The average price of power on the Wholesale Electricity Spot Market (WESM) declined 33.8 percent to P3.04 per kilowatt hour (kWh) in September, the lowest in the last seven months, from P4.59 per kWh the previous month, the Independent Electricity Market Operator of the Philippines (IEMOP) said Monday.

ROBINSONS LAND CORP. (RLC) aims to increase the share of renewable energy (RE) in its total power consumption to as much as 30% by 2030 as part of a broader push to integrate sustainability measures across its developments.

MANILA, Philippines — Electricity prices in the country’s spot market fell to a seven-month low in September, driven by higher supply margins, with the Luzon rate dipping below P3 per kilowatt-hour (kWh).

RASLAG Corp. on Monday awarded Greencity Energy Philippines Inc. the contract to serve as owner’s engineer for its subsidiary RASLAG Liwayway Inc.’s 100-megawatt (MW) solar power project, which includes a battery energy storage system (BESS).

The Department of Energy will exempt the first commercially developed and operated nuclear power plant (NPP) in the Philippines from the competitive selection process (CSP) or bidding, releasing a comprehensive framework for integrating nuclear energy into the country’s power generation mix.

THE DEPARTMENT OF ENERGY (DoE) has cleared Manila Electric Co. (Meralco) to proceed with the bidding for 200 megawatts (MW) of renewable baseload power.

STATE-RUN National Power Corp. (Napocor) is seeking to reduce its dependence on diesel as fuel for generation facilities that supply electricity to off-grid areas under its new leadership.

The Energy Regulatory Commission (ERC) has ordered the resumption of operations of the Wholesale Electricity Spot Market (WESM) in the Bohol and Leyte-Samar sub-grids effective Oct. 2, 2025.

The Energy Regulatory Commission (ERC) has approved the P1 billion dedicated point-to-point limited transmission facilities to connect the San Isidro Wind Power Project (SIWPP) in northern Samar to the Visayas Grid.

Richard Nethercott, the former president and chief executive of the Independent Electricity Market Operator of the Philippines (IEMOP), has joined billionaire Enrique Razon Jr.’s Primelectric Holdings Inc. as chief operations officer (COO) for the group.