The regulator-approved pass on of the deferred charges of First Gen Corporation on its gas use for power generation and capital recovery on liquefied natural gas (LNG) import facility investment will hike Meralco rates by P0.32 to P0.33 per kilowatt hour (kWh) starting in its October billing to...
President Marcos has approved the franchise bid of Leyte II Electric Cooperative (LEYECO II). President Ferdinand R. Marcos Jr. presides over the Private Sector Advisory Council (PSAC) meeting on Agriculture Recommendations at Malacañan Palace on Aug. 13, 2024. (Noel B. Pabalate) The move is aimed...
Lopez-led First Gen Corporation is stepping up competition in retail market space of the power industry, as it is strategically gearing up to reign as ‘green solutions provider’ to commercial and industrial (C&I) end-users that are advancing their net zero and sustainability goals. At the...
The substantial delay in the regulatory approval of power supply agreements (PSAs) was among the factors blamed in the never-ending high electricity rates burden of the Filipino consumers – and that had been particularly manifest in this year’s summer months because many power utilities were...
Alcantara-led Alsons Power has sealed its first retail electricity supply (RES) agreement with Holcim Philippines, Inc., a leading supplier of cement and construction aggregates in the country. In the power supply deal inked by the parties, it was stipulated that “Alsons Power will supply 80% of...
It may seem like a regressive step but harsh realities of tight supply predicaments tormenting the country has been prompting the Department of Energy (DOE) to greenlight coal-fired power plant projects that are not covered by the coal moratorium issued in 2020. Following last week’s State of the...
It is high time for companies and organizations around the world to mobilize their commitments to sustainability. Supply chain operations is a key to it! Prepare to immerse yourself in the forefront of sustainable procurement and supply chain innovation at the Manila Marriott Hotel in Pasay City,...
In the bid of President Marcos for secure and reliable power supply in the country as he declared in his State of the Nation Address (SONA), leading player Aboitiz Power Corporation forthrightly stated that it will opt for a mix of conventional generating assets, renewable energy (RE) and the...
President Marcos assured on Monday, July 22, that the country’s energy and internet connectivity capacities are being upgraded to be at par with the Philippines’ economic progress and aspirations. President Ferdinand 'Bongbong' Marcos Jr. delivers his third State of the Nation Address (SONA) on...
Lights on? or lights off? That’s not one of the typical ‘fast talk’ questions being thrown by a country’s well-known television host, rather, that is a state of the country’s power supply that primarily distressed Filipino consumers in this year’s summer months. In the third State of...
Cambodia is ready to export rice to the Philippines that will come from its surplus as part of the two countries' efforts to strengthen bilateral ties. Phnom Penh's commitment came as Philippine Ambassador to Cambodia Flerida Ann Camille Mayo paid a courtesy call on Prime Minister Hun Manet on July...
Power utility giant Manila Electric Company (Meralco) has secured three contracts for a total of 500-megawatt capacity that will satiate its requirements for renewable energy (RE) supply portfolio as prescribed under the government-enforced Renewable Portfolio Standards. The tariffs cornered by the...
