Category Archives: News
Mitsubishi reinforces ACEN’s coal phaseout
MANILA, Philippines — Ayala-led ACEN Corp. has ramped up its push to retire a coal...
DOE encourages more geothermal exploration following PGPC’s move
Following the Philippine Geothermal Production Company, Inc.’s (PGPC) recent exploration in Albay, the Department of...
IEMOP sees ‘stable’ power supply, spot market prices
THE operator of the Wholesale Electricity Spot Market (WESM) expects “stable” power supply and spot...
Meralco rates seen lower this month
MANILA, Philippines — Relief may be in sight for Manila Electric Co. (Meralco)’s eight million...
DOE, energy sector vow uninterrupted power on election day
MANILA – The Energy Task Force on Election (ETFE), led by the Department of Energy...
First Gen earnings rise in Q1 on leaner operating costs
LOPEZ-LED First Gen Corp. reported a 4.4% increase in attributable net income to $82.3 million...
Gov’t, Mitsubishi break ground for subway power supply substation
MANILA — Government officials and the Mitsubishi Corporation have broken ground for a power substation...
Electricity spot market prices down significantly in April
The Independent Electricity Market Operator of the Philippines (IEMOP) reported a 15 percent decline in...
As coal power remains dominant, Semirara Mining renews interest in Saint Raphael project
Looking ahead to this year’s goal of boosting its performance in the energy sector, Consunji-led...
DOE orders clearing of power infrastructure for 2025 polls
MANILA – A week before the 2025 elections, the Department of Energy (DOE) ordered the...