The Asian Development Bank (ADB) and the Philippine government, together with Indonesia and Vietnam, are considering the implementation of the energy transition mechanism (ETM) to finance the shift to cleaner energy sources....
While recognizing the challenges facing the country’s geothermal sub-sector, Sen. Sherwin Gatchalian wants the renewable energy technology to become “sexy” or attractive once again in the eyes of investors. Speaking at the...
Team Energy unit Team Sual Corporation (TSC) and Semirara Mining and Power Corporation’s Southwest Luzon Power Generation Corporation (SLPGC) were collectively fined close to Php5 million after the Energy Regulatory Commission (ERC)...
Amid the ongoing debate over Udenna Corporation’s impending takeover of the Malampaya gas facility, the Department of Energy (DOE) urges Congress to revise Presidential Decree (PD) 87 or the Oil Exploration and...
The Philippine Competition Commission (PCC) said it did not get any notice in connection with Udenna Corporation’s acquisition of Shell Philippines Exploration B.V.’s (SPEX) 45% stake in the Malampaya gas-to-power project. PCC...
The Manila Electric Company (MERALCO), the Philippines’ largest distribution utility, said it is open to tapping electricity from nuclear power sources to address the perennial supply shortages that hit the county, particularly...
AC Energy (ACEN) recently announced that it is partnering with the South Pole Group, a leading project developer and global climate solutions provider that works with private organizations and governments worldwide. ACEN’s...
House Committee on Energy chairman and Pampanga Rep. Mikey Arroyo said he supports the Department of Energy’s (DOE) appeal to Congress for the amendment of Republic Act 8479 or the Oil Deregulation...
The average price of electricity at the Wholesale Electricity Spot Market (WESM) for October rose more than double from September, according to the Independent Electricity Market Operator of the Philippines (IEMOP). As...
Citing “enough evidence,” Sen. Sherwin Gatchalian said that the Department of Energy’s (DOE) decision to approve the sale of Chevron 45% stake in the Malampaya gas project to Dennis Uy’s Udenna Corporation...
