Source: Energy Regulatory Commission (ERC) The Energy Regulatory Commission (ERC) has dropped its preliminary verdict on reserve prices that will prospectively guide investors on forward decision whether or not to inject capital in the next wave of renewable energy (RE) capacities to be offered in...
Manila Electric Co. (Meralco) has partnered with state-owned French electric utility firm Electricité de France SA (EDF) to explore the viability of nuclear energy in the Philippines. In a statement, Meralco said that it has entered into a two-year memorandum of cooperation (MOC) with EDF that...
Stakeholders from various sectors believe that harnessing the power of the blue economy could help the Philippines meet its increasing energy needs amid overreliance on imported fuels that make electricity expensive. Blue economy (Grok AI) This developed as various stakeholders and resource persons...
Citicore Renewable Energy Corp.’s (CREC) solar unit in Pangasinan is seeking the approval of the Energy Regulatory Commission (ERC) to develop facilities linking its solar project to the Luzon grid. In an application filing posted on the ERC website, Citicore Solar Pangasinan Inc. (CSPI) has...
The Securities and Exchange Commission (SEC) and the Energy Regulatory Commission (ERC) are simplifying the process of raising capital through the capital market by power generation and distribution companies to support their growth and expansion. The SEC and ERC formally launched the Securing and...
Citicore Renewable Energy Corporation (CREC) reported an 11 percent jump in its net income for 2024, fueled by strong electricity sales. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, April 8, CREC said its net income climbed to ₱1 billion in January to December last year, up...
Following the first-quarter 2025 launch of retail aggregation switches, the Energy Regulatory Commission (ERC) announced a partnership between both Ayala-led ACEN Corp. and Bank of the Philippine Islands (BPI) for the latter to switch its facilities to the retail aggregation program (RAP). This...
Nickel Asia Corp. (NAC) announced that its renewable energy (RE) unit has partnered with retail energy supplier (RES) Mabuhay Energy Corp. (MECO) to supply clean energy. In a statement, NAC’s Emerging Power Inc. (EPI) said that, along with its subsidiaries Jobin SQM Inc. (JSI) and Northern...
NexGen Energy Corp. announced that its subsidiary, Airstream Renewables Corp. (ARC), has secured green lane status for its four wind farm projects. In a disclosure to the Philippine Stock Exchange on Monday, April 7, NexGen Energy said ARC’s wind projects, which are located in Quezon province,...
ILOILO CITY – The Department of Environment and Natural Resources said the waste-to-energy (WtE) project here is a comprehensive solution to waste management. DENR Secretary Maria Antonia Loyzaga (center), with MPIC Chief Finance Officer June Cheryl Cabal-Revilla, Iloilo City Mayor Jerry...
For years, Malampaya has been like a reality show where nobody knows if there's still gas left—just a lot of suspense and expert "guesses." But this year, the season finale may finally drop—and it's interesting to see if we'd struck energy gold or we're up for a frustrating plot...
To encourage more investments, exploration, and support for the role of natural gas in the country’s energy mix, the Department of Energy (DOE) has issued the rules and regulations (IRR) of the Philippine Natural Gas Industry Development Act. Under the IRR, the government shall establish,...
