The Independent Electricity Market Operator of the Philippines (IEMOP) marked its seventh year of operations on September 26, 2025, highlighting its growing role in supporting the country’s renewable energy transition. Since taking...
Meralco PowerGen Corp. (MGen) is pressing ahead with its 1,200-megawatt (MW) Atimonan coal-fired power project in Quezon as it reviews bids from Chinese contractors for the plant’s engineering, procurement, and construction (EPC)...
Transmission rates rose in August 2025 as higher Ancillary Services (AS) charges drove up overall costs, the National Grid Corporation of the Philippines (NGCP) announced on Tuesday. The equivalent average transmission rate...
The Department of Energy (DOE) is working with regulators, utilities, and local government agencies to clear long-standing bottlenecks in the Net Metering Program, aiming to make it easier for households to lower...
Citicore Renewable Energy Corporation (CREC) posted a 38% year-on-year increase in net income after tax to Php630 million in the first half of 2025, driven by higher electricity sales and a broader...
President Ferdinand R. Marcos Jr. has reaffirmed his administration’s support for renewable energy initiatives following a meeting with Manila Electric Co. (Meralco) power unit MGen and Saudi Arabia’s ACWA Power at Malacañang...
First Gen Corporation is ramping up investment in its geothermal portfolio, with major upgrades planned for its over 40-year-old power plants in Leyte and Negros, alongside new exploration in Mindanao. “In geothermal,...
Power generation rates across most Philippine regions dropped in May 2025, according to preliminary data from the Energy Regulatory Commission (ERC), providing relief from the spike in electricity costs recorded in April...
The Department of Energy (DOE) has approved Manila Electric Company’s (Meralco) updated 2025 Power Supply Procurement Plan (PSPP), as confirmed in a letter dated April 11, 2025. This approval allows Meralco to...
Meralco PowerGen Corporation (MGEN) announced that liquefied natural gas (LNG) has overtaken coal as its main energy source, with renewables expected to surpass coal by next year. The declaration was made during...
