ILOILO CITY — The Department of Energy (DOE) has selected Iloilo province as the pilot area in the country for its proposed energy infrastructure ordinance. THE Department of Energy (DOE) led by Undersecretary Sharon Garin meets Iloilo provincial government officials led by Gov. Arthur 'Toto'...
The National Power Corporation (NPC) has sought approval from the Energy Regulatory Commission (ERC) to recover costs through incremental currency exchange rate adjustment (ICERA). A notice posted by the ERC showed that NPC has requested approval for the recovery of approximately ₱21 million,...
The Department of Energy (DOE) has projected higher energy demand in Luzon during the summer. Following the recent heat index levels, the DOE reported a peak demand projection of 14,769 megawatts (MW) in Luzon, while Visayas could reach 3,111 MW, and Mindanao, 2,789 MW. “The maximum adjusted...
Meralco PowerGen Corporation (MGen) has expressed interest in revisiting the Caliraya-Botocan-Kalayaan (CBK) hydropower complex, depending on specific deal structures. Emmanuel V. Rubio, president and chief executive officer (CEO) of MGen, shared in an ambush interview that they may revisit the...
The much-anticipated fresh round of extensive feasibility study for the targeted revival of the 620-megawatt Bataan Nuclear Power Plant (BNPP) will be facing delays due to “compliance concerns” that the governments of the Philippines and South Korea have yet to accomplish. In an exclusive...
The Department of Energy (DOE) has kicked off a key bilateral initiative with the Republic of Korea in support of the ongoing renewable energy (RE) efforts in the Philippines. According to the DOE, both parties have begun the knowledge sharing program (KSP), which is meant to be a strategic...
Terra Solar Philippines Inc. (MTerra Solar), a unit of SP New Energy Corporation (SPNEC), announced it has secured a ₱150 billion omnibus loan and security agreement (OLSA) with six local banks. In a disclosure to the Philippine Stock Exchange on Friday, Feb. 28, MTerra Solar said the 15-year...
The National Grid Corporation of the Philippines (NGCP) reported that the Tuy-Dasmariñas transmission line, aimed at increasing generation capacity in the south, is nearing completion. In briefing, Redi Allan Remoroza, NGCP assistant vice president and head of transmission planning, stated that...
The Organization for Economic Cooperation and Development Nuclear Energy Agency (OECD-NEA) has pledged its support to the Department of Energy (DOE) for the Philippines' nuclear energy development. In a statement on Wednesday, Feb. 26, OECD-NEA director-general William Magwood IV said that the...
The Philippine government, through the Department of Energy (DOE), is eyeing to cement new nuclear agreements with the United Arab Emirates (UAE) and Argentina to solidify strategic partnerships that will aid the country in its renewed interest to plunge into nuclear power investments. In an...
Manuel V. Pangilinan-led Manila Electric Company (Meralco) reported that the emergency power supply agreement (EPSA), which secures backup electricity for potential supply interruptions, is set to conclude in 2026. In a briefing, Jose Ronald Valles, Meralco senior vice president and head of...
The Energy Regulatory Commission (ERC) announced that it has deferred six capital expenditure (capex) projects of the National Grid Corporation of the Philippines (NGCP). In a decision posted on Feb. 24, the ERC cited pending issues that needed to be addressed before approving the NGCP projects....
