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The Philippines has dropped to 105th out of 120 in the 2024 Energy Transition Index, a study evaluating how countries balance energy security, environmental sustainability, and affordability. The country ranked 94th in...
The Department of Energy (DOE) has indicated that despite the moratorium on new coal-fired power plants, the Philippines will continue to rely on its existing coal-fired plants to ensure a stable and...
The Philippine Chamber of Commerce and Industry (PCCI) has called on the government to implement power subsidies as a key policy to attract foreign investments into the country. Speaking at the Power...
The Department of Energy (DOE) is committed to creating an environment conducive to investment and innovation in liquefied natural gas (LNG), recognizing its role as a transitional fuel amid the country’s shift...
Manila Electric Co. (MERALCO) has initiated the bidding process for 400 megawatts (MW) of mid-merit power supply to maintain uninterrupted customer services. In a recent report by the Philippine Star, MERALCO’s Senior...
The Energy Regulatory Commission (ERC) has issued an order directing all Distribution Utilities in the Luzon and Visayas Grids to delay charging their consumers the generation charge until the Final Statement (FS)...
As part of its initiative to develop micro-modular nuclear power plants, Manila Electric Co. (MERALCO) announced that it is close to completing a full feasibility study with Ultra Safe Nuclear Corp., a...
Following an increase in electricity production, Aboitiz Power Corporation recorded a 4% increase in net income in the first quarter, reaching Php 7.9 billion from Php 7.5 billion in the same period...
The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) urged power distribution utilities to maximize the Anti Bill Shock Lending Program of the Land Bank of the Philippines (LANDBANK) to...
PXP Energy Corporation (PXP) intends to join a government auction for energy reserves in the western and southern waters of the country that are unclaimed by China. Reuters reported that PXP Energy...
