National Grid Corp. of the Philippines (NGCP) said Thursday its overall transmission rate declined 13.3 percent or P0.2335 per kilowatt-hour for the August billing period, on lower ancillary service charges.
Meralco is calling for electricity distribution to be treated as strategic national infrastructure, as the growing use of rooftop solar, battery storage, and electric vehicles changes how power is generated, delivered, and consumed.
MANILA, Philippines — Transmission upgrades alone will not end the recurring power shortages in the Visayas, as enough dependable generation capacity is also needed to keep up with rising electricity demand.
ILOILO CITY—The Department of Energy (DOE) is eyeing the linkage of the Luzon grid to Panay Island, which has been the worst-hit in the ongoing Visayas power crisis.
MANILA, Philippines — West Zone concessionaire Maynilad Water Service Inc. (Maynilad) has completed its Renewable Energy Transition Plan, setting out a long-term roadmap to increase the share of renewable energy in the company’s total electricity consumption to 35 percent by 2037 under its Climate Neutrality Plan.
LNGPH, a consortium of Meralco PowerGen Corp. (MGEN), Aboitiz Power Corp. (AboitizPower), and San Miguel Global Power Holdings Corp. (SMGP), is studying whether to participate in the government’s planned mid-merit natural gas auction.
THE Energy Regulatory Commission (ERC) has welcomed the decision of the Bureau of Internal Revenue (BIR) to remove the 12-percent value-added tax (VAT) from the allowable system loss charge within the cap approved by the regulators.
THE Philippine economy could emerge as one of Southeast Asia’s fastest-growing economies over the next decade, but its growth potential could be held back by heavy dependence on imported energy and weak policy implementation, according to global consultancy Bain & Company.
MANILA – The Department of Energy (DOE) has backed a regulatory shift to impose regional electricity price caps, a move expected to shield Visayas and Mindanao consumers from massive bill spikes caused by severe power plant outages.
The Philippine Rural Electric Cooperatives Association (PHILRECA) has supported calls to amend the Electric Power Industry Reform Act of 2001 to allow the government or the National Power Corp. to participate in ancillary services when necessary.