Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped by 26% in the first half of 2025 compared to the same period last year, according to the Independent Electricity Market Operator...
The Independent Electricity Market Operator of the Philippines (IEMOP) reports that average supply in the Wholesale Electricity Spot Market (WESM) rose to 22,218 MW for the May 2025 billing period, a 4.1%...
Vantage Energy, the retail electricity arm of Manuel V. Pangilinan-led Manila Electric Company (Meralco), has entered the Mindanao market through new supply agreements with two of the region’s leading manufacturers—Philippine Spring Water...
National Grid Corporation of the Philippines (NGCP) has warned that red and yellow power alerts remain a possibility—despite having over 10,000 megawatts (MW) of available transmission capacity. While the numbers appear reassuring—6,573...
Senator Sherwin “Win” Gatchalian has prompted the Department of Energy (DOE) to immediately respond to the looming yellow alert within the Luzon grid area, amidst concerns over the prevailing El Niño conditions....
Senator Win Gatchalian has urged the Department of Energy (DOE) to prepare contingency plans to guarantee adequate electricity supply as warmer weather persists due to the El Niño phenomenon’s impact. “El Niño...
Aboitiz Power Corporation is set to award engineering, procurement, and construction (EPC) contracts for the forthcoming coal expansion project of its subsidiary, Therma Visayas Inc. (TVI) in Toledo, Cebu next month. In...
Despite the potential impact of the El Niño phenomenon, the Department of Energy (DOE) projects a sufficient supply of electricity in 2024. In a report by the Philippine Star, DOE director for...
Philippine National Oil Co. (PNOC) eyes converting its 19.2-hectare property in Batangas into a dedicated integration port to be in service for offshore wind developments in neighboring service contract areas, said PNOC...
Following Senator Juan Ponce Enrile’s concerns over a possible power crisis and energy supply deficiency, the Department of Energy (DOE) assured the public that there are ongoing efforts to secure the country’s...
