The Department of Energy (DOE) on Tuesday said it is stepping up efforts to hold power generation companies (gencos) accountable for unscheduled plant outages that can lead to power supply shortages and strain the grid.
MANILA – The Energy Department on Tuesday underscored the need to strengthen governance in the energy sector, and among the focus areas is on the erring power producers to ensure adequate and affordable supply for consumers.
ILOILO CITY (PIA) — The Department of Energy (DOE) is drafting a Panay Energy Master Plan to strengthen the island’s long-term energy security and ensure a stable electricity supply that can support economic growth, investments, and the increasing power needs of communities.
The Philippines’ installed power capacity will grow to 121.3 gigawatts by 2040, a 277-percent increase over 14 years from 32.2 GW in 2026, the Department of Energy (DOE) said. Reaching that target will require substantial new investment, including more than 24 GW of new ground-mounted solar, 20 GW of new gas and nearly 10 GW…
For most of the last 25 years, the Filipino electricity consumer had no choice. Power arrived, a bill followed, and where that power came from was decided by someone else. That arrangement is now changing, and it is where much of the next stage of energy reform will be worked out.
ACEN Corp., the listed energy platform of the Ayala Group, said its net income surged by 411 percent year-on-year to P3.9 billion in the first half, driven by a 21-percent rise in renewable energy (RE) generation to 4,024 gigawatt hours (GWh).
Up to USD 50 million in new financing will support the development of renewable energy projects in Southeast Asia, including wind and hydropower assets in the Philippines.
MANILA, Philippines — The Yuchengco Group has taken full ownership of PetroWind Energy Inc. (PWEI) after completing its P1.9-billion acquisition of the 40-percent stake held by Thailand’s BCPG Public Co. Ltd.
The Department of Energy (DOE) has issued Department Circular No. DC2026-08-0017, introducing a streamlined policy framework to make the installation and operation of small-scale, own-use solar power systems easier for consumers. The policy, officially titled the “Streamlined SGF ZESS and MSS Policy,” aims to support the Philippines’ renewable energy targets of achieving 35% renewable energy…
System operator National Grid Corp. of the Philippines placed the Visayas and Mindanao grids on red alert for several hours Monday due to surging demand and limited power imports.