against industry players found guilty of mismanaging power-related issues that result in economic losses.
THIS year’s push for renewable energy (RE) transition has undeniably made progress, but next year appears to be tougher for the power sector as experts warned that the El Niño phenomenon will persist until the second quarter.