The Manila Electric Co. (Meralco) recorded a P19.58 billion core net income in 2016, up four percent from the previous year. Meralco chief finance officer Betty Siy-Yap said that the company’s core net...
The Philippine Independent Power Producers Association (PIPPA) is pushing for the resolution of the temporary restraining order (TRO) passed by Supreme Court against the implementation of the retail competition and open access...
The Philippines is looking to use the official development assistance (ODA) and other funding from the Chinese government to finance the rehabilitation and expansion of the Agus-Pulangui hydropower complex in Mindanao. Department...
The Palawan and Sabah power interconnection may soon be in the works, the Department of Energy (DOE) said. During the recent Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP -EAGA) Power and Energy...
Semirara Mining and Power Corp.’s earnings rose 42 percent in 2016 on the back of record coal sales and the contribution from its newest power plant. In a disclosure to the Philippine...
To avoid more delays in implementing the retail competition and open access (RCOA) scheme, the Department of Energy (DOE) is relaxing its policies on consumers’ transition to an open market. Energy Secretary...
Phoenix Petroleum Philippines Inc. has sold its stake in shipping and industrial business to lower its debt expenses. In a disclosure to the Philippine Stock Exchange, the company said it divested its...
The Energy Regulatory Commission vowed that it will explore all legal options to implement the new retail competition and open access (RCOA) policy after the Supreme Court (SC) issued a TRO on...
The Energy Regulatory Commission (ERC) is set to decide on Manila Electric Co.’s (Meralco) petition to stagger the P0.92 per kilowatt-hour rate increase caused by the 20-day Malampaya maintenance. “We know the...
The Philippine Solar Power Alliance (PSPA) is urging the Energy Regulatory Commission (ERC) to retract the issuance of feed-in-tariff (FIT) certificates on solar power projects with inconsistencies. The group is questioning the...
