Manila Electric Company (Meralco) has energized its new Bustos Substation in Bulacan, adding capacity to its distribution network as electricity demand continues to grow in the province.
First Gen Corp. confirmed Wednesday that global investment firm KKR has submitted a preliminary proposal to First Philippine Holdings Corp. to acquire an 8.43 percent stake in the Lopez-led power company.
Itinutulak ni Pangulong Ferdinand R. Marcos Jr. nitong Martes ang pagpapatupad ng waste-to-energy program bilang hakbang upang matugunan ang lumalaking problema sa basura at makapagbigay ng karagdagang suplay ng kuryente.
The Energy Regulatory Commission (ERC) has proposed a draft resolution to remove the 12-percent value-added tax (VAT) on system loss charges, aiming to lower electricity bills for consumers.
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).