SPC Power Corporation is intensifying its transition toward sustainable energy, allocating PHP 1.9 billion for its Battery Energy Storage System (BESS) expansion as part of a strategic pivot from traditional power distribution.
A faction within the Lopez family is questioning the structure of First Gen Corp.’s PHP 62-billion investment in Prime Infrastructure’s hydropower business, citing a contractual provision that could materially reduce the value of the stake if key management changes occur.
The Department of Energy (DOE) threatened oil companies with legal action if they fail to implement government-mandated price rollbacks that significantly exceed industry calculations, citing powers granted under a state of national energy emergency.
THE Department of Energy on Monday laid out three possible fuel price trajectories on Monday, warning that global pump prices remain highly sensitive to developments following a two-week ceasefire in a key Middle East conflict.
Energy security took center stage at the Philippines Energy Forum 2026, as government officials and industry leaders discussed the country’s vulnerabilities and ongoing efforts to strengthen supply and resilience.
The pump prices of diesel may decrease by P20.89 per liter, while that of gasoline may be down by P4.43 per liter and kerosene cut by P8.50 per liter this week, Department of Energy (DOE) Secretary Sharon Garin said Sunday.
THE Department of Energy (DOE) said on Sunday that it will conduct virtual meetings for the remaining Association of Southeast Asian Nations (Asean) energy activities.
SOUTHEAST ASIA is leaning more heavily on coal-fired power generation amid global oil shocks, with countries such as the Philippines seeing increased reliance, according to international research group Zero Carbon Analytics (ZCA).
The Energy Regulatory Commission (ERC) has implemented a modified administered pricing mechanism for the Wholesale Electricity Spot Market (WESM), effective 26 March 2026, aimed at stabilising electricity rates and optimising the allocation of generation resources. The pricing adjustment coincided with the nationwide suspension of WESM operations at dispatch interval 00:05H on the same day.
Alternergy Holdings Corporation has secured shareholder approval for a shelf registration covering future public issuance of its Green Perpetual Preferred Shares, paving the way for potential capital raising to support its expanding renewable energy pipeline.