THE Department of Energy (DoE) said it endorsed six new and existing power projects with a combined capacity of 440 megawatts (MW) to the Energy Regulatory Commission (ERC) in November.

MANILA — Meralco and the Department of Energy are going ahead with plans to introduce nuclear power into the country’s energy mix.

The Department of Energy endorsed to the National Grid Corp. of the Philippines seven power projects for system impact study (SIS) in November.

Renewable power producers Alternergy Holdings Corp. (ALTER) said Thursday it remitted to state-run pension fund Government Service Insurance System (GSIS) P117.93 million representing the latter’s dividend as a perpetual preferred shareholder.

THE ENERGY REGULATORY Commission (ERC) has denied the request for provisional authority by Manila Electric Co. (Meralco) and San Miguel Corp.’s Masinloc Power Co. Ltd. (MPCL) for their 500-megawatt (MW) power supply agreement (PSA).

A consumer rights advocate called on the Senate to amend key provisions in the proposed measure to renew the Manila Electric Co. (Meralco) franchise, aiming to protect consumers from further power rate hikes.

The key players in the country’s gas-to-power industry are exploring interconnecting their pipeline facilities to share liquefied natural gas (LNG) imports, a lifeline designed to neutralize potential fuel supply disruptions and ensure steady electricity generation from gas-fed plants.

The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) declined in the first two weeks of December 2024 on lower demand and cooler temperature.

The Independent Electricity Market Operator of the Philippines (IEMOP) expressed optimism about the country’s power situation in 2025, stating that the chances of power outages are low.

THE Energy Regulatory Commission (ERC) said it will order private distribution utilities (PDUs) to refund unspent fees collected during the regulatory rate reset process totaling P1.18 billion.