Renewable energy (RE) is projected to start dominating the Philippines’ power generation mix by 2028, as several new coal-fired power plants are slated to become operational within the next three years. In...
Data from the Department of Energy (DOE) revealed that the country’s on-grid power capacity grew by five percent at the end of 2022, with coal still the dominant power source in the...
The country’s energy sector would have to quickly grow to support the goal of ending poverty and becoming a prosperous middle-class society by 2040, the World Bank said. In its latest report,...
A study by the clean energy advocate group Withdraw from Coal: End Fossil Fuels (WFC-ECC), revealed that Philippine banks have provided financial support totaling $1.8 billion to coal and gas-fired power projects....
Quezon Power Philippines Ltd. (QPL), a subsidiary of Thailand-based EGCO Group, and South Korean firm Doosan Enerbility Co. Ltd have signed an agreement to introduce ammonia co-firing at QPL’s coal-fired power generation...
State-owned Korea Electric Power Corp. (KEPCO) is divesting its two energy assets in the country within the first half of the year as it plans to focus on developing renewable energy. In...
The Institute for Climate and Sustainable Cities (ICSC) said that the Philippines needs to go for a more “distributed” power generation, which involves constructing more solar power plants while swaying away from...
Consunji-led Semirara Mining and Power Corporation (SMPC) has remitted Php5.9 billion in government royalty to the Department of Energy (DOE) for the first quarter this year, the highest so far in its...
The incoming administration of president-elect Ferdinand Marcos Jr., should push for the conversion of coal-fired power plants in the country into liquefied natural gas (LNG) facilities, said Energy Regulatory Commission (ERC) Chairperson...
Ayala-led ACEN said it posted a consolidated net income of Php405 million for the first quarter of 2022, 68% lower than the Php1.27 billion recorded in the same period last year. The...
