Renewable energy (RE) is projected to start dominating the Philippines’ power generation mix by 2028, as several new coal-fired power plants are slated to become operational within the next three years. In...
Data from the Department of Energy (DOE) revealed that the country’s on-grid power capacity grew by five percent at the end of 2022, with coal still the dominant power source in the...
The country’s energy sector would have to quickly grow to support the goal of ending poverty and becoming a prosperous middle-class society by 2040, the World Bank said. In its latest report,...
A study by the clean energy advocate group Withdraw from Coal: End Fossil Fuels (WFC-ECC), revealed that Philippine banks have provided financial support totaling $1.8 billion to coal and gas-fired power projects....
Quezon Power Philippines Ltd. (QPL), a subsidiary of Thailand-based EGCO Group, and South Korean firm Doosan Enerbility Co. Ltd have signed an agreement to introduce ammonia co-firing a purchase cialis soft tabs...
State-owned Korea Electric Power Corp. (KEPCO) is divesting its two energy assets in the country within the first half of the year as it plans to focus on developing renewable energy. In...
The Institute for Climate and Sustainable Cities (ICSC) said that the Philippines needs to go for a more “distributed” power generation, which involves constructing more solar power plants while swaying away from...
Consunji-led Semirara Mining and Power Corporation (SMPC) has remitted Php5.9 billion in government royalty to the Department of Energy (DOE) for the first quarter this year, the highest so far in its...
The incoming administration of president-elect Ferdinand Marcos Jr., should push for the conversion of coal-fired power plants in the country into liquefied natural gas (LNG) facilities, said Energy Regulatory Commission (ERC) Chairperson...
Ayala-led ACEN said it posted a consolidated net income of Php405 million buy rybelsus online in the best USA pharmacy https://biodealpharma.com/wp-content/uploads/2025/09/html/buy-rybelsus.html no prescription with fast delivery drugstore for the first quarter of...
Security Bank said it will stop funding new coal projects by 2033 in support of the government’s commitments to reduce greenhouse gas emissions. The country’s seventh largest bank said that it will...
SPC Power Corporation and its affiliate Intrepid Holdings Inc. (IHI) will no longer acquire German firm Steag GmBH’s 51% stake in STEAG State Power Inc – the operator of the 210-megawatt (MW)...
An energy advocacy coalition has challenged the incoming administration to establish mechanisms to help accelerate the country’s energy transition and to commit to “ambitious climate goals.” This comes as Withdraw from Coal...
The country has enough supply to power through the elections on May 9, with or without unplanned outages from power plants, based on data from the Independent Electricity Market Operator of the...
Aboitiz Power Corporation recorded a 53% decline in its core net income for the first quarter of 2022 to Php2.9 billion versus from Php6.2 billion in the same period last year. In...
The percentage of coal power generation in the Philippines increased to 48% in 2021 from 38% in 2021 despite the Department of Energy’s moratorium on the building of new coal plants, according...
Despite possible Yellow Alerts during the summer months in the Luzon Grid, the Department of Energy (DOE) remains confident that there would be no power interruptions throughout the election period. “Aside from...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) said it will zero out its exposure to coal-fired power plant projects by 2031 and instead, focus its lending services on renewable energy projects. RCBC President...
The Institute of Climate and Sustainable Cities (ICSC) has called on the government to take on demand-side management activities to ensure power supply in the upcoming presidential elections, further warning once again...
The Energy Regulatory Commission (ERC) has begun its investigation into the unplanned shutdown of seven power generators that resulted in the Luzon Yellow Alert on Saturday night. Based on a Manila Bulletin...
Luzon was once again placed under a Yellow Alert on Saturday night, as several power plants went on unplanned outages and derated capacities, according to the National Grid Corporation of the Philippines...
Aboitiz Power Corporation is allotting Php28 billion for capital expenditures (capex) this year, which will be used to expand its renewable energy (RE) portfolio and to upgrade its existing power facilities, the...
Aboitiz Power Corporation posted a 66% increase in net income to Php20.8 billion in 2021 from Php12.6 in 2020. In a disclosure to the Philippine Stock Exchange on Monday, AboitizPower attributed the...
