Category Archives: News

ERC: WESM rates may go up by ₱4/kWh

SYSTEM-WIDE Wholesale Electricity Spot Market (WESM) average rates are likely to increase anywhere from P2...

MGEN says its fuel supply is sufficient despite Middle East tensions

Meralco PowerGen Corporation (MGEN) said it has enough fuel supply and operational readiness to ensure...

Prime Infra secures PHP 273 billion financing for 2-GW pumped storage projects

Prime Infrastructure Capital Inc. (Prime Infra) has secured PHP 273.47 billion in financing to support...

AboitizPower’s Davao Light begins Davao–Samal power interconnection with submarine cable

Aboitiz Power Corporation (AboitizPower), through its distribution utility Davao Light and Power Company (Davao Light),...

Ilocos Sur launches energy-saving, subsidy programs amid rising fuel costs

LEGAZPI CITY, Albay (PIA) — The provincial government of Ilocos Sur has rolled out energy...

ERC, groups weigh war risks, HOR clears excise tax halt bill

THE Energy Regulatory Commission (ERC) and the Philippine Independent Power Producers Association (PIPPA) discussed measures...

DOE eyes biofuel imports to temper expected fuel price hikes

The Department of Energy (DOE) has proposed allowing limited imports of biofuels to help lower...

DOE: No change in government royalty share in new Semirara contract

MANILA, Philippines — Amid speculation over higher royalty demands, the government will maintain its current...

DA exempts green energy, socialized housing from farmland conversion moratorium

The Department of Agriculture (DA) has exempted renewable energy and government socialized housing projects from...

SMPC profit falls 33% in 2025 amidst declining coal and electricity prices

Semirara Mining and Power Corporation (SMPC) reported a 33% drop in net income to PHP...