The Department of Energy said it would need around P60 billion to de-risk the country’s entire remaining geothermal potential of 2,000 megawatts, far exceeding the P10.07 billion already approved for a facility that covers only 300 MW of new projects.
TERRA Solar Phase 1 has started commercial operations for its 600 megawatt alternating current (MWac) mid-merit capacity under a power supply agreement (PSA) with the Manila Electric Co. (Meralco).
The Department of Energy aims to end the red and yellow power alerts in the Visayas grid before Christmas, betting on the arrival of battery energy storage system (BESS) projects and power barges this month, Energy Secretary Sharon Garin said.
MANDAUE CITY—MGEN, the power generation arm of the Meralco Group, said it is prioritizing reliability investments, battery storage, and a diversified generation portfolio as rising electricity demand and forced outages continue to put pressure on the Visayas power system.
THE government should fast-track administrative measures for the realization of a Philippine Oil Reserve, the chairman of the Senate Energy committee said on Thursday.
COREnergy, the retail electricity arm of Vivant Energy, will supply power to 23 more McDonald’s restaurants across the Visayas and Mindanao, expanding its partnership with the fast-food chain as it looks to manage operating costs while keeping prices affordable for customers.
The Energy Regulatory Commission (ERC) on Wednesday defended its handling of electricity billing charges after a consumer advocacy group filed a complaint before the Office of the Ombudsman.
The Bureau of Internal Revenue (BIR) is preparing a regulatory framework to eliminate value-added tax (VAT) on allowable system loss charges on electricity bills, moving to align tax policy with executive orders aimed at reducing consumer energy costs.
MANILA, Philippines — The rehabilitation work for the aging Agus-Pulangi hydropower complex in Mindanao, which has attracted at least four bids, will begin in late 2027, according to a government executive.
THE Department of Agriculture (DA) and Department of Energy (DOE) are seeking alternative feedstock to expand domestic ethanol output as part of government efforts to slash reliance on imported fossil fuels.