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...
The Department of Energy (DOE) is considering a stricter but more streamlined mechanism to reopen terminated service contracts for renewable energy (RE) projects Energy Assistant Secretary Mylene Capongcol told reporters that the agency is actively monitoring dormant RE projects, including those...
SN Aboitiz Power Group (SNAP) is ramping up its efforts to build more renewable energy (RE) projects beyond hydropower assets. In an ambush interview, SNAP President and Chief Executive Officer (CEO) Joseph Yu said that there are more projects in the pipeline, which hold less than 300 megawatts...
Marking a shift in the country’s power landscape, EvoEnergi gathered government leaders, industry partners, and its first ten customer groups in a recent event recognizing the early adopters of its Retail Aggregation Program (RAP). In a strong endorsement, the Energy Regulatory Commission (ERC)...
The Energy Regulatory Commission (ERC) has vowed to prioritize streamlining regulations and addressing agency backlogs to protect consumers from rising power costs. Incoming ERC Chairperson Francis Saturnino C. Juan stated that a review of the performance-based rate-setting methodology for private...
Driven by rising demand and tightening supply, oil prices are expected to rise again next week. Based on the four-day Mean of Platts Singapore (MOPS) and the forex average, gasoline could go up somewhere between ₱0.30 and ₱0.50 per liter, while diesel may increase by ₱0.70 to ₱0.90 per...
Globe Telecom Inc. is ramping up its sustainability efforts by transitioning more than 3,000 cell sites and other low-energy utilization facilities to renewable energy, with a target completion date of 2028. The Ayala-led telecommunications giant announced that it has begun the process of...
Retail electricity supplier MPower is set to power the cell sites and facilities of PLDT, Inc. and Smart Communications, Inc. as part of the Energy Regulatory Commission’s (ERC) Retail Aggregation Program (RAP). In a statement on Thursday, July 17, Manila Electric Company (Meralco) said MPower...
The Department of Energy (DOE) has released its list of qualified bidders for the fourth round of the Green Energy Auction (GEA-4), which seeks bids for onshore wind, solar power, and energy storage system (ESS) projects. According to a filing on the DOE website, a virtual pre-bid conference for...
Less than a week after Monalisa Dimalanta stepped down as chairperson of the Energy Regulatory Commission (ERC), Malacañang has named her successor. According to Presidential Communications Office (PCO) Undersecretary Claire Castro, former ERC Executive Director Francis Saturnino Juan will assume...
