Government agencies posted a 94-percent utilization rate of their cash allocations in the first seven months of 2025, unchanged from a year ago, but the Department of Energy (DOE) and the Department of Information and Communications Technology (DICT) continued to trail behind. Latest data from the...
The Department of Energy (DOE) is rolling out the first electrification projects for the year, partnering with five electric cooperatives (ECs) in Luzon and Visayas to address power strains in remote areas. In a statement on Tuesday, Aug. 19, the DOE announced the signing of a memorandum of...
The Department of Energy (DOE) said it has secured interest from a United States-based (US) firm to explore potential natural hydrogen sites in Luzon, a step in the Philippines’ search for new energy sources. Energy Secretary Sharon Garin told reporters that Koloma, Inc., a natural hydrogen...
In a continued effort to broaden access to the Competitive Retail Electricity Market (CREM), the Energy Regulatory Commission (ERC) is seeking to fast-track the lowering of the threshold for retail competition to allow more end-users to benefit from Retail Competition and Open Access (RCOA). ERC...
The Department of Energy (DOE) said the agency is developing a carbon credit policy for the energy sector to attract investments, reduce emissions, and help the country meet its climate goals. In a statement on Monday, Aug. 18, the DOE said the policy aims to guide energy stakeholders, particularly...
As Metro Manila grapples with persistent flooding during the rainy season, the Department of Energy (DOE) is renewing its focus on waste-to-energy (WTE) as a potential solution to both reduce waste and contribute to the country’s energy supply. Energy Secretary Sharon Garin told reporters that...
Independent power producer (IPP) TeaM Energy Corp. has transferred its 735-megawatt (MW) Pagbilao coal-fired power plant to the government, following the expiration of its Build, Operate, and Transfer (BOT) contract. In a statement, TeaM Energy said Friday, Aug. 15, that the turnover to the Power...
Motorists may face a fuel price shake-up next week, with gasoline expected to rise amid strong demand, while diesel may see a rollback due to growing supply. Based on the four-day Mean of Platts Singapore (MOPS), gasoline per liter may increase somewhere between ₱0.40 and ₱0.60, while diesel...
The Energy Regulatory Commission (ERC) has committed to streamlining the resolution of around 5,000 pending cases involving distribution utilities (DUs), electric cooperatives (ECs), generation companies (GenCos), and others by assigning oversight responsibilities to its commissioners. In a...
San Miguel Global Power (SMGP) said Wednesday, Aug. 13, that the Philippine Electricity Market Corp. (PEMC) has cleared its Ilijan Gas Power Plant of any violations related to a 2022 outage, calling a recent regulatory order from the Energy Regulatory Commission (ERC) “outdated and without...
After reducing its stake in EEI Corporation last year, the Yuchengco Group’s flagship House of Investments (HI) has laid down its ₱22 billion investment plan for 2025 and 2026 focusing on expanding its renewable energy, property, and education businesses. “Our investment roadmap is more than...
Despite the President’s State of the Nation Address (SONA) promise of rate reductions, it seems the only thing “cutting” is the consumer’s wallet, as electric bills continue their relentless upward climb. Realistically, rate reduction is a battle consumers can’t seem to win. It’s like a...
