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News

Meralco eyes ₱50B for upgrades

Posted on December 17, 2024December 17, 2024 by LM Staff

THE Manila Electric Co. (Meralco) may earmark as much as P70 billion to improve its distribution network and roll out smart meters, among others, over the next five years.

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Saudi Aramco stages major comeback in Philippine energy sector: Unioil in sight?

Posted on December 17, 2024 by LM Staff

After divesting its stake in Petron Corporation in 2008, trillion-dollar energy giant Saudi Aramco is reportedly plotting a re-entry into the Philippine energy sector.

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News

Still struggling as always

Posted on December 17, 2024 by LM Staff

One major reason why foreign investors avoid putting up manufacturing plants here is our iffy power situation. We are notorious for red and yellow alerts in our power grids because the margin between demand and supply is exceedingly thin.

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Baguio City, Benguet see power rate increase this December

Posted on December 17, 2024 by LM Staff

BAGUIO CITY — Power rates in Baguio City and Benguet province have been increased this December, following adjustments announced by the local power distributor.

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Fuel prices going up this week

Posted on December 17, 2024 by LM Staff

MANILA, Philippines — Motorists should brace for fuel price hikes of as much as P0.80 per liter today, with gasoline going up for the fourth straight week.

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DOE to slash offshore wind performance bond to 5%

Posted on December 16, 2024 by LM Staff

The Department of Energy (DOE) is firming up a policy that will reduce the performance bond requirement for offshore wind projects to a leaner five percent, a departure from the typical 20 percent required in green energy auctions (GEA) for other renewable energy (RE) technologies.

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DOE to hold auction for offshore wind projects in Q3 next year

Posted on December 16, 2024 by LM Staff

The Department of Energy (DOE) said Thursday it will hold the 5th Round of the Green Energy Auction Program (GEA-5), exclusively dedicated to offshore wind projects, in the third quarter of 2025.

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Meralco franchise renewal bill up for Senate plenary debate

Posted on December 16, 2024 by LM Staff

A SENATE BILL that seeks to extend Manila Electric Co.’s (Meralco) franchise for another 25 years is now up for debate in the plenary.

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PetroWind to complete expansion of Aklan project in 2025

Posted on December 16, 2024 by LM Staff

NABAS, AKLAN—PetroWind Energy Inc. (PWEI) expects to fully its 13.2-megawatt Nabas phase-2 expansion in this province next year.

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Weak consumer confidence slows solar adoption — study

Posted on December 16, 2024 by LM Staff

MANY households are interested in adopting rooftop solar power systems, but concerns about provider trustworthiness and high costs hinder their adoption, according to a study from Ateneo de Manila University.

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Lachica Madanlo is a law firm engaged in the practice of law with specialized expertise in the Philippine electric power industry and its regulation.

LM Law’s distinct expertise is founded on its unique experience in representing clients from all sectors of the power industry—generation, transmission, distribution, and supply.

Contact Us
2304-B, West Tower, Tektite Towers
Exchange Road, Ortigas Centre
Pasig City, Philippines
t: (632) 8654 9370
e: contact@lmlaw.ph
Recent News
  • 15
    Apr
    DOE chief assures public of sufficient energy supply
  • 15
    Apr
    DOE looking at more Russian oil; price rollback unsure
  • 15
    Apr
    ABRECO alerts consumers of power rate hike amid Mideast tension
  • 15
    Apr
    Aboitiz Renewables Reaffirms Push For Diversified, Low-Cost Clean Energy As Middle East Tensions Trigger National Energy Emergency In The Philippines

Subscribe to our daily news digest and be updated with the latest important developments in the Philippine electric power industry.

Email us at news@lmlaw.ph

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