The Energy Regulatory Commission (ERC) has approved the new price determination methodology (PDM) for the Wholesale Electricity Spot Market (WESM), which will help expedite the spot market’s opening in Mindanao. “The new...
Aboitiz Power Corporation expects to complete the 1,336-megawatt GNPower Dinginin coal-fired power plant in Mariveles, Bataan by the second quarter of this year. AboitizPower President and CEO Emmanuel Rubio said that one...
Even as the COVID-19 pandemic affected the power sector, Aboitiz Power Corporation said it remains focused on more than doubling its capacity, which includes the expansion of its renewable energy (RE) portfolio....
The National Grid Corporation of the Philippines (NGCP) is appealing to the government to allow its suppliers, as well as shipments of essential transmission equipment, to enter the country amid the travel ban...
(UPDATED) The Manila Electric Company (MERALCO) has confirmed receipt of the Energy Regulatory Commission’s (ERC) order to refund to its customers over-recoveries of its pass-through charges worth Php1.4 billion and to collect under-recoveries worth...
The Energy Regulatory Commission (ERC) has expanded the coverage of Retail Competition and Open Access (RCOA), which intends to promote competition and ensure the successful restructuring and modernization of the electric power...
Meralco PowerGen Corporation (MGen), the power generation arm of the Manila Electric Company (MERALCO), the country’s largest power distributor has taken full ownership of Global Business Power Corporation (GBP), the largest power...
The Philippines has yet to catch the attention of foreign investors to develop the country’s geothermal and biomass resources for power despite the government allowing full foreign ownership of such projects, according...
AC Energy has set its stock rights offer (SRO) for February of next year, based on its December 23 disclosure to the Philippine Stock Exchange. Ayala’s power unit said that the offer...
Energy Sec. Alfonso Cusi sees no problem with the inclusion of Petron Corporation’s oil refinery in Limay, Bataan as part of the Freeport Area of Bataan (FAB). Cusi pointed out, though, that...
