THE Department of Energy (DoE) has suspended the country’s first offshore wind auction until further notice, citing logistical constraints, infrastructure readiness, and global supply chain risks, including those arising from the conflict in the Middle East.

The Energy Regulatory Commission (ERC) has drafted new rules to reduce the Universal Charge for Missionary Electrification (UC-ME) paid by consumers nationwide.

The Energy Regulatory Commission said Thursday that it recorded 8,689 power plant outages from January to June, the bulk of which were unplanned.

MANILA – An official of the Independent Electricity Market Operator of the Philippines (IEMOP) on Thursday expressed hope for the stabilization of the power supply, especially in the Visayas, noting that changes in capacities have affected prices.

The Energy Regulatory Commission (ERC) on Thursday said it expects to make a formal decision on Meralco’s application to raise its average distribution charge by the end of August or in September, after completing inspections of the utility’s assets.

The Economic Development Group (EDC) has approved a P10.07-billion Philippine Geothermal Resource Derisking Facility (PGRDF), a move the Department of Energy (DOE) says will help the country reclaim its position as one of the world’s leading geothermal producers.

Basic Energy Corp. plans to spend close to P1 billion in the second half of 2026 mostly to fund its equity participation in the 54.26-megawatt Cadiz 1 solar project in Negros Occidental, while the remainder will go toward pre-development work, including the 49.99-megawatt Mabini wind project in Batangas.

ALTERNERGY HOLDINGS CORP. said its subsidiary Alternergy Tanay Wind Corp. has energized the transmission facilities of its 128-megawatt (MW) Tanay Wind Project, moving the project closer to commercial operations.

TOPLINE EQUITY CORP. said its subsidiary Topline Offshore Inc. has formed a joint venture with Singapore-based Aesen Pte. Ltd. to provide integrated maritime services for offshore energy and marine infrastructure projects in the Philippines.

The Department of Energy (DOE) has indefinitely suspended all activities for the fifth round of the Green Energy Auction Program (GEA-5) to recalibrate its implementation.