The Department of Energy (DOE) has formally re-issued “committed capacity” status for the 1,2000 Atimonan One Energy Inc. (AOE) ultra-supercritical coal-fired power plant project of Meralco PowerGen (MGen), the power generation subsidiary of Manila Electric Co. The re-issued confirmation that...
The Office of the President (OP) has issued the appointments of two new undersecretaries at the Department of Energy (DOE), primarily naming Mylene C. Capongcol and Mario C. Marasigan to the new assignments in the agency, Manila Bulletin has learned. Both have been promoted from their ranks as...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported that electricity prices in the Wholesale Electricity Spot Market (WESM) have significantly dropped in the first half of 2025. This was due to better supply margins, transmission infrastructures, and the renewable energy...
Global supply concerns, including an unexpected drop in United States (US) crude inventories and the lingering effects of sanctions on Russia, are set to drive up diesel and kerosene prices next week, while gasoline costs may see a modest decrease. Based on the four-day Mean of Platts Singapore...
Basic Energy Corp. (BEC) is accelerating the expansion of its renewable energy (RE) portfolio, boosting investments to support the development of its solar and wind power projects. During BEC’s annual stockholders’ meeting (ASM) on Wednesday, July 23, Oscar de Venecia Jr., president and chief...
Outgoing Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta is pushing to accelerate plans that would allow households to choose their own power suppliers. Dimalanta told reporters she intends to advance plans for lowering the demand threshold for the Retail Competition and Open...
With allegedly more than 4,200 pending cases waiting like unpaid electric bills, newly designated Energy Regulatory Commission (ERC) Chairman Francis Saturnino “Nino” Juan and his fellow Commissioners aren 't walking smoothly into the office. Instead, they 're stepping into a...
The Department of Energy (DOE) is considering a stricter but more streamlined mechanism to reopen terminated service contracts for renewable energy (RE) projects Energy Assistant Secretary Mylene Capongcol told reporters that the agency is actively monitoring dormant RE projects, including those...
SN Aboitiz Power Group (SNAP) is ramping up its efforts to build more renewable energy (RE) projects beyond hydropower assets. In an ambush interview, SNAP President and Chief Executive Officer (CEO) Joseph Yu said that there are more projects in the pipeline, which hold less than 300 megawatts...
Marking a shift in the country’s power landscape, EvoEnergi gathered government leaders, industry partners, and its first ten customer groups in a recent event recognizing the early adopters of its Retail Aggregation Program (RAP). In a strong endorsement, the Energy Regulatory Commission (ERC)...
The Energy Regulatory Commission (ERC) has vowed to prioritize streamlining regulations and addressing agency backlogs to protect consumers from rising power costs. Incoming ERC Chairperson Francis Saturnino C. Juan stated that a review of the performance-based rate-setting methodology for private...
Driven by rising demand and tightening supply, oil prices are expected to rise again next week. Based on the four-day Mean of Platts Singapore (MOPS) and the forex average, gasoline could go up somewhere between ₱0.30 and ₱0.50 per liter, while diesel may increase by ₱0.70 to ₱0.90 per...
