Accelerating patronage and purchases of electric vehicles (EVs) by consumers will serve as the ultimate stimulus to wider investments on the rollout of commercial-scale EV charging facilities in the country, according to Manila Electric Co. (Meralco) Chairman and CEO Manuel V. Pangilinan. “We...
Power utility giant Manila Electric Company (Meralco) is leading the race on compliance to the Renewable Portfolio Standards (RPS) with 1,880 megawatts of contracted renewable energy (RE) already secured in its supply portfolio. The power firm indicated that it was able to surpass its initial...
The development of the country’s power grid network is still saddled with as much as P346.1 billion worth of unsettled right-of-way (ROW) claims, according to a top executive of the National Transmission Corporation (TransCo), the owner of the country’s power transmission assets. TransCo OIC...
The purchasing power of Filipino motorists will be on another round of assault, as pump prices are expected to rise again at the gasoline stations next week, based on the calculation of the oil companies. According to the industry players, the price of gasoline will rise by P0.10 to P0.50 per...
The Department of Energy (DOE) will be issuing guidelines for the "opt-in mechanism" of industry participants on procuring percentage of their required renewable energy-generated supply from a pool of government-awarded RE capacity under the green energy auction program (GEAP). In a draft Circular...
State-run Philippine National Oil Company- Exploration Corporation (PNOC-EC) has indicated to Congress that it is preparing for the drilling of two new wells at the Malampaya gas field in 2025. PNOC-EC Manager for Planning and Budget Department Alexis Dela Torre stated that the consortium-members...
The Department of Energy (DOE) is engaging the relevant industry stakeholders so they can contribute insights and inputs in the updating of the Philippine Energy Plan (PEP) 2030-2050. The energy department advised that the Luzon leg of its information, education and communication (IEC) campaign on...
The Department of Energy (DOE), German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), and other partners are collaborating on a training program that will simplify the implementation of renewable energy (RE) electrification for off-grid areas or sites that are...
ThermaPrime Drilling Corporation (ThermaPrime), a subsidiary of Lopez-led First Philippine Holdings Corp (FPH), said it has completed drilling of its 15 wells for Philippine Geothermal Production Company Inc. (PGPC), the pioneer geothermal resource exploration and development company of the Sy...
The National Electrification Administration (NEA) has formally laid down to Congress a whopping P70 billion budget to achieve the goal of President Ferdinand Marcos Jr. for nationwide electrification of all Filipino households within his term. NEA Administrator Antonio Mariano C. Almeda...
For the third time, the Energy Regulatory Commission (ERC) suspended the feed-in-tariff allowance (FIT-ALL) charge in the electric bills of consumers to help ease the financial burden of ordinary Filipinos. The regulatory body ordered the suspension Tuesday, Aug. 22, the third time the...
President Ferdinand "Bongbong" Marcos Jr. has ordered the exploration of other renewable energy sources in the country. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA Pool/KJ Rosales) Marcos made the order in a sectoral meeting in Malacañang on Tuesday, Aug. 22. Noting that there...
