The script for market dynamics will be flipped this April because instead of a rate hike, power utility giant Manila Electric Company (Meralco) is hinting at a rate reduction in the electric bills of its roughly 8.0 million customers within this billing cycle. Meralco Vice President and Head of...
A new chapter in the professional métier of industry hotshot Emmanuel “Manny” V. Rubio will be unfolding soon, as whispers are getting louder on his appointment as the next chief executive officer of Meralco PowerGen (MGen), the power generation investment arm of Manila Electric Company...
SAGIP Party-list Reps. Rodante Marcoleta (left), Caroline Tanchay (Facebook) SAGIP Party-list Reps. Rodante Marcoleta and Caroline Tanchay are prodding the House of Representatives to take up their proposed measure to tighten the prohibition on...
HOUSTON – American firm Ultra Safe Nuclear Corporation (USNC) is confident of having its pioneering rollout of micro modular reactors (MMRs) for nuclear power installations in the Philippines through a partnership with Manila Electric Company (Meralco) by the turn of the decade. In an interview,...
Priority procurement of capacity generated from indigenous Malampaya gas had been directed by the Energy Regulatory Commission (ERC) in the power purchase agreement (PPA) underwritten by Manila Electric Company (Meralco) with First Gen Corporation of the Lopez group. Owing to that ruling, the...
The Manila Electric Co. (Meralco) is seeking potential suppliers for 260 megawatts (MW) of power supply to address the growing demand throughout the summer season. In a statement, Meralco assured its customers that it is working with the Department of Energy (DOE) to provide sufficient supply to...
Manila Electric Co. (Meralco) has assured its 7.8 million customers a continuous, reliable, and stable electricity service throughout the upcoming Holy Week break. Despite the closure of Meralco Business Centers from March 28 to 30 for the Easter Triduum observance, the power distributor said...
Leaning on the robust power generating assets of its various subsidiaries, Aboitiz Equity Ventures (AEV) has sustained its lead as the country’s biggest power producer with total installed capacity of 5,745.221 megawatts, according to data released by the Energy Regulatory Commission. Inching...
Meralco put up a defensive masterclass and stifled Barangay Ginebra, 91-73, to snap a two-game slide in the 2024 PBA Philippine Cup at the Smart Araneta Coliseum on Friday, March 15. The Bolts led from start to finish all thanks to the combination of their hot shooting and suffocating defense that...
Local retail electricity supplier (LRES) MPower announced that it will continue supplying power to Pioneer Highlands South Condominium Corp. (PHSCC) to extend its 10-year collaboration. In a statement on Thursday, Mar. 14, Manila Electric Co.’s (Meralco) LRES siad it renewed the retail supply...
TORONTO - Power utility giant Manila Electric Company (Meralco) is targeting to cement a partnership agreement with Canada’s OntarioTech University for a scholarship program geared toward enhancing the know-how and expertise of Filipino talents on the nuclear power development space....
TORONTO – Investors who are seriously looking at infusing heavy capital for nuclear power projects in the Philippines are decisively assessing concerns on siting as well as certainty of regulatory frameworks being the challenges that could make or break a deal in the resurgence of this...