MANILA, Philippines — Ayala-led ACEN Corp. has further expanded its growing list of renewable energy-powered facilities, this time partnering with foam and mattress maker Uratex.
MANILA, Philippines — With the government playing a supporting role, Energy Secretary Raphael Lotilla is urging investors to take the wheel and drive the Philippines toward its energy transition goals.
The Department of Energy said over the weekend it issued the implementing rules and regulations (IRR) of the Philippine Natural Gas Industry Development Act to establish the framework for the development of the industry.
Stakeholders called for increased investments in the Philippines’ energy sector, saying it stands at a critical crossroads as it grapples with rising demand, aging infrastructure and a continued reliance on coal despite reforms such as the Electric Power Industry Reform Act (EPIRA) and the Renewable Energy (RE) Act.
State-run Philippine National Oil Co. (PNOC) is seeking a real estate consultant to conduct a multi-sector study for the redevelopment of its nearly three-hectare property in Bonifacio Global City (BGC), Taguig.
The Energy Regulatory Commission (ERC) approved 14 power supply agreements (PSAs) and issued 977 certificates of compliance (COCs) and provisional authorities to operate (PAOs) in the first quarter of 2025.
The National Electrification Administration (NEA) and the Department of Social Welfare and Development (DSWD) met on Friday to discuss the proposed Liwanag at Tubig Assistance Welfare (LITAW) program, which aims to ensure continuous electricity and water access for vulnerable households during disasters.
THE AVERAGE price of electricity at the Wholesale Electricity Spot Market (WESM) increased in March, as demand rose while supply decreased due to forced outages, the Independent Electricity Market Operator of the Philippines (IEMOP) said.
POWER distributor Manila Electric Co. (Meralco) said it activated a new substation in Sta. Rosa, Laguna, to meet the increasing power requirements of commercial, industrial, and residential hubs in the province.
Average system-wide electricity prices at the Wholesale Electricity Spot Market (WESM) surged to P5.34 per kilowatt-hour in March from P2.73 per kWh in February, following reduced supply and increased demand.