The National Grid Corporation of the Philippines (NGCP) has released its annual Transmission Development Plan (TDP) from year 2019 to 2040, including short term and long-term plans for the country’s transmission landscape....
Ayala Corporation’s power arm AC Energy is looking forward to close a financial deal worth $1 billion for renewable power projects for the next 12-18 months. The planned project will have a...
Panay Electric Company (PECO) is in a legal battle with the Mandaluyong regional trial court for distributing its seized power assets to mining firm of billionaire Enrique Razon. The said mining firm...
AboitizPower reported a net income of P 21.7 billion for 2018, 6 percent higher compared to the previous year’s earnings of P 20.4 billion. At least P2.1 billion was recorded as non-recurring...
A public-private partnership with South Korea’s Hanjo Group Manufacturing Inc. will construct a 600 MW thermal plant in Bataan to meet the province’s power demand, Governor Albert Garcia said. “Aside from job...
For the third time this month, the Luzon grid was placed on yellow alert last Friday, triggering a supply tightening that could result in price hikes, particularly in the Wholesale Electricity Spot...
Local distributor Benguet Electric Cooperative, Inc. (BENECO) is calling on the Department of Energy (DOE) to review its policy in issuing Hydropower Service Contracts (HSC) to electric cooperatives. In a letter shared...
The Department of Energy (DOE) has recorded a rise in the country’s net oil import by 31 percent in 2018, from last year’s $9.256 billion to $12.116 billion. “This was attributed to...
Negros Occidental Governor Alfredo Marañon Jr. signed an Executive Order (EO) banning the entry of coal-fired plants in the province, cementing the region’s pursuit for increased usage of renewable energy sources. The...
The Manila Electric Company (Meralco) announced an overall increase in electricity rates to P10.4961 per kWh in March from P10.4067 per kWh last month. A typical household consuming 200 kWh will have...
