Author Archives: LM Staff
ACEN profit drops 60% on weaker prices despite higher renewable output
Ayala-led ACEN Corp. announced that lower wind generation, reduced solar irradiance, and weaker prices at...
DOE launches online portal for gas station price violations
The Department of Energy (DOE), in partnership with the Department of Information and Communications Technology...
First Gen celebrates 50 years of EDC, introduces unified brand
Energy Development Corporation (EDC), a subsidiary of First Gen Corporation (First Gen) and the world’s...
DOE to 55 erring gas stations: Explain jacked up prices
The Department of Energy (DOE) has issued show-cause orders to a total of 55 gasoline...
DOE chief: De-risking facility to boost PH geothermal supply
MANILA – The goal of ensuring a reliable domestic power supply throughout the day is...
Electricity prices in WESM ease slightly in February
ELECTRICITY prices in the Wholesale Electricity Spot Market (WESM) slightly fell by 1.8 percent to...
EDC plans to start geothermal drilling in Indonesia this year
ENERGY DEVELOPMENT CORP. (EDC) is gaining steam this year as it plans to begin drilling...
Meralco shares fall despite developments
MANILA ELECTRIC CO. (Meralco) shares dipped last week despite favorable developments concerning the power distributor...
Luzon power prices sink 17% as supply surge buffers March rate hikes
Luzon’s plummeting spot market prices are set to provide buffer against electricity rate hikes this...
GSIS, SSS to shift to 4-day work week for energy conservation
The Government Service Insurance System (GSIS) and the Social Security System (SSS) will be observing...