MANILA, Philippines — Ayala-led ACEN Corp. has ramped up its push to retire a coal plant in Batangas ahead of schedule by joining forces with Japan’s Mitsubishi Corp. and its unit, Diamond Generating Asia Ltd.

Following the Philippine Geothermal Production Company, Inc.’s (PGPC) recent exploration in Albay, the Department of Energy (DOE) has encouraged developers to further explore geothermal resources.

THE operator of the Wholesale Electricity Spot Market (WESM) expects “stable” power supply and spot market prices this year.

MANILA, Philippines — Relief may be in sight for Manila Electric Co. (Meralco)’s eight million customers as power rates are likely to drop this month despite the heat.

MANILA – The Energy Task Force on Election (ETFE), led by the Department of Energy (DOE), has assured the public of uninterrupted power supply nationwide during the May 12 midterm polls.

LOPEZ-LED First Gen Corp. reported a 4.4% increase in attributable net income to $82.3 million for the first quarter, driven by lower operating expenses.

MANILA — Government officials and the Mitsubishi Corporation have broken ground for a power substation that will supply electricity to the Metro Manila subway.

The Independent Electricity Market Operator of the Philippines (IEMOP) reported a 15 percent decline in Wholesale Electricity Spot Market (WESM) prices ahead of the 2025 midterm elections.

Looking ahead to this year’s goal of boosting its performance in the energy sector, Consunji-led Semirara Mining and Power Corp. (SMPC) plans to continue its exploration of the 700-megawatt (MW) Saint Raphael Generation Corp. (SRGC) project.

MANILA – A week before the 2025 elections, the Department of Energy (DOE) ordered the National Grid Corporation of the Philippines (NGCP), the National Electrification Administration (NEA), electric cooperatives (ECs), and private distribution utilities (DUs) to immediately remove obstructions from power infrastructure to ensure safe and uninterrupted 2025 elections.