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The Energy Regulatory Commission (ERC) has ordered the suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon region due to insufficient generation capacity in the grid. The decision came after...
The Supreme Court (SC) lifted the Temporary Restraining Order (TRO) on the portion of the Hermosa-San Jose 500 kiloVolt (kV) transmission line (HSJ). By releasing the TRO, NGCP would be able to...
MERALCO Chairman and Chief Executive Officer Manuel V. Pangilinan expects a strong year with a consolidated core net income (CCNI) of over PHP 40 billion, The company looks to exceed its 2023’s...
The Department of Energy (DOE) says that red alerts may occur next week should power plants are not able to immediately reconnect to the grid, and if weather conditions do not improve....
Shell Pilipinas Corp. (SPC) has earmarked up to Php 3 billion for capital expenditures (CAPEX) in 2024 to support its expansion plans. In a recent report by BusinessMirror, Vice President for Finance...
Alternergy Holdings Corp. remains confident in its ability to expand its renewable energy (RE) capacity, leveraging recent financial gains to propel its projects forward despite potential challenge. In a report by the...
House Committee on Ways and Means Chairman Joey Salceda stated that extending the Manila Electric Company (MERALCO) franchise for another 25 years would bring economic benefits. Salceda had previously filed House Bill...
Senator Risa Hontiveros on Wednesday urged the Department of Energy (DOE), the Energy Regulatory Commission (ERC), and the National Grid Corporation of the Philippines (NGCP) to address the country’s power shortages. Hontiveros...
The Energy Regulatory Commission (ERC) is issuing an order partially lifting the suspension on settlement amounts in the Reserve Market of the Wholesale Electricity Spot Market (WESM). In the Order issued for...
The Philippine Rural Electric Cooperatives Association (PHILRECA) is urging an amendment to the Electric Power Industry Reform Act (EPIRA) of 2001, which would allow the National Power Corporation (NAPOCOR) to build power...
