Senator Sherwin Gatchalian on Sunday, March 30 called on the Department of Energy (DOE) to ensure that the maintenance of natural gas plants is on track and a scheduled shutdown of such plants is not extended. Sen. Sherwin Gatchalian (MB File Photo) Gatchalian made the appeal, after...
An offshore wind farm The Philippines must put its best foot forward in the renewal energy (RE) arena--where it has been listed as second most attractive destination for investors--in order to entice additional foreign support, Camarines Sur...
These three women are lighting the way for a new era of energy leadership. Energy Undersecretary Rowena Cristina L. Guevara (center), Citicore Renewable Energy Corp (CREC) Chief Investor Relations Officer Abigail Joan R. Cosico (right), and ACEN Corp. Senior Vice President Irene S. Maranan (left)...
To minimize the risk of potential power outages, the Department of Energy (DOE) urged consumers in Luzon to practice energy conservation as two natural gas power generation facilities are set to shut down from March 29 to March 31. In a statement on Friday, March 28, the DOE reported that the...
The Energy Regulatory Commission (ERC) and the Securities and Exchange Commission (SEC) launched a program designed to encourage power sector players to go public and comply with the Electric Power Industry Reform Act of 2001 (EPIRA). On Thursday, March 27, the ERC and SEC jointly launched SEC...
Basic Energy Corporation (BEC) announced that its Cadiz 1 solar project in Negros Occidental has secured a certificate of authority (COA) from the Department of Energy (DOE). In a disclosure to the Philippine Stock Exchange on Wednesday, March 26, BEC stated that the COA allows it to obtain the...
SN Aboitiz Power (SNAP), the Aboitiz group's renewable energy (RE) provider, has begun construction of Benguet's first battery energy storage system (BESS) facility. In a statement on Tuesday, March 25, SNAP announced the groundbreaking of the 40-megawatt (MW) Binga BESS project, located at the...
CREIT President and CEO Oliver Y. Tan Citicore Energy REIT Corporation (CREIT) declared dividends amounting to ₱360 million for the fourth quarter of 2024, bringing its total dividends last year to ₱1.32 billion. In a disclosure to the Philippine Stock Exchange, the firm said its latest...
The Energy Regulatory Commission (ERC) has greenlighted additional capacity to the power supply agreement (PSA) between Manila Electric Co. (Meralco), led by Manuel V. Pangilinan, and San Miguel Corp. (SMC)-led South Premiere Power Corp. (SPPC). In a notice, the ERC said Meralco was granted...
Could this be a case of “better to laugh with the sinners than weep with the saints?” Too bad for consumers—no laughter here, only swelling bills and bitter tears! Back in November 2022, the Energy Regulatory Commission (ERC) slammed the door on the ₱5.2-billion rate hike plea of SMC Global...
The Energy Regulatory Commission (ERC) is currently evaluating SMC Global Power Holdings Corp.’s (SMGP) request to recover costs from consumers. In an ambush interview with ERC Chairperson Monalisa Dimalanta on the sidelines of the Energy Efficiency Day 2025, she shared that SMGP had filed a...
The Department of Energy (DOE) has issued system impact studies (SIS) to 12 energy projects in February. The DOE is set to endorse these projects to the National Grid Corporation of the Philippines (NGCP) to assess whether the power grid can accommodate the additional capacity. If not, NGCP will...
