PetroEnergy Resources Corp. (PERC) will be tapping in a foreign entity to help develop the three offshore wind energy projects in its pipeline. “These projects will be developed by the PetroGreen Energy...
Pangilinan-led PXP Energy Corp. is currently preparing for its drilling programs for two onshore wells under Service Contract (SC) 40 in Northern Cebu. SC 40, also known as the North Cebu block,...
The Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corp. (PEMC) to refund its overcollection in the Market Transaction Fees (MTF) for the years 2019 and 2020. In a Business...
The National Grid Corporation of the Philippines (NGCP) declared a yellow alert on Wednesday over the Luzon Grid after several power plants went on forced outages. On its Facebook page, NGCP announced...
The Department of Energy (DOE) has once again called for the amendment of Republic Act (RA) 8479 or the Oil Deregulation Act that would allow the government to intervene and address sudden...
The Department of Energy (DOE) has declared 24 qualified bidders to compete for the 2,000 megawatt (MW) renewable energy capacity requirement in the first round of the Green Energy Auction Program (GEAP). ...
Renewable energy company Solar Philippines is currently in talks with potential buyers of the 10-gigawatt (GW) solar capacity it will be developing. “If approved, Solar Philippines would potentially have 9 TWh/year of...
“Underbuilt” lines from the Peninsula Electric Cooperative, Inc. (PENELCO) caused the grid disturbance last Saturday, resulting National Grid Corporation of the Philippines (NGCP) to declare red and yellow alerts. “These underbuilt distribution...
The National Grid Corporation of the Philippines (NGCP) is looking to gain provisional authority to implement the Camarines Sur-Catanduanes Interconnection Project (CCIP) to allow consumers in Catanduanes to gain access to more...
House Minority leader and ACT Teachers Representative Rep. France Castro will be refiling a bill in the 19th Congress to remove value-added tax (VAT) on electricity prices as it is ”one of...
