With back-to-back earthquakes shaking the country in the past 10 days, who in their right mind would now gamble their backyards and communities on hosting nuclear power facilities? This is the ironic cherry on top: the President just signed a nuclear safety regulation law that breezed through the...
President Marcos said the government must give serious consideration to adopting modern waste-to-energy technologies, starting in Metro Manila, to address the worsening garbage and flooding problems in the capital region. In an interview with the Manila Bulletin, President Marcos said...
The Department of Energy (DOE) is set to hold a waste-to-energy (WTE) auction in January next year as part of government push to strengthen energy security, improve waste management, and lessen flood risks. In a statement on Thursday, Oct. 9, the DOE announced a “special auction” round for WTE...
Senator Loren Legarda on Thursday, Oct. 9, rejected the idea of including Antique as a nuclear power site, emphasizing that she will oppose the budget of whichever agency proposes it. Legarda, a staunch environmental advocate, brought it up during the subcommittee hearing deliberating the 2026...
President Marcos said the signing of eight landmark petroleum service contracts (PSCs) worth over $200 million would reduce the Philippines’ near-total dependence on imported fuel and secure its long-term energy future. Speaking at the signing ceremony in Malacañan, the President said the...
The Department of Energy (DOE) on Wednesday, Oct. 8, clarified that all electric vehicles (EVs) are exempt from the number coding scheme following an erroneous citation issued by the Metropolitan Manila Development Authority’s (MMDA) system. In a statement, the DOE cited Section 25 of Republic...
Renewable energy (RE) is gaining bigger share of the country’s power generation mix as gas-fired power development continues to slow down, according to a study by the Institute for Energy Economics and Financial Analysis (IEEFA). In a report, Sam Reynolds of the IEEFA explained that gas-to-power...
While most of its domestic and global peer banks shy away from the heat, BDO Capital and Investment Corp. is stepping into the flames, publicly declaring its readiness and openness to bankroll new coal plant projects. In his remarks at the Powertrends 2025, BDO Capital President Eduardo V....
The Department of Energy (DOE) has cleared Manila Electric Co. (Meralco) to bid out a 200-megawatt (MW) renewable energy (RE) supply contract as way to expand its clean energy portfolio. The DOE approved the competitive selection process (CSP) for the 200 MW, which allows Meralco to invite power...
The Energy Regulatory Commission (ERC) has approved the connection of Lihangin Wind Energy Corp.’s (LWEC) San Isidro Wind Power Project to the Visayas grid, which would mark the entry of its wind capacity into the system. LWEC, a joint venture of Aboitiz Renewables Inc., Vivant Energy Corp., and...
As the country reconsiders nuclear energy, the Department of Energy (DOE) is set to explore financing options in coordination with the Department of Finance (DOF), the Department of Economy, Planning and Development (DepDev), and the Maharlika Investment Corp. (MIC), among other agencies. In a...
Aboitiz Upgrade Solar Inc. (AUSI), the joint venture between Aboitiz Power Distributed Renewables, Inc. and Upgrade Energy Philippines (UGEP), has partnered with Alphaland Corporation’s Balesin Island for the launch of a new three-hectare ground-mounted solar farm. Once completed, the 4.1...
