Sen. Sherwin Gatchalian has warned of corruption in the power sector if Energy Sec. Alfonso Cusi’s proposals for the government to get involved again in the generation and transmission of electricity would...
The Department of Energy (DOE) has included Shell Energy Philippines (SEPh) and Energy Development Corporation (EDC) subsidiary Green Core Geothermal, Inc. (GCGI) in its Green Energy Option Program (GEOP), bringing the number...
The Manila Electric Company (MERALCO) has announced a Php0.0798 per kilowatt-hour (kWh) increase in its electric billing for June due to price spikes in the Wholesale Electricity Spot Market (WESM). This translates...
The Department of Energy (DOE) has reiterated its position for the government to be involved again in power generation following last week’s Red Alerts in Luzon and similar incidents in recent years....
In the wake of last week’s Red Alerts that led to rotational brownouts in Luzon, Energy Sec. Alfonso Cusi said that he wants the government to regain control of the country’s power...
Lopez-led Energy Development Corporation (EDC) has started the construction of its 29-megawatt (MW) binary power plant project, which is part of the Bacon-Manito (BacMan) geothermal plant’s expansion. During the groundbreaking ceremony of...
The National Grid Corporation of the Philippines (NGCP) warns of “soaring electricity rates” should the Department of Energy (DOE) continue pushing the grid operator to have 100% firm contracting for ancillary services...
Customers of the Manila Electric Company (MERALCO) should expect higher electric bills this June as price surges in the Wholesale Electricity Spot Market (WESM) last May will push up generation charges, the...
AC Energy (ACEN) will subscribe to 33.5 million common shares in subsidiary One Subic Power Generation Corporation, as its board approved the move to convert its advances worth Php680 million into equity. In...
Government-owned firms Philippine National Oil Company (PNOC) and Power Sector Assets and Liabilities Management Corporation (PSALM) have signed a memorandum of understanding (MOU) for the possible sale of “banked gas” from the Malampaya...
