Electricity rates will increase starting January 2025 after the Energy Regulatory Commission (ERC) approves the collection of Php 3.05 billion from households. Philippine Star reported..
Monthly Archives: December 2024
Wholesale Electricity Spot Market (WESM) prices increased slightly in November as tighter supply-demand margins drove rates higher, the Independent Electricity Market Operator of the Philippines..
The Department of Energy (DOE) is rescheduling the third round of the Green Energy Auction (GEA-3) to 2025 as it awaits the pricing mechanism necessary..
Electric cooperatives (ECs) that meet the financial and operational standards set by the National Electrification Administration (NEA) will be granted exemptions from local taxes, fees,..
Aboitiz Renewables Inc. (ARI), the renewable energy arm of Aboitiz Power Corporation, has activated its 45-megawatt peak (MWp) Armenia Solar Project in Tarlac. The facility,..
Aboitiz Power Corporation (AboitizPower) is poised for a strong finish in 2024, fueled by additional power plant capacities and enhanced infrastructure, its president said. In..
Manila Electric Company (MERALCO) subsidiary MSpectrum, Inc. has teamed up with Edward Keller Philippines Inc. (EKPI) to aid the food manufacturer in cutting its carbon..
First Gen Corporation plans to reduce its capital expenditure (capex) budget for 2025, focusing mainly on its geothermal projects. In a report by Business World,..
The Philippine Energy Efficiency Alliance (PE2) anticipates a significant increase in energy efficiency projects seeking registration with the Department of Energy (DOE) and the Board..
The Asian Development Bank (ADB) has given the green light to USD 2.85 million in grants to support climate action and renewable energy initiatives in..