Around $13.6 billion (about Php654 billion) worth of liquefied natural gas (LNG) projects could be stranded due to the growth of renewable energy (RE) in the Philippines, according to a new report
Government-owned National Transmission Corporation (TransCo) has signed a deal with the First Catanduanes Electric Cooperatives (FICELCO) for the installation of undersea cables to connect the island province to the Luzon Grid. Upon
The Malampaya gas production facility yielded a total of $11.9 billion (around Php573 billion) in revenues with the national government receiving the bulk worth Php325 billion, as of end-December 2020, the Department
Electricity generation and consumption nationwide have gone down on a yearly basis for the first time since 2003 in the wake of the COVID-19 pandemic and the subsequent mobility restrictions, based on
Three retail electricity suppliers (RES) under Aboitiz Power Corporation and one under Citicore Power, Inc. were added to the Department of Energy’s (DOE) list of participants under its Green Energy Option Program
The Department of Energy (DOE) endorsed 16 new power projects to the National Grid Corporation of the Philippines (NGCP) for system impact study in the first quarter. The Mariveles natural gas plant
The Manila Electric Company (MERALCO) is requesting the Department of Energy (DOE) to approve its “emergency procurement” wherein it would acquire up to 260 megawatts (MW) to augment power supply during the
Two decades after the government let go of generating power, it’s considering a return in order to boost power reserves in the wake of thin supply, especially during the peak months. In
Vires Energy Corporation (VEC) has clarified that it will no longer contract liquefied natural gas (LNG) tanker BW Paris. The Department of Energy (DOE) announced in its press release over the weekend
Aboitiz Power Corporation has denied being involved in “economic sabotage” in the wake of the Department of Energy’s warning to generating companies on the possible filing of charges over prolonged power plant
