The Department of Energy plans to launch a dedicated renewable energy auction for off-grid island communities to replace costly diesel generation and reduce electricity subsidies paid by consumers nationwide, officials said.
The Energy Regulatory Commission (ERC) is intent on crafting rules on the gas price benchmark for mid-merit natural gas auction.
TAGBILARAN CITY, Bohol — The National Grid Corporation of the Philippines (NGCP) underscored the need for greater investment in reliable baseload power generation and stronger support from local government units (LGUs) as the Visayas faces rising electricity demand and limited local generating capacity.
MANILA, Philippines — The growing data center sector in the Philippines may further strain Filipinos’ electricity supply if the government fails to implement policies to arrest potential price shocks, according to the Philippine Energy Efficiency Alliance (PE2).
ROXAS CITY, Capiz (PIA) — The Capiz Electric Cooperative (CAPELCO) supports the plan of President Ferdinand Marcos Jr. to immediately amend the Electric Power Industry Reform Act (EPIRA) and the possible removal of system loss charges and their value-added tax (VAT) being passed on to electricity consumers.
End-user electricity rates in the Philippines stand among the highest in the Association of Southeast Asian Nations (ASEAN) and the broader region, creating a persistent structural disadvantage for domestic businesses while placing a heavy burden on household welfare, according to the World Bank’s latest Philippine Economic Update.
Amid the continued grid alerts in the region, consumers in Visayas may see lower power bills this month following a decline in wholesale spot market prices, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
The Department of Energy (DOE) has simplified the process for installing rooftop solar systems used solely for a home or business’s own electricity needs, removing several regulatory requirements and limiting distribution utilities (DUs) from imposing additional pre-installation approvals.
ELECTRICITY PRICES on the spot market fell in July as demand softened against ample supply, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
MANILA, Philippines — Lawmakers on Wednesday pushed for a measured review of the country’s system loss policy, saying amendments to the Electric Power Industry Reform Act of 2001 (Epira) should cut consumers’ costs without compromising power reliability.