By MYRNA M. VELASCO The Department of Energy (DOE) is scheduling this September the second round of auction for off-grid sites that will target the provision of electricity access to more than 12,200 households. In a media statement, the department indicated that the submission and opening of...
President Marcos expressed confidence that the newly inaugurated Mariveles-Hermosa-San Jose (MHSJ) 500 KiloVolt (kV) transmission lines in Bataan would help the Philippines in its transition to renewable energy, thus achieving a more sustainable country. President Ferdinand 'Bongbong' Marcos Jr....
President Marcos has reminded Filipinos of their responsibility to protect the environment by conserving energy as the country strives for a stable and reliable power supply. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as he led the inauguration of the...
The commercial operations of the P7.0 billion Palayan binary geothermal power project of Energy Development Corporation (EDC) will partly quench the energy thirst of the Luzon grid, as this will add up 28.9 megawatts into the system. The facility serves as an expansion of its 140MW Bacon-Manito...
At least eight companies are eyeing to corner the 600-megawatt capacity that is slated for auction by power utility giant Manila Electric Company (Meralco) to beef up its supply portfolio starting August next year. In a pre-bid conference on Thursday (July 4), the Filipino-owned companies which...
The deferred pass-on of generation charges that was ordered by regulators could reflexively inflate electricity rates to be reflected in the bills this month, hence, the customers of Manila Electric Company (Meralco) are being prompted to brace for highly probable hike in rates that they shall be...
System operator National Grid Corporation of the Philippines (NGCP) forthrightly stated that it can deliver more transmission projects to commercial completion if approvals of the Energy Regulatory Commission (ERC) on its cost recoveries for invested capital could be granted promptly. “With...
System operator National Grid Corporation of the Philippines (NGCP) is batting for regulatory approval on full cost recovery of its P20.94 billion investment in the newly reinforced 500-kilovolt Hermosa-San Jose transmission line, which is now supporting the wheeling of additional capacities in...
The Philippine Electricity Market Corporation (PEMC), which serves as the governance body of the Wholesale Electricity Spot Market (WESM), has elected its new set of board of directors and officers that will help oversee the operations of the country’s power spot market. The reconstituted board...
The P4.8 billion Pampang hydroelectric power project of FDC Renewables Corporation of the Filinvest group, which has an installed capacity of 33.4 megawatts, had been granted with ‘green lane certificate of endorsement’, based on the approval accorded by the Board of Investments. With the...
President Marcos has urged the government and the private sector to continue pursuing "extraordinary opportunities" to achieve the country's renewable energy goals for a stable power supply. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) "Let us continue to pursue extraordinary...
The Court of Tax Appeals (CTA) has partially granted the petition of the National Grid Corporation of the Philippines (NGCP) as it reversed the decision issued by the Quezon City Regional Trial Court (RTC) which dismissed the P22 million claim for refund of city taxes and other business taxes. On...
