The Wholesale Electricity Spot Market (WESM)’s average electricity prices drop to Php 5.20 per kilowatt-hour in November due to an increase of supply after the Malampaya natural gas field resumed operations. WESM’s...
Major news outlets in the Philippines have reported an anticipated oil price rollback on 30 November. Unioil, Pilipinas Shell Petroleum Corporation, Cleanfuel, Seaoil, PetroGazz, and Chevron have announced the rollback. ABS-CBN News...
In preparation for the privatization of the Casecnan, the Power Sector Assets and Liabilities Management Corporation is working on appraising the value of the 165-megawatt irrigation and power generation facility. Casecnan is...
The Philippine Electricity Market Corp. (PEMC) has partnered with the UN Office for Projects and Services (UNOPS) to prepare the electricity market for the entry of energy storage systems as part of...
The Global Alliance for Incinerator Alternatives (GAIA) Asia Pacific raised the red flag on the Philippines’ proposed waste-to-energy (WTE) facilities. According to Jorge Emmanuel, WTE could be harmful to the environment as...
NEO’s real estate portfolio in the Philippines is the first in the world to be certified with the International Finance Corporation’s EDGE Zero Carbon certification. The retrofit plans for its seven office...
The setting up of liquified natural gas (LNG) facilities in the country, coupled with a close collaboration between the government and other industry stakeholders will play a crucial role in accelerating the...
Aboitiz Power Corporation will be issuing Php12 billion in fixed-retail bonds to fund its renewable energy (RE) projects and for refinancing purposes, among others. In a disclosure to the Philippine Stock Exchange...
The timeline for the opening of Unit 1 of the GNPower Dinginin coal-fired power plant has been pushed back once again. Based on a BusinessWorld report, GNPower Dinginin Ltd. Co. (GNPD) Vice...
Aboitiz Power Corporation, the country’s largest power generation company (genco), said it will focus on putting up floating solar projects in the Magat, Ambuklao, and Binga reservoirs — all in Northern Luzon...
