Lopez-led Energy Development Corp. (EDC) has allotted Php17 billion in capital expenditures (capex) this year for its growth projects and to ensure long-term development. Based on a report from The Philippine Star,...
The peak demand in Luzon and Visayas is expected to breach 12,000 megawatts (MW) in the next three month, according to the Independent Electricity Market Operator of the Philippines (IEMOP). Based on...
Customers of the Manila Electric Company (MERALCO) should indeed expect an increase in electricity bills for April as a result of higher rates in the Wholesale Electricity Spot Market (WESM), which in...
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) has pushed the deadline for the submission of offers for the 650-megawatt Malaya Thermal Power Plant (MTPP) to May 7 from April 23...
Petron Corporation plans to offer United States (US) Dollar-denominated senior perpetual capital securities within the year to pay for its debts and for other purposes. In a disclosure to the Philippine Stock...
The Department of Energy (DOE) and Tokyo-based Hydrogen Technology (HTI) sealed a memorandum of understanding (MOU) to explore the use of hydrogen as fuel for power generation. Under the MOU, the DOE...
Pilipinas Shell Petroleum Corporation (PSPC) eyes to grow its strategic priorities with up to Php20 billion worth of investments in the next five years, to prepare for increasing demand in the domestic...
The Energy Regulatory Commission (ERC) rejected the motion for reconsideration sought by state-owned Power Sector Assets and Liabilities Management Corporation (PSALM) to recover a total of Php10.843 billion from consumers to pay...
The simultaneous bogging down of power plants and reduction of output from the Malampaya gas field have pushed prices in the Wholesale Electricity Spot Market (WESM) to hit record-spikes in recent days...
Operations of the 1,336-megawatt (MW) GNPower Dinginin coal-fired power plant have begun, according to Aboitiz Power Corporation. AboitizPower President and CEO Emmanuel Rubio said in a Manila Bulletin report that the plant’s...
