The Independent Electricity Market Operator of the Philippines, Inc. (IEMOP), operator of the Wholesale Electricity Spot Market (WESM), is asking provisional approval from the Energy Regulatory Commission to recover from consumers additional market fees of P1 billion for the IEMOP Electricity Market Management System (IEMMS).
Negros Electric and Power Corp. (Negros Power), the joint venture between Razon-owned Primelectric Holdings Inc. (PHI) and Central Negros Electric Cooperative, has completed the rehabilitation of two major infrastructure projects that are critical to the improvement of power distribution service in Central Negros.
The Philippines’ proposed $250-million Geothermal De-risking Facility, a partnership with the Asian Development Bank (ADB) and the Land Bank of the Philippines, has sparked investor interest in the country’s stagnant, high-risk geothermal industry.
Vantage Energy, the retail electricity supply affiliate of Manuel Pangilinan-led Manila Electric Company (Meralco), renewed its partnership with Bounty Plus Inc., ensuring continued power supply to the latter’s facilities across Luzon.
First Gen Corp. warned that the artificial intelligence (AI) revolution could put a strain on the Philippines’ power grid, as it would require more electricity amid a net zero transition.
Power retailer Manila Electric. Co. said it expects a “flattish” generation charge, with no significant movement in the June billing of its customers.
MANILA, Philippines — The $16-billion project designed to integrate power grids of ASEAN member states is set to take center stage next year as the Philippines assumes chairmanship of the regional bloc.
Energy is development. All countries and economies that have developed fast have abundant energy supply to power and sustain their household and industrial needs. Nuclear energy has been used by many industrialized countries since the 60s or earlier as part of their energy mix. In 1966 or six decades ago, these countries already have at…
Iloilo City’s distribution utility is quietly making a big difference at a time when rising electricity costs and environmental issues affect many communities.
MERALCO POWERGEN CORP. (MGen), the power generation subsidiary of Manila Electric Co. (Meralco), has entered into a partnership with Saudi Arabia-based energy developer ACWA Power to jointly explore solar power development opportunities in the Philippines and across Southeast Asia.