THE DEPARTMENT of Energy (DoE) has identified 12 qualified bidders, including units of First Gen Corp. and San Miguel Corp. (SMC), for the third round of the Green Energy Auction (GEA-3) to be held this year.

Gabriela Party-list Rep. Arlene Brosas is doubtful that Marcos government’s deal with privately-owned transmission company National Grid Corporation of the Philippines (NGCP) can address the fundamental issues plaguing the power sector.

Some senators on Tuesday, Jan. 28, have expressed support for Maharlika Investment Corporation’s (MIC) bid for a 20-percent stake in the National Grid Corporation of the Philippines (NGCP).

MANILA – The Maharlika Investment Corporation (MIC) on Tuesday expressed openness to invest in projects aimed at integrating nuclear energy into the country’s energy mix to lower power costs.

THE SENATE on Tuesday approved on second reading a bill that seeks to extend Manila Electric Co.’s (Meralco) franchise for another 25 years.

The Department of Energy (DOE) is encouraging investors to develop microgrid solutions to ensure reliable energy supply in underserved and unserved areas of the country.

The Energy Regulatory Commission (ERC) can require consumers to pay bill deposits as security for their electric bills, according to the Supreme Court (SC).

The government will require P100 billion to achieve 100-percent electrification nationwide, which can be offset by the anticipated additional economic contribution of P314 billion or 1.8 percent of the gross domestic product.

POWER distributor Manila Electric Co. (Meralco) has exceeded its target energy sales volume growth for 2024, driven by growth across all segments, a high-ranking official said.

LISTED Vivant Corp. said on Tuesday that the unit of its energy-related holding company Vivant Energy Corp. (VEC) has completed the transaction to divest from solar power provider Buskowitz Energy, Inc. (BEI)