The Energy Regulatory Commission (ERC) on Friday said firms claiming that they cannot remove the system loss charge due to possible bankruptcy are painting a doomsday scenario.

MANILA, Philippines — Ayala-led ACEN Corp. is open to energizing a US-led Pax Silica hub in Tarlac, an artificial intelligence (AI)-focused industrial enclave, with its top official stressing the need for careful planning given the complex’s massive electricity demand.

FDC Misamis Power Corp, a member of Filinvest Group, on Friday announced it has signed a power supply agreement with Vivant Energy’s retail electricity arm COREnergy to support the latter’s supply requirements for its contestable customers.

MANILA, Philippines — Citicore Renewable Energy Corp. (CREC), a listed clean power producer, is making sure its old solar panels find a new purpose: providing the brightest tables in schools.

MANILA, Philippines — A bill seeking to allow the President to impose a “price cap” on power rates during energy emergencies was filed in the Senate by Sen. Risa Hontiveros.

DAVAO CITY—A consumers group here said it was wary of President Marcos’ move to do away with the system loss charge from electric bills, saying government should be clear that it would not appear in some other charges in the bill.

Pangilinan-led PXP Energy Corp. (PXP) has expressed interest to be involved in native hydrogen exploration and needs capital to fund various service contracts.

FILIPINO families and businesses would be protected from unfair electricity charges and gain greater freedom to generate and store their own power under the proposed Systems Loss Charge Abolition Act, and the proposed Sariling Kuryente Act, filed by leaders of the House of Representatives in response to President Marcos’ State of the Nation Address.

MANILA, Philippines — Consumers may face higher renewable energy charges on their power bills as the National Transmission Corp. (TransCo) seeks to raise the feed-in tariff allowance (FIT-All) next year.

The Department of Energy has started preparations for selecting nuclear power plant sites in accordance with internationally accepted safety standards, the agency said over the weekend.