The Alsons Power Group has vowed to continue constructing power plants in the Mindanao region to give off the much-needed power supply with the upcoming major road network improvements there. “A critical...
The Department of Energy (DOE) has laid down a policy that will guide the creation of an independent market operator (IMO) of the wholesale electricity market (WESM). The circular, Adopting Policies for...
The Philippine Electricity Market Corp. (PEMC) has will begin the transition plan for the creation of the independent market operator (IMO) that will take over the wholesale electricity spot market (WESM) by...
The Ayala Corp.’s energy business group has been recognized as the fastest growing energy platform by the International Finance Magazine in London. AC Energy was given recognition at the IFM Awards 2017...
The rise of coal excise tax brought about by the new tax reform law has opened opportunities for companies to invest in renewable energy projects, an analyst said. In a report posted...
Renewable energy company Solar Philippines has offered a P2.99 per kilowatt-hour (kwh) power rates to the Manila Electric Co. (Meralco), challenging First NatGas Power Corp.’s bid. The company has submitted an offer...
“[The] Philippines has matured into a market-driven industry.” That’s how energy industry players, both local and abroad, described the current state of the Philippine energy sector at the 6th Power Southeast Asian...
The Power Sector Assets and Liabilities Management Corp. (PSALM) slimmed down its financial liabilities to P466.2 billion in 2017. A 7.9 percent decrease from 2016’s P506.3 billion was recorded, as well as...
President Rodrigo Duterte was called to resolve the now frozen Energy Regulatory Commission (ERC) following the suspension of its four commissioners. The Philippine Independent Power Producers Association Inc. (PIPPA) sent a letter...
Previous reports said that the Philippines will need around 26,000 megawatts (MW) of power to support the numerous infrastructure projects under the Build Build Build program. The country also needs an additional...
