One generating unit of the 632-megawatt GNPower Mariveles Center Ltd. Co. (GMEC) coal-fired plant of the Aboitiz-Ayala joint venture suffered ‘forced outage’ due to technical glitch in its boiler. In a disclosure to the Philippine Stock Exchange, Aboitiz Power Corporation indicated that unit 1...
Garcia-led Vivant Energy Corporation has expanded its power investments in Mindanao, and this was concretized via an equity acquisition in power generation facility owned by Senator Juan Miguel Zubiri. In a disclosure to the Philippine Stock Exchange (PSE), Vivant stated that, in tandem with its...
As typhoon season has kicked off again this year, the Department of Energy (DOE) is seeking stronger ‘emergency protocols’ that shall be instituted by the power industry, as response to the strike of natural calamities. According to Energy Secretary Alfonso G. Cusi, there is a need among...
Through the mandated appointment of energy efficiency and conservation (EE&C) practitioners, the Department of Energy (DOE) will be enforcing stricter compliance to the prescriptions of the Energy Efficiency and Conservation (EE&C) Act or Republic Act 11285, primarily across...
It will be another week that will be heavy on consumers’ pockets as the prices of gasoline products will go up by P1.20 per liter; and diesel by P0.95 per liter, based on the pricing adjustment notices sent by the oil companies. Kerosene, which is the other significant fuel commodity for both...
The Department of Energy (DOE) has cemented a policy that it will be enforcing for the designs of “energy efficient buildings” or what could also be classified as “green buildings.” The department said it is laying down the...
The lower-than-reserve price offers in the competitive selection process (CSP) of the 1,800 megawatts power supply agreements (PSAs) for power utility giant Manila Electric Company (Meralco) will result in cheaper electricity rates for consumers, according to the Department of Energy. Energy...
By procuring clean energy supply from the ‘Cleanergy’ portfolio of Aboitiz Power Corporation, leading green office developer NEO clinched its ‘net zero carbon’ goal; and its buildings bagged 5-star certifications under the “Advancing Net Zero Philippines (ANZ/PH) program”, an entity...
The Department of Energy (DOE) has directed power firms to prepare ‘contingency measures’ to guarantee uninterrupted power supply in Visayas and Mindanao, especially during the summer months and on the anticipated rollout of the Covid-19 vaccines. The energy department has already convened key...
Castrol Philippines has partnered with North Trend Marketing Corporation (NTM) for the distribution of the world’s leading industrial lubes products as it seeks to further expand presence in the country. According to Castrol Philippines General Manager Ria Tañada, their partner New Trend...
Pump prices are calculated to be on another round of heavier increases next week, with some fuel products rising by as much as P1.25 to P1.30 per liter. Based on the estimates of the oil companies, gasoline prices will have the heftiest price hike next week in the range of P1.25 to P1.30 per liter;...
The Energy Regulatory Commission (ERC) has approved P13.885 billion worth of refund to Manila Electric Company (Meralco) that will translate to rate reduction of P0.1528 per kilowatt hour (kWh) in their customers’ electricity bills by next month. (MANILA BULLETIN) As mandated by the regulatory...
