The Manila Electric Company (Meralco) has marked key milestones in its ongoing PHP 272-billion grid modernization program, including the energization of new substations and transmission lines, and the rollout of advanced smart meters across Metro Manila and surrounding provinces. The projects aim to improve electricity reliability amid growing residential, commercial, and industrial demand, with peak…
Rising energy price volatility linked to tensions around the Strait of Hormuz is strengthening the economic and security case for accelerating renewable energy deployment across Asia, experts say, as global oil prices surge and LNG supply disruptions ripple through energy markets.
The Energy Regulatory Commission (ERC) conducted a pre-trial conference on March 10 as part of its ongoing proposed distribution rate reset review of Manila Electric Company (Meralco) for the First Regulatory Period covering Regulatory Years of 2027-2030.
The Energy Regulatory Commission (ERC) met with the Manila Electric Co. (Meralco) to thresh out concerns raised by other parties related to the utility firm’s application to impose a maximum average price (MAP) of P2.3436 per kilowatt hour (kWh) for regulatory year (RY) 2027.
The Department of Energy (DOE) has intensified energy monitoring across government offices nationwide as the administration pushes agencies to reduce fuel and electricity consumption by 10–20% by the end of the year.
The Department of Energy (DOE) has partnered with the Department of Information and Communications Technology (DICT) to integrate a fuel stations concern reporting feature in the government’s flagship one-stop-shop platform, eGovPH App.
SYSTEM-WIDE Wholesale Electricity Spot Market (WESM) average rates are likely to increase anywhere from P2 to P4 per kilowatt hour (kWh) next month, not only because of rising fuel prices but also due to rising demand for electricity as the dry season begins.
Meralco PowerGen Corporation (MGEN) said it has enough fuel supply and operational readiness to ensure continuous electricity generation despite geopolitical tensions in the Middle East driving up global energy prices.
Prime Infrastructure Capital Inc. (Prime Infra) has secured PHP 273.47 billion in financing to support the development of a 2-gigawatt pumped storage hydropower portfolio, marking one of the largest energy infrastructure financing deals in the Philippines.
Aboitiz Power Corporation (AboitizPower), through its distribution utility Davao Light and Power Company (Davao Light), has begun a major power infrastructure project that will connect the Island Garden City of Samal to the mainland grid in Davao City through a submarine cable.