System-wide average prices at the Wholesale Electricity Spot Market (WESM) declined by P0.51 per kilowatt-hour, or 11.2 percent, in May 2025 on higher supply margins despite increased demand.
The Department of Energy (DOE) has called on generation companies (GenCos) to ensure their facilities can provide backup power when necessary.
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is making moves in the distribution utility (DU) and its generation business through an ongoing partnership with South Korea.
BUHAWIND Energy Northern Luzon Corp. (BENLC) said it has secured an environmental compliance certificate (ECC) for the pre-development phase of its 2,000-megawatt (MW) offshore wind power project in Ilocos Norte.
THE Securities and Exchange Commission (SEC) has approved the planned P45.8-billion initial public offering (IPO) of Pangilinan-led water provider Maynilad Water Services, Inc., which is set to list on the Philippine Stock Exchange (PSE) by July 17.
LOPEZ-LED First Gen Corp. is focusing more on expanding its renewable portfolio after selling a controlling stake in its natural gas assets to Razon-led Prime Infrastructure Capital, Inc. (Prime Infra), its chairman said.
Energy Secretary Raphael Lotilla’s exit may be drawing cheers from the camp he’s headed to, but back in the energy sector, the real prayer is this: bring in a new Secretary who comprehensively knows the policy playbook—and one who isn’t afraid to run it fairly and objectively across every chain of the industry.
Billionaires make huge bets on natural gas
MANILA — Gasoline and diesel prices will rise while kerosene will go down in the first week of June, based on the results of the trading days this week.
Malayan Colleges Laguna (Mapúa MCL) has partnered with ACEN Renewable Energy Solutions (ACEN RES) to transition its entire campus in Cabuyao, Laguna into 100 percent renewable energy.