Looking ahead to this year’s goal of boosting its performance in the energy sector, Consunji-led Semirara Mining and Power Corp. (SMPC) plans to continue its exploration of the 700-megawatt (MW) Saint Raphael Generation Corp. (SRGC) project. During the company’s annual stockholders’ meeting...
A legal entanglement concerning intellectual property (IP) related to a reactor design, which South Korea encountered with the American firm Westinghouse Electric Company, continues to impede the targeted feasibility study intended to evaluate the potential for reactivating the mothballed...
Motorists welcome some relief as petroleum prices dropped in the first few days of May, reversing last week 's increases. Effective Tuesday, May 6, gasoline prices will go down by ₱0.55 per liter, diesel by ₱0.65 per liter, and kerosene by ₱0.90 per liter. These marginal decreases were...
The Energy Regulatory Commission (ERC) has approved nine ancillary services procurement agreements (ASPA) between the National Grid Corporation of the Philippines (NGCP) and various power suppliers. These agreements will enable NGCP to procure ancillary services essential for ensuring the reliable...
The Department of Energy (DOE) lauded the 10-year extension granted to the Power Sector Assets and Liabilities Management Corp. (PSALM), a move that will enable the state-run enterprise to fulfill its remaining obligations. Energy Secretary Raphael P.M. Lotilla said in a statement that PSALM’s...
The Philippines and many of its Southeast Asian neighbors have been sluggish in tapping renewable energy (RE), according to the Manila-based multilateral lender Asian Development Bank (ADB). "In 2022, renewables—as a share of new power generation capacity installed—exceeded 75 percent in nine...
What arrived on April 22 was no hero who descended from the sky, nor was it a god that could expose all companies guilty of greenwashing (unfortunately). It was hope—a sliver of it, produced by people who demanded change and renewed their commitment to our only home. Earth Day 2025 has urged...
Lopez-led First Gen Corp. (FGen) has teamed up with a Japanese manufacturing firm to supply 100-percent clean energy to its facilities in Zambales. In a statement released on Thursday, April 24, Sanyo Denki Philippines Inc., a subsidiary of Japan’s Sanyo Denki Co. Ltd., announced its partnership...
ENEX Energy Corporation, an Ayala-led ACEN Corporation subsidiary, is actively working to unlock the full potential of its two key assets: a clean energy power plant in Batangas and an offshore oil and gas project in the West Philippine Sea. During the Annual Stockholders’ Meeting on Wednesday,...
The Global Wind Energy Council (GWEC), an international wind industry association, has identified the Philippines as one of the top markets to watch for wind energy growth. In its 2025 Global Wind Report, GWEC noted that Asia-Pacific (APAC) countries, including the Philippines, Japan, South Korea,...
Aboitiz Power Corporation announced that its subsidiary has broken ground on a hybrid battery energy storage system (BESS) project integrated into its oil-fired power facility in Agusan del Norte. In a statement on Tuesday, April 22, AboitizPower's unit, Therma Marine, Inc. (TMI), said it commenced...
Senate Majority Leader Francis Tolentino said he believes developing the untapped energy resources in the West Philippine Sea and the Talampas ng Pilipinas will help resolve the country’s long-standing struggles with expensive gasoline and power. Sen. Francis Tolentino With this,...
