The Management Association of the Philippines (MAP) has expressed its support for Energy Regulatory Commission (ERC) chair Monalisa Dimalanta, despite her recent suspension by the Ombudsman. In a statement, MAP elaborated that this temporary suspension would affect the energy sector and consumers...
The days of ‘secrecy’ in weekly oil price adjustments are numbered following the Supreme Court’s decision which upheld the fuel cost unbundling policy that the Department of Energy (DOE) initially attempted for implementation via a Circular in 2019. Relative to the high court ruling, former...
Being the lead agency overseeing regional power utilities, the National Electrification Administration (NEA) urged the country’s electric cooperatives (ECs) to procure insurance cover for their critical assets – especially the facilities that are vulnerable to damage or technical glitches when...
A young executive of Aboitiz Power Corporation has spilled the inconvenient truth that renewable energy (RE) developers have been distorting the ‘cheap electricity narrative’ because of their proclivity to downplay other cost components linked to the variability of their technologies –...
The Philippine Ports Authority (PPA) has committed the repurposing of at least three initial ports that will support the development of billion dollars-worth of offshore wind projects that the Marcos administration has been pushing for completion by 2028, according to the Department of Energy....
A veteran lawyer who is considered an ‘energy sector outsider’ is reportedly being eyed as prospective officer-in-charge (OIC) at the Energy Regulatory Commission (ERC) while current Chairperson Monalisa C. Dimalanta is on six-month suspension as ordered by the Office of the Ombudsman....
A whopping investment of $3 billion (approximately P165 billion) will be injected by Danish firm Copenhagen Offshore Partners (COP) for the first 1,000 megawatts San Miguel Bay offshore wind project in Camarines Sur that it is targeting to bring on commercial stream by 2028. On prevailing rule of...
The exclusion of off-grid areas from the coal moratorium is being sought so the lingering woes of consumers over power service interruptions as well as exorbitant rates can be resolved, according to an industry player that has been providing electricity services to these sites. DMCI Holdings...
Following the Department of Energy’s (DOE) rejection of its force majeure plea, Pangilinan-led SP New Energy Corporation (SPNEC) is now looking for an alternative site for the development of the 280-megawatt Nueva Ecija solar farm project it won under the first round of the green energy auction...
Energy Regulatory Commission (ERC) Monalisa C. Dimalanta will temporarily leave her office as chief regulator of the deregulated power industry to comply with the six-month suspension meted out by the Office of the Ombudsman. In a statement to the media, Dimalanta indicated that she will...
Meralco PowerGen Corporation (MGen), the power generation investment arm of Manila Electric Company (Meralco), is seeking certification from the Department of Energy (DOE) as it is now inclined to rejoin the country’s ‘king coal club’ for its 1,200-megawatt Atimonan power plant project that...
Singapore-headquartered investment fund Clime Capital will be injecting up to $10 million for the solar rooftop installations in the commercial and industrial (C&I) space as well utility-scale ventures to be undertaken by Upgrade Energy Philippines (UGEP), a joint venture between Aboitiz Power...