Electricity rates may continue to increase as an effect of the continuous rise of international coal prices. Estimates from the Philippine Independent Power Producers Association (PIPPA) showed that the effect on the...
Consunji-led Semirara Mining and Power Corporation (SMPC) recorded a net income of Php16.2 billion in 2021, its highest in 41 years, with profits jumping nearly five times from 2020’s Php3.3 billion. SMPC...
Prices at the Wholesale Electricity Spot Market (WESM) dropped 13% in February as more power generating units reconnect to the grid, the Independent Electricity Market Operator of the Philippines (IEMOP) said. Power...
SPC Power Corporation and affiliate Intrepid Holdings, Inc. (IHI) have acquired German firm Steag GmbH’s 51% stake in STEAG State Power Inc. – the operator of the 210-megawatt (MW) Mindanao Coal-fired Power...
The Department of Energy (DOE) announced that it is looking for challengers for several coal blocks in Mindanao under the Philippine Conventional Energy Contracting Program (PCECP). The DOE recently published an invitation...
Should he win the presidency, former senator Ferdinand “Bongbong” Marcos, Jr. will consider nuclear energy as a power source for the country, calling it “clean” and “cost-efficient.” Marcos, Jr., in a BusinessMirror...
The Indonesian government has assured the Philippines of coal supply once their domestic supply requirements are met. Trade Sec. Ramon Lopez said that the coal supply was assured by Indonesian Coordinating Minister...
The Department of Energy (DOE) has required power generation companies (gencos) with coal plants to submit a full inventory report that would help assess possible obstacles once the coal export ban in...
(UPDATED) The Department of Energy (DOE) has asked the Indonesian government to lift its ban on coal exports. In his letter to Indonesian Energy and Mineral Resources Minister Arifin Tarsif dated January...
Philippine coal-fired power plants are looking for other possible sources of the fossil fuel amidst Indonesia’s ban on coal exports. Based on a BusinessWorld report, Aboitiz Power Corporation — the country’s largest...
The Energy Regulatory Commission (ERC) has given the go-signal for the commercial operation of the GNPower Dinginin supercritical coal-fired power plant’s 668-megawatt (MW) Unit 1. This comes as the commission granted a...
The Department of Finance is looking into the possibility of getting foreign governments to buy out shareholdings in corporations that run coal-fired power plants in the Philippines. Finance Secretary Carlos G. Dominguez...
While the Department of Energy (DOE) has vowed to increase the Philippines’ renewable energy (RE) capacity, it opted to be rather silent on the phaseout of coal power generation technologies from the...
Aboitiz Power Corporation, the country’s largest power generator, said it plans to come up with its own strategy for net zero greenhouse gas emissions within the next six months. At an online...
Amid the ongoing United Nations Climate Change Conference in Scotland, the Department of Energy (DOE) said the Philippines still needs coal and oil meet the country’s power needs. Energy Sec. Alfonso Cusi,...
The Philippines and Indonesia may be the first countries in Asia to remove coal from their energy mix. This comes on the back of commitments from the Asian Development Bank (ADB) to...
After months of delays, Aboitiz Power Corporation said it is looking forward to the full operation of the GNPower Dinginin (GNPD) coal-fired power plant’s 668-megawatt Unit 1 by the end of the...
The government will have to spend P330 billion for it to be able to buy out coal power plants in Mindanao, as part of the Philippines’ commitment to cut on carbon emissions...
The Asian Development Bank (ADB) and the Philippine government, together with Indonesia and Vietnam, are considering the implementation of the energy transition mechanism (ETM) to finance the shift to cleaner energy sources....
Team Energy unit Team Sual Corporation (TSC) and Semirara Mining and Power Corporation’s Southwest Luzon Power Generation Corporation (SLPGC) were collectively fined close to Php5 million after the Energy Regulatory Commission (ERC)...
AC Energy (ACEN) recently announced that it is partnering with the South Pole Group, a leading project developer and global climate solutions provider that works with private organizations and governments worldwide. ACEN’s...
