While most players in the energy sector are excited about the incursion of innovative technology solutions in the industry, Manila Electric Company (Meralco) Chairman Manuel V. Pangilinan cautioned against the trap of "quick fixes" that will not bring in realistic energy security for the country....
Motorists filling up their vehicles with diesel products will have another week of agonizing trip to the petroleum pumps as the price of this commodity will rise by hefty P