ACEN President & CEO, Eric Francia, at the Recharge Partners Gala event. The retail electricity unit of the Ayala Group, ACEN Renewable Energy Solutions (ACEN RES), has again won gold at the prestigious Stevie International Business Awards. The company’s innovative marketing campaign,...
After this week’s first Commission meeting under Officer-in-Charge Chairperson and CEO Jesse Hermogenes Andres, the Energy Regulatory Commission (ERC) has agreed to expedite approvals of the certificates of compliance (COCs) or the licenses needed by new power plants to start generating...
President Marcos has ordered the Department of Energy (DOE) to continue expediting the integration of all applications and permitting processes for energy projects in the energy virtual one-stop shop (EVOSS). President Ferdinand 'Bongbong' Marcos Jr. presides over a sectoral meeting on Oct. 1, 2024...
The ASEAN Centre for Energy (ACE) has outlined various projections regarding the Philippines' renewable energy (RE) targets for the coming years, comparing them with those of neighboring countries, including insights on nuclear energy plans, employment opportunities, and land use. During the 8th...
As Filipino consumers are continually stricken with the sting of outdated and expensive electricity rates, a lawmaker is pushing for a comprehensive investigation on the cause of delays on the rate reset or the warranted tariff adjustments of regulated entities as anchored on performance-based...
President Marcos has inaugurated the Philippines' first manufacturing plant for lithium-iron-phosphate batteries, which, he said, sets the stage for the country to become a key player in clean energy storage in Southeast Asia. President Ferdinand 'Bongbong' Marcos Jr. leads the ceremonial switch-on...
A whopping scale of capital mobilization that will reach as much as $500 billion (roughly P27.5 trillion) will have to be concretized so the country’s energy systems will be substantially decarbonized, according to the Department of Energy. As cited by the energy department, “the Philippines is...
The Gordian knot of the power sector’s regulatory affairs will be eased as the Energy Regulatory Commission (ERC) is already scheduled to resume its formal Commission meeting this Monday (September 30), which will be the first under the supervision of Officer-in-Charge Chairperson and CEO Jesse...
Real estate firm DM Wenceslao Group (DMWAI) has secured power supply for its property development in Paranaque City from MPower, the local retail electricity supplier (RES) subsidiary of power utility giant Manila Electric Company. According to Meralco, the power supply agreement (PSA) signed by...
The National Association of Electricity Consumers for Reforms, Inc. (Nasecore) has asked the Office of the Ombudsman (OMB) to cite in contempt suspended Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta for discussing her case in public. As a lawyer, Nasecore President Petronilo...
Consumers are under new threat of financial drain next week as pump prices are seen rising again by a significant proportion, based on the estimates of the oil companies. According to the industry players, the price of gasoline products will potentially go up by P0.65 to P1.05 per liter; while...
A resolution that was crafted during the leadership of suspended Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta is threatening to cripple Officer-in-Charge Jesse Hermogenes T. Andres from performing his function, because he is being prohibited by that supposed rule to call for...