Power utility giant Manila Electric Company (Meralco) has already kicked off the competitive selection process (CSP) or bidding for the procurement of additional 480 megawatts of capacity that would augment power supply, especially during the peak demand-months of summer. Based on approval rendered...
Power utility giant Manila Electric Co. (Meralco) will be engaging the participation of more interruptible load program (ILP) participants, so it can mollify intensifying threats of power service interruptions that may torture consumers next year, especially during the summer months. Heeding the...
There’s a reverse course in oil prices that shall be reflected at the pumps on Tuesday, Dec. 20, as consumers will now have to brace for increases in the costs of fuel products, according to the oil companies. Based on the estimates of industry players, diesel prices will rise by P1.90 to P2.30...
With the imprimatur of President Ferdinand Marcos Jr., the Department of Energy (DOE) said it will now go ahead in crafting the regulation framework for billion-dollar investments being wooed for offshore wind industry development. “The President has given the greenlight to proceed and firm up...
The ball has been tossed into the court of power utility giant Manila Electric Company (Meralco) to secure gas fuel allocation for the offer of San Miguel Corporation to have its 1,200-megawatt Ilijan gas-fired power facility utilized to augment power supply, primarily for the Luzon grid. According...
Villar-led PAVI Green Renewable Energy Inc. said at least three utility-scale solar farm projects will start commercial operation next year to augment power supply in the Luzon grid especially during the summer months. According to Robert Marlon T. Pereja, chief operating officer of PAVI Green, the...
The Department of Energy (DOE) will intensify efforts on apprising investors of the "fiscal incentives" that they could avail for their energy projects in the country. In line with the celebration of the National Energy Consciousness Month (NECM), the agency indicated that it will lay down the...
From the rotational brownouts on Sunday and the momentary declaration of "red alert" on Monday, Nov. 28, alarm bells are being raised that consumers may need to brace for recurring strained power supply in the main grid of Luzon, especially when the summer months would kick off. System operator...
The Energy Regulatory Commission (ERC) will review the market share limitation of battery energy storage system (BESS) given its current classification as a "generation" capacity based on the prevailing policy by the Department of Energy. ERC Chairperson Monalisa C. Dimalanta said “that’s being...
The Department of Energy (DOE) has vowed to implement measures that will lessen the cost of electricity in the country, which is described as one of the most expensive in Asia. One of the measures being eyed is the continuity of lifeline rate subsidy as among the programs that is seen as an...
The Energy Regulatory Commission (ERC) will be calculating new green energy auction reserve (GEAR) tariffs to serve as "price ceiling" for next round of renewable energy (RE) capacity auction to be administered by the Department of Energy. The regulatory body indicated that it can only draw up the...
Almost six million "poorest of the poor" Filipino families are now set to be given aid in their monthly electricity bill for 30 more years following the approval of the Implementing Rules and Regulations (IRR) of the law on Extending and Enhancing the Implementation of the Lifeline Rate. The Energy...
