Category Archives: News

No WESM price spikes seen through 2025

MANILA, Philippines — Electricity rates in the country’s spot market are likely to remain stable...

IEMOP: Energy grid to add 14 new power plants by year-end

The Independent Electricity Market Operator of the Philippines (IEMOP) announced that several new power plants,...

AboitizPower to intensify RE drive with GEA-4 bid

Aboitiz Power Corporation has announced its interest in participating in the Department of Energy’s (DOE)...

No mandatory nuclear contracts for distribution utilities, says DOE

The Department of Energy (DOE) said Friday a draft department circular (DC) on the integration...

Over ₱36-billion government windfall as Aboitiz beats FGen to take over CBK hydropower plants

The consortium led by the Aboitiz conglomerate emerged victorious on Friday, July 4, as it...

SG’s Engtek expands deal with First Gen

SINGAPORE-based Engtek Group’s (Engtek) production facility in Laguna is now fully-powered by renewable energy (RE)...

DOE pushes for more public-private tie-ups on renewable energy

MANILA – An official of the Department of Energy (DOE) on Wednesday cited the need...

Power rates in spot market declined in June on lower demand, says IEMOP

The average system-wide power rates in the Philippines’ spot market declined 3.9 percent in June...

AboitizPower pursuing more solar projects nationwide

PANGASINAN, Philippines — Aboitiz Power Corp. is putting solar power at the “forefront” of its...

Meralco sees recovery in energy sales volume by second half

POWER distributor Manila Electric Co. (Meralco) expects a recovery in energy sales volume by the...