Average residential electricity rates rose by 9% in June despite lower transmission charges and regulatory relief measures, bringing household power prices closer to levels seen during the 2022 to 2023 global energy crisis, according to the Institute for Climate and Sustainable Cities (ICSC).

First Gen Corporation’s geothermal arm, Energy Development Corporation (EDC), is moving forward with plans to expand its Bacon-Manito Geothermal Project (BMGP) in Bicol by integrating the proposed Botong-Rangas Geothermal Project (BRGP), which could add up to 30 megawatts (MW) of new geothermal generating capacity in Luzon.

Japanese trading house Sumitomo Corp. is looking to expand its investments in the Philippines through railway and energy infrastructure projects, citing opportunities in the country’s transport modernization program.

The Department of Energy (DOE) is ramping up efforts to prepare the country’s electricity distribution utilities (DUs) for the eventual integration of nuclear power, highlighting the sector’s critical role in delivering future nuclear-generated electricity to consumers.

Energy Secretary Sharon Garin said Monday she is considering sanctions against power generators that failed to respond to show-cause orders issued by the Department of Energy (DOE).

The Department of Energy (DOE) said the Visayas Grid has exited Yellow Alert status following the return to service of Panay Energy Development Corporation (PEDC) Unit 3, which restored 150 megawatts (MW) of generating capacity and ended nearly two months of recurring supply warnings that began in May.

THE Department of Energy (DOE) announced mixed fuel price adjustments for the week, with gasoline prices possibly going down while diesel and kerosene prices may go up.

ACEN Corp.’s subsidiary is letting go of its stake in an Indian wind farm to Diamond India Renewables One B.V. (DIRO).

The Department of Trade and Industry (DTI) has begun discussions with Canadian engineering and nuclear technology firm AtkinsRéalis on possible cooperation in civil nuclear energy, as the Philippines continues to evaluate options for its long-term energy mix.

FIRST GEN CORP. has secured authorization from the National Irrigation Administration (NIA) to develop its planned 120-megawatt (MW) Aya Pumped Storage Project in Pantabangan, Nueva Ecija, clearing a key regulatory hurdle for the project.