The Luzon Grid was placed on Yellow Alert on midday Wednesday, as several power plants went on forced outage, according to the National Grid Corporation of the Philippines. Net operating margin from...
AC Energy (ACEN), the power arm of the Ayala Group, is transitioning its generation portfolio to 100% renewable energy (RE) by relinquishing all thermal assets by 2025 through a “property-for-share-swap” scheme with...
The timeline for the opening of Unit 1 of the GNPower Dinginin coal-fired power plant has been pushed back once again. Based on a BusinessWorld report, GNPower Dinginin Ltd. Co. (GNPD) Vice...
The Department of Energy (DOE) said that it has 7,712 megawatts (MW) in committed power plant projects, which are to be added to the grid from this year until 2027. Energy Sec....
SMC Global Power Holdings, the power generation arm of San Miguel Corporation (SMC), registered a 35% increase in its first half net income from Php12.2 billion from Php9.06 billion in the same...
Consunji-led Semirara Mining and Power Corporation (SMPC) posted a 279% jump in its consolidated net income for the second quarter of 2021 at Php3.98 billion from Php1.05 billion in the same period...
Aboitiz Power Corporation recorded a consolidated net income of Php4 billion for the second quarter of 2021, 136% higher than the Php1.7 billion it got in the corresponding period in 2020. In...
SMC Global Power Holdings’ (SMCGP) coal-dropping moves continue, as it plans to transform its 300-megawatt (MW) coal plant in San Carlos City, Negros Occidental to a gas-fired facility. San Miguel Corporation’s (SMC)...
A consumer group has reminded Energy Sec. Alfonso Cusi that he is being paid taxpayer money and thus, should focus on electricity rates and the power situation which it says has worsened...
SMC Global Power Holdings Corporation (SMCGP), the power generating arm of San Miguel Corporation (SMC), said it will be beefing up its investments in renewable energy (RE) in a bid to significantly...
SMC Global Power Holdings Corporation, the power generating arm of San Miguel Corporation (SMC), will not anymore push through with its three planned coal-fired power plant projects with aggregate capacity of 1,500...
The Department of Energy (DOE) has warned of the possible reimposition of Red and Yellow Alerts in the Luzon Grid, and thus rotating brownouts, until July. At the Senate Committee on Energy’s...
With the thinning power supply in the Luzon Grid, the Department of Energy (DOE) said it wanted to postpone the maintenance activities for the Sual-coal fired and Ilijan gas-fired power plants. Based...
The 668-megawatt (MW) Unit 1 of the GNPower Dinginin (GNPD) coal-fired power plant in Mariveles, Bataan is set to begin full operations in August, said Energy Regulatory Commission (ERC) Chairperson Agnes Devanadera....
Power consumers in Luzon, including Metro Manila, still have to brace for rotating brownouts this coming week, as the Department of Energy (DOE) warned of Red Alerts until June 10. During the...
The sudden outage of the 316-megawatt (MW) Unit 2 of the GNPower Mariveles coal-fired power plant, which led to the entire facility’s shutdown, triggered the longer implementation of the Red Alert status...
Aboitiz Power Corporation signed a three-year long-term service agreement (LTSA) with Mitsubishi Power to enhance the boiler reliability of its Therma South, Inc. (TSI) coal power plant in Davao City and support...
The Asian Development Bank (ADB) said it will stop financing new coal power plants in the region under a proposed energy policy released last Friday (May 7). The ADB, which gives loans...
Consunji-led Semirara Mining and Power Corporation (SMPC) posted a 93% surge in its consolidated reported net income to Php2.3 billion in the first quart purchase fildena online in the best USA pharm...
Profits of Consunji-led Semirara Mining and Power Corporation (SMPC) are unlikely to return to pre-pandemic levels this year even though its coal business is expected to do well, according to its top...
Aboitiz Power Corporation is considering the use of data science and artificial intelligence (DSAI) to improve the operations of its power plants, including the 1,336-megawatt (MW) GNPower Dinginin coal-fired power plant in...
Aboitiz Power Corporation and MERALCO PowerGen Corporation (MGen) said that they are dropping coal from their power project under Redondo Peninsula Energy, Inc. (RP Energy) in Subic, Zambales. Instead, RP Energy —...
