CUSTOMERS of Manila Electric Co. (Meralco) may soon get some relief from high electricity prices as the Energy Regulatory Commission (ERC) approved the implementation of a P9.5-billion refund.
STATE-RUN National Transmission Corp. (TransCo) is seeking approval from the Energy Regulatory Commission (ERC) to increase the feed-in tariff allowance (FIT-All) charged to electricity consumers next year to continue supporting renewable energy (RE) producers.
Two energy industry associations have thrown their support behind a Senate bill that would remove the requirement for power generation companies to conduct an initial public offering, according to position papers submitted during a Senate hearing on amendments to the Electric Power Industry Reform Act (EPIRA) of 2001.
PXP Energy Corp. is seeking farm-in agreements with Chinese firms to develop petroleum service contracts outside disputed maritime areas as the company pushes for energy independence amid tensions in the Middle East, a top executive said.
An energy advocacy group on Thursday questioned Manila Electric Company’s (Meralco) refusal to shoulder system loss charges following President Ferdinand Marcos Jr.’s directive to the Department of Energy (DOE) to scrap such charges in the consumers’ electric bills.
The Department of Energy (DOE) has prepared a human rights-based, multi-criteria decision analysis approach to help the government address energy issues in the country.
The National Electrification Administration (NEA) may provide loans to help electric cooperatives upgrade their facilities and reduce system losses, a Department of Energy (DOE) official said Wednesday, following President Ferdinand Marcos Jr.’s call to remove system loss charges from consumers’ electric bills.
THE Energy Regulatory Commission (ERC) has authorized Manila Electric Co. (Meralco) to continue sourcing power from the 1,200-megawatt (MW) Sta. Rita gas-fired power plant in Batangas for another six months, with projected consumer savings of P4.2 billion from the use of Malampaya gas and other rate-reduction measures.
Prime Energy has signed an interim natural gas supply agreement with South Premiere Power Corp. (SPPC) to supply indigenous Malampaya gas to the 1,200-megawatt Ilijan Power Plant, a move expected to lower generation costs and help reduce electricity rates beginning September.
ALTERNERGY Holdings Corp. has started delivering electricity from its 128-megawatt (MW) Tanay wind farm to the Luzon grid, becoming the first project awarded under the second Green Energy Auction (GEA-2) in 2023 to supply power to the grid.