The Energy Regulatory Commission (ERC) has yet to decide on the controversial power supply agreements (PSAs) of Manila Electric Co. (Meralco) ERC Chairperson and CEO Agnes Devanadera said they are not acting...
Despite legal issues between state-run Philippine National Oil Co. (PNOC) over leased properties, Petron Corp. has guaranteed a safe fuel supply nationwide. “So far, we continue to enjoy undisturbed possession of the...
Zamboanga City Rep. Celso Lobregat has called on the National Electrification Administration (NEA) to intervene in the investment management contract being bid out by debt-ridden Zamboanga Electric Cooperative (Zamcelco). In media interviews,...
Aboitiz Power Corp. recorded a four percent drop from P5.3 billion to P5.1 billion net income this year due to non-recurring foreign exchange losses. The energy company noted higher non-recurring losses at...
Manila Electric Co. (Meralco) noted a raise in profit for the first half of the year due to continuous increase in energy volume and customer count during the period. Meralco CFO Betty...
After its 345-MW San Roque Hydroelectric Multipurpose Power Project in San Manuel, Pangasinan, San Miguel Corp. (SMC) is looking to develop 10,000 megawatts (MW) of renewable energy (RE) capacity in 10 years....
In a move to further improve efficiency in operations, the Energy Regulatory Commission (ERC) launched a review of its internal processes to streamline and facilitate the regulatory actions of the agency. This...
The Department of Energy (DOE) has released guidelines to allow consumers to choose and avail renewable energy (RE) resources for their electricity needs. DOE Secretary Alfonso Cusi recently signed a department circular...
AboitizPower business unit, SN Aboitiz Power (SNAP) Group, recently attained safety records without lost-time injury (LTI) in its hydropower facilities in Isabela and Benguet. This achievement marks a significant milestone for SNAP...
The Department of Energy intends to to identify and create renewable energy zones all over the archipelago in order to boost the development of the country’s indigenous renewable energy resources. The agency...
