THE SENATE approved on third and final reading on Monday a bill seeking to develop the indigenous natural gas industry, which the government views as transition fuel en route to broader adoption of renewable energy.
The Department of Energy (DOE), along with energy stakeholders from the Philippines, welcomed key figures from Norway to collaborate, share expertise, and discuss solutions for energy transition, including liquefied natural gas (LNG), decarbonization efforts, and energy security.
The Maharlika Investment Corporation (MIC) has yet to provide concrete plans for its supposed investments in the country’s energy sector.
TACLOBAN CITY – A PHP500-million 3.18-megawatt (MW) hydroelectric power plant will rise in Happy Valley village in San Isidro, Northern Samar, expanding alternative energy sources in the province.
Indonesia’s state-owned PT Pertamina (Presser) expressed strong interest in participating in the Philippine liquefied natural gas (LNG) industry supply chain.
Aboitiz Power Corp. said over the weekend solar rooftops can unlock 13 gigawatts of renewable energy, but restrictions to its wider adoption should be addressed.
First Gen Corp. said Monday its recurring net income attributable to the parent company declined 17.4 percent in the first nine months of 2024 to $205.5 million from $248.8 million in the same period last year on lower contribution from its geothermal, wind and solar (GWS) platforms.
The Manila Electric Company (Meralco) said it is prepared to address potential power disruptions caused by Typhoon Nika and has mobilized its workforce to ensure prompt customer support.
CEBU CITY – The National Grid Corporation of the Philippines (NGCP) has warned consumers of power outages in some parts of Cebu province from Nov. 25 to Dec. 1 due to maintenance activities.
The Energy Regulatory Commission (ERC) approved a draft final determination indicating a total maximum allowable revenue of P310 billion to transmission operator National Grid Corp. of the Philippines (NGCP) for 2016 to 2022, lower than its P552-billion application.