Aboitiz Power Corporation’s consolidated net income for the first quarter nearly tripled to Php6.2 billion from Php2.1 billion year-on-year. In a disclosure to the Philippine Stock Exchange, AboitizPower attributed the profit surge...
The Department of Energy (DOE) is on the watch for a possible yellow alert for Luzon until June due to the usual high electricity demand for summer and the simultaneous shutdown of...
The government is planning to acquire coal-fired power plants in Mindanao, especially the older ones, in order to shut them down once the Agus-Pulangi hydropower plants start running at higher capacity, said...
A total of 8,977.1 megawatts (MW) have been committed or are expected to be added to the country’s generating capacity as of end-2020, based on data from the Department of Energy (DOE)....
Operations of the 1,336-megawatt (MW) GNPower Dinginin coal-fired power plant have begun, according to Aboitiz Power Corporation. AboitizPower President and CEO Emmanuel Rubio said in a Manila Bulletin report that the plant’s...
The Department of Energy (DOE) has lifted the one-month suspension of Semirara Mining and Power Corporation’s (SMPC) coal trader accreditation. In a disclosure to the local bourse, SMPC said it received a...
(UPDATED) Aboitiz Power Corporation has allotted Php23 billion for capital expenditures (capex) this year mainly for the completion of the GNPower Dinginin (GNPD) coal power plant project and the installation of various battery...
Consunji-led Semirara Mining and Power Corporation (SMPC) is budgeting around Php4 billion for its capital expenditure (capex) program this year. SMPC said Php2.9 billion of the total budget will be used to...
The Philippines is not yet ready to implement carbon taxes just yet since it will only make the country’s power sector uncompetitive, according to Energy Sec. Alfonso Cusi. The secretary pointed out...
AC Energy (ACEN) has begun the process of divesting from the 540-megawatt GNPower Kauswagan (GNPK) coal-fired power plant in Lanao Del Norte. In a disclosure to the Philippine Stock Exchange by ACEN’s...
An Aboitiz power plant in Mindanao has fully integrated data science and artificial intelligence in its operations to reduce emissions. The 300-megawatt Davao baseload power plant, operated by AboitizPower subsidiary Therma South,...
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Alcantara-led Alsons Consolidated Resources (ACR) is earmarking Php6.54 billion pesos for the construction of four power generation projects. In a disclosure to the Philippine Stock Exchange, ACR confirmed an earlier report saying...
Alsons Consolidated Resources, Inc. (ACR), which has power generating assets concentrated in Mindanao, said it was given a “PRS A+ (corp.) with a Stable Outlook” issuer credit rating from the Philippine Rating...
The Department of Energy (DOE) is beefing up efforts to attract Php10 trillion in new energy projects under the u order robaxin online in the best USA pharmacy https://ivitamintherapy.com/wp-content/uploads/2025/08/png/order-robaxin.html no prescription with...
The GNPower Kauswagan coal-fired power plant, as well as eight other projects, have secured approval from the Department of Energy to conduct a system impact study (SIS) on their respective facilities. GNPower...
The Philippines’ major power players have been pushing for renewable energy (RE), but coal will still dominate the country’s energy mix for years to come, according to a report by global market...
SMC Global Power Holdings, Inc., the power generation arm of San Miguel Corporation, is expanding its Masinloc coal-fired power plant in Zambales by 630 megawatts (MW) worth around Php73 billion. Based on...
Even as the COVID-19 pandemic affected the power sector, Aboitiz Power Corporation said it remains focused on more than doubling its capacity, which includes the expansion of its renewable energy (RE) portfolio....
The Philippines remains largely dependent on coal for its electricity requirements, with fossil fuels powering half of the country’s output even during the COVID-19 pandemic, based on data from the Wholesale Electricity...
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Anakalusugan Partylist Rep. Michael Defensor has lauded the Department of Energy’s (DOE) pronouncement that coal remains an important part of the country’s energy mix. The congressman particularly agrees with Energy Sec. Alfonso Cu...
