Department of Energy (DOE) Secretary Alfonso Cusi has ordered the review of the concession agreement of the National Grid Corporation of the Philippines (NGCP) after delays in one of the backbones of...
Alsons Power will funnel around $180 million in three years to work on two coal-fired power plants that will supply power to the Mindanao grid, its officials said yesterday. Beginning 2017, Alsons...
The Department of Energy is looking at a flexible energy mix based on the country’s energy needs to stimulate competition and to maintain reliable and adequate power supply. Energy Secretary Alfonso Cusi...
The Philippine National Oil Company (PNOC) is studying the possibility of building a strategic reserve in the midst of unstable oil prices and the decision of major oil producers to restrict oil...
Japanese firms are interested in investing in the country’s liquefied natural gas (LNG), including the government’s plan to establish an LNG receiving terminal in Batangas. One of these firms is Tokyo Gas...
Basic Energy Corp. received approval from the Department of Energy (DOE) to go ahead with its Farm-In Agreement and Deed of Assignment with DESCO, Inc. This will allow DESCO to aquire 80...
The Manila Electric Co. (Meralco) has formed a subsidiary that will act as its retail electricity supplier as part of its move to comply with one of the provisions of the retail...
The Chamber of Commerce of the Philippine Islands is once again pushing for the revival of the Bataan Nuclear Power Plant (BNPP) in order to speed up the country’s economic progress through...
The National Transmission Corp (TransCo) has asked the Energy Regulatory Commission to approve its feed-in-tariff allowance (FIT-All) application of 22.91 centavos per kilowatt-hour (kWh) next year. If approved, consumers will face an...
Senator Sherwin Gatchalian has asked power distributor Manila Electric Co. (Meralco) to cut down its system loss to five percent of electricity sales. “If we reduce it from 6.5 [percent] to 5...
