Among the unintentional results of the ongoing tariff war between the US and China plus other countries is low global energy prices. World oil, gas and coal prices have been declining since late 2024 but prices further dipped this week.

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) said it disbursed P1.5 billion to six renewable energy developers in fulfillment of its mandate under the universal charge administration.

First Gen Corp. said Tuesday it received one liquefied natural gas (LNG) cargo from QatarEnergy LNG.

CITICORE Renewable Energy Corp. (CREC) reported a 10.8% increase in attributable net income for 2024, reaching P618.3 million, driven primarily by a 42% rise in electricity sales.

Power retailer Manila Electric Co. (Meralco) warned of possible higher generation and transmission charges that would translate into an increase in consumers’ electricity bills in April this year.

The Securities and Exchange Commission (SEC) and the Energy Regulatory Commission (ERC) are simplifying the process of raising capital through the capital market by power generation and distribution companies to support their growth and expansion.

Nippon Sanso Ingasco Group (NSIG), a subsidiary of Japanese multinational industrial gas manufacturer Nippon Sanso Holdings Group, tapped First Gen Corp. to power NSIG’s manufacturing facility in Mindanao with 100-percent renewable energy (RE).

MANILA, Philippines — Three government agencies have the authority to determine how the fixed tariff system for renewable energy is implemented under the Renewable Energy Act of 2008, the Supreme Court said.

Alternergy Holdings Corp. said Tuesday its unit Alabat Wind Power Corp. (AWPC) took delivery this week of the first units of the largest wind turbines to be installed in the Philippines.

THE BANK of the Philippine Islands (BPI) has tapped ACEN RES, the retail electricity supply arm of the Ayala group, for its power supply under the government’s expanded retail aggregation program (RAP).