MANILA, Philippines — Despite its energy transition efforts, the Philippines is projected to remain one of Southeast Asia’s largest coal consumers through 2030, according to the International Energy Agency. one of Southeast Asia’s largest coal consumers through 2030, according to the International Energy Agency.
MANILA – The bid to ensure the availability of clean and sustainable power gained traction this year as the Department of Energy (DOE) pursued programs that encourage more investments into renewable energy (RE).
THE Department of Energy (DoE) said it formalized a new competitive selection framework for the awarding of renewable energy service contracts (RESCs).
ACEN Corp. said Monday it achieved 100-percent renewable energy generation across its portfolio earlier this year, completing a strategic transition from fossil fuels.
Meralco PowerGen Corp. is spending an initial P1 billion this year for the construction of its 73-megawatt Toledo coal plant in Cebu.
Lopez-led Energy Development Corp. is launching a P30 billion multiyear program dubbed “Reimagining Leyte” to generate up to 700 megawatts of capacity from its geothermal power plants by 2029.
MANILA, Philippines — The Department of Energy (DOE) is intensifying its oversight of 200 power generation projects to ensure timely completion and enhance energy security.
The Asia-Pacific Economic Cooperation (APEC) expects Philippine electricity demand to rise sharply over the next 35 years, driven by the growing adoption of electric vehicles (EVs) and renewable energy (RE).
The Department of Energy said it endorsed 24 power generation projects to the National Grid Corp. of the Philippines for system impact studies in October.
Power retailer Manila Electric Co. is maintaining its full-year 2025 electricity sales volume forecast of flat growth.