Marinduque Representative Lord Allan Velasco encouraged the Department of Energy (DOE) and energy industry players to fast-track the next round of bidding for much-needed greenfield baseload capacity. “We believe that with the...
The Department of Energy (DOE) urged private companies in the power sector to invest in power-generation facilities in the Visayas region to ensure sufficient energy supply in the coming years. DOE Electric...
The Philippine National Oil Company (PNOC) is in initial discussions with foreign firms for the targeted setting up of a “strategic reserve” that will act as the country’s oil reservoir in case...
Irrational fear of radiation as well as fake news surrounding the issue of nuclear energy has prevented the country to use nuclear energy as one of its energy sources. This was the...
The Department of Energy (DOE) conducted an on-site visit and inspection of the Mindanao Geothermal Power Plant (MGPP) on November 4. This was done through the agency’s Mindanao Field Office and Electric...
The Manila Electric Company (Meralco) announced today an overall rate increase to P9.5579 per kilowatt-hour (kWh) for November from last month’s P9.0862 per kWh. The upward adjustment of P0.4717 per kWh will...
The World Bank is expecting to see an increase in flow of fundings in projects in liquefied natural gas (LNG) and renewable energy (RE) in the near to long-term future investments. “LNG...
AboitizPower recorded a net income of P13.5 billion, which is 19 percent lower than last year’s net income of P16.7 billion during the same period. The company had non-recurring losses of P220...
Solar power is a versatile source of energy: it can be constructed as a distributed generation or as a central-station like conventional power plants. Countries such as Germany, Spain, Italy, Japan, the...
The National Power Corporation’s (Napocor) proposed increase in missionary generation charges could further burden consumers with up to P0.1948 per kilowatt hour (kWh) added to monthly electricity bills. This was the claim...
