Manila Electric Co. (Meralco) reported a 3.8-percent increase in first-half consolidated core net income to P26.5 billion from P25.5 billion a year ago even as company chairman Manuel Pangilinan warned that removing system loss charges without a clear funding mechanism could trigger financial losses across the power sector.

The Department of Energy (DOE) has set an indicative timetable to resume the country’s fifth Green Energy Auction (GEA-5) for offshore wind, with the auction proper tentatively scheduled for Dec. 1, 2026, following a months-long recalibration of the program.

Aboitiz Power Corp. (AboitizPower) said its first-half net income rose 45% to PHP 18.4 billion, driven by stronger electricity prices, higher contracted generation, and additional output from newly acquired and newly commissioned power assets despite lower coal plant availability.

Bataan and two other areas are being eyed for the country’s prospective nuclear power plant, the Department of Energy (DOE) said on Wednesday just days after President Ferdinand “Bongbong” Marcos Jr. said it was time to “revisit” nuclear energy as a power source.

PetroGreen Energy Corp. and ACEN Corp. are advancing plans to unlock additional geothermal resources after their joint venture, Maibarara Geothermal, Inc. (MGI), awarded a drilling contract for an exploration campaign that could support the development of a new geothermal power facility in Batangas and Laguna.

The Philippines’ push for energy independence will require faster development of renewable energy sources, with wind power expected to become a key part of the country’s future energy mix, the Global Wind Energy Council (GWEC) said.

MANILA Electric Co. (Meralco) posted a 3.8% increase in its consolidated core net income (CCNI) for the first half, driven by stronger contributions from its power generation and retail electricity supply businesses.

The Department of Energy (DOE) on Tuesday officially opened the Philippines’ first Energy Museum, with President Ferdinand Marcos Jr. leading the inauguration of the facility as part of efforts to strengthen public understanding of the country’s energy sector.

The Department of Energy (DOE) has released the recalibration plan to resume the green energy auction (GEA) for offshore wind (OSW), targeting the official auction on December 1.

THE Department of Energy (DOE), Energy Regulatory Commission (ERC), and the National Electrification Administration (NEA) are meeting soon to align strategies on implementing the directive of President Ferdinand Marcos Jr. to scrap the system loss charge and its corresponding value added tax (VAT) as soon as possible.