ACEN posted a 50% increase in first-quarter net income as stronger renewable energy generation across its regional portfolio lifted earnings. The Ayala-led energy firm accelerated battery storage and renewable infrastructure rollouts amid...
Philippine banks are being urged to tighten policies and accelerate a shift toward renewable energy, as watchdog groups warn that continued financing for coal and gas leaves the country exposed to volatile...
Photo credit: MGEN Philippine power producers are reconfiguring fuel sourcing and preparing contingency measures as global supply disruptions drive up liquefied natural gas (LNG) costs, with electricity price increases expected to begin...
The Energy Regulatory Commission (ERC) and the Independent Electricity Market Operator of the Philippines (IEMOP) are actively monitoring how rising global fuel prices could influence electricity costs in the Philippines, using data-driven...
Two unsolicited proposals are now under evaluation for the rehabilitation of the aging 1,000-megawatt Agus-Pulangi Hydropower Complex (APHC), with an award unlikely before 2027 due to required timelines under the public-private partnership...
A new natural gas discovery at Malampaya East-1 could significantly strengthen the Philippines’ energy security, adding an estimated 98 billion cubic feet (BCF) of indigenous gas and increasing Malampaya’s remaining recoverable volumes...
The Department of Energy (DOE) has revoked eight more renewable energy (RE) service contracts for failure to meet key obligations, bringing this year’s total terminations to 84. The cancellations cover 5,372 megawatts...
The Energy Regulatory Commission (ERC) has approved a new Feed-in Tariff Allowance (FIT-All) rate of PHP0.2073 per kilowatt-hour (kWh) for 2025 to ensure continued support for renewable energy (RE) projects u buy...
The Energy Regulatory Commission (ERC) has reaffirmed its mandate to uphold the integrity of the Competitive Selection Process (CSP) amid criticisms from consumer groups, saying that protecting competition is the most effective...
The National Grid Corporation of the Philippines (NGCP) has activated contingency measures to protect the country’s transmission network as Severe Tropical Storm Opong moves closer. The grid operator said it has taken...
