Yuchengco-led PetroGreen Energy Corp. (PGEC) is set to commence commercial operations at its San Jose Solar Power Plant (SJSPP) in Nueva Ecija on Aug. 1, following approvals from the Energy Regulatory Commission (ERC) and the Independent Electricity Market Operator of the Philippines (IEMOP). PGEC...
The Philippine Independent Power Producers Association (PIPPA) reassured its commitment to collaborate with the energy sector to achieve the electrification and energy security goals mentioned by President Marcos in his fourth State of the Nation Address (SONA). In a statement, PIPPA expressed its...
Basic Energy Corporation (BEC) plans to significantly expand its electric vehicle (EV) charging station network in Luzon to support the country 's growing electric vehicle (EV) fleet. BEC President Oscar de Venecia Jr. told reporters that the company is partnering with a local oil firm to...
Despite the Department of Energy’s (DOE) efforts to cancel renewable energy (RE) contracts that miss their implementation timelines, the agency continues to shy away from investigating the murky waters of potentially questionable project shareholders, and as a result, the industry’s darker...
To create a more adaptable policy framework for the energy sector, the Energy Regulatory Commission (ERC) is pushing to implement a “regulatory sandbox” system where new ideas and solutions can be rigorously tested before wider implementation. Outgoing ERC Chairperson Monalisa Dimalanta said...
The Department of Energy (DOE) has formally re-issued “committed capacity” status for the 1,2000 Atimonan One Energy Inc. (AOE) ultra-supercritical coal-fired power plant project of Meralco PowerGen (MGen), the power generation subsidiary of Manila Electric Co. The re-issued confirmation that...
The Office of the President (OP) has issued the appointments of two new undersecretaries at the Department of Energy (DOE), primarily naming Mylene C. Capongcol and Mario C. Marasigan to the new assignments in the agency, Manila Bulletin has learned. Both have been promoted from their ranks as...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported that electricity prices in the Wholesale Electricity Spot Market (WESM) have significantly dropped in the first half of 2025. This was due to better supply margins, transmission infrastructures, and the renewable energy...
Global supply concerns, including an unexpected drop in United States (US) crude inventories and the lingering effects of sanctions on Russia, are set to drive up diesel and kerosene prices next week, while gasoline costs may see a modest decrease. Based on the four-day Mean of Platts Singapore...
Basic Energy Corp. (BEC) is accelerating the expansion of its renewable energy (RE) portfolio, boosting investments to support the development of its solar and wind power projects. During BEC’s annual stockholders’ meeting (ASM) on Wednesday, July 23, Oscar de Venecia Jr., president and chief...
Outgoing Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta is pushing to accelerate plans that would allow households to choose their own power suppliers. Dimalanta told reporters she intends to advance plans for lowering the demand threshold for the Retail Competition and Open...
With allegedly more than 4,200 pending cases waiting like unpaid electric bills, newly designated Energy Regulatory Commission (ERC) Chairman Francis Saturnino “Nino” Juan and his fellow Commissioners aren 't walking smoothly into the office. Instead, they 're stepping into a...