LAOAG CITY – The Ilocos Norte Electric Cooperative (INEC) formally signed a one-year emergency power supply agreement (EPSA) with Therma Luzon, Inc., which operates under Aboitiz Power Corp., to stabilize and secure the province’s power supply during summer, officials announced Tuesday.

MANILA – The Manila Electric Company (Meralco) increased its power rate by PHP0.6427 per kilowatt hour (kWh) for the March 2026 billing due to higher transmission and generation charges, the utility firm announced Tuesday.

Department of Energy Secretary Sharon Garin on Monday expressed support for a proposed measure that would allow President Ferdinand Marcos, Jr. to suspend excise taxes on oil, saying a two-month suspension could lower diesel prices by as much as P6 per liter.

MANILA ELECTRIC CO. (Meralco) has signed a memorandum of understanding (MoU) with Korea Hydro & Nuclear Power (KHNP) and the Export-Import Bank of Korea (KEXIM) to collaborate on the development of nuclear energy projects in the Philippines.

Ayala-led ACEN Corp. announced that lower wind generation, reduced solar irradiance, and weaker prices at the Wholesale Electricity Spot Market (WESM) dragged down its consolidated net income by 60 percent despite better renewable output in 2025.

The Department of Energy (DOE), in partnership with the Department of Information and Communications Technology (DICT), has launched an electronic complaint platform where consumers can report gasoline stations suspected of violating fuel pricing rules or experiencing supply shortages amid tensions in the Middle East.

Energy Development Corporation (EDC), a subsidiary of First Gen Corporation (First Gen) and the world’s largest vertically integrated geothermal company, officially commemorated its 50th anniversary of providing renewable energy to the Philippines on Thursday.

The Department of Energy (DOE) has issued show-cause orders to a total of 55 gasoline stations following reports that they raised fuel prices without proper justification amid global oil market uncertainties. This initiative comes amid heightened volatility arising from the ongoing developments in the Middle East.

MANILA – The goal of ensuring a reliable domestic power supply throughout the day is one reason the government, with support from the Asian Development Bank (ADB), has established a de-risking facility for geothermal power projects, Energy Secretary Sharon Garin said Thursday night.

ELECTRICITY prices in the Wholesale Electricity Spot Market (WESM) slightly fell by 1.8 percent to P3.5 per kilowatt hour (kWh) in February from P3.56 per kWh a month ago due to improved supply conditions in Luzon that helped stabilize overall market outcomes despite tighter supply conditions in other regions.