The Energy Regulatory Commission (ERC) has issued a show-cause order against South Premiere Power Corp. (SPPC) for alleged anti-competitive behavior related to the operation of the Ilijan Power Plant in June 2022. In a statement on Tuesday, Aug. 5, the ERC said it acted on a recommendation from the...
The 2,000-megawatt (MW) offshore wind (OSW) project of Yuchengco-led Buhawind Energy Northern Luzon Corp. (BENLC) is gaining traction, following its recent approval for interconnection to the national grid. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, Aug. 5, BENLC announced...
Renewable energy (RE) firm Alternergy Holdings Corp.’s wind unit has been granted a regulatory go-signal to link the 64-megawatt (MW) Alabat wind power project in Quezon province to the Luzon grid. In a statement on Monday, Aug. 4, Alternergy announced that the Energy Regulatory Commission (ERC)...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) will source part of its power supply from biogas over a 20-year period as part of its renewable energy (RE) integration. In a statement on Monday, Aug. 4, Meralco said it has secured a power supply agreement (PSA) with First Quezon Biogas Corp....
In the President’s recent State of the Nation Address (SONA), grand promises resonated loudly. Yet, even at this early stage, hints from his appointed officials within key agencies suggest these ambitious goals could quickly unravel, potentially leaving Filipino consumers more frustrated than...
Lopez-led Energy Development Corp. (EDC) plans to expand its geothermal fleet by approximately 90 megawatts (MW) over the next five to six years following the recent inauguration of its 22-MW Tanawon geothermal plant. In an interview, EDC President and Chief Operating Officer Jerome Cainglet said a...
TeaM Energy recently donated medical equipment to hospitals in the province of Quezon. Gov. Angelina Helen Tan received the donation of vital newborn care equipment from Froilan Gregory H. Romualdez III, TeaM Energy Assistant Vice President for External Affairs, during a turnover ceremony at the...
Manuel V. Pangilinan-led listed upstream oil and gas company PXP Energy Corp. has increased its stake in Canada’s FEC Resources Inc., which holds a key interest in an oil and gas exploration project off Palawan. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Aug. 1, PXP Energy...
SORSOGON CITY – Lopez-led First Gen Corp. (FGen), through its renewable energy subsidiary Energy Development Corp. (EDC), launched the 22-megawatt (MW) Tanawon geothermal power plant on Friday, Aug. 1, to bolster the country 's clean baseload capacity. “This is not only a proud achievement...
Motorists will need to brace themselves for the first week of August, as fuel prices are set to rise. Based on the four-day Mean of Platts Singapore (MOPS), gasoline could see a potential increase of more or less ₱1.50 per liter, while diesel may see a ₱1 spike. Kerosene, on the other hand,...
The Department of Energy is preparing a circular for the nuclear sector, a month after the law establishing the Philippine Atomic Energy Regulatory Authority was ratified, to guide stakeholders on the new energy source. On the sidelines of the 2025 post-State of the Nation Address (SONA)...
The Department of Energy (DOE) and the National Electrification Administration (NEA) are considering taking over power supply operations on Siquijor Island due to persistent outages. During the Post-State of the Nation Address (SONA) briefing on Wednesday, July 30, Energy Secretary Sharon Garin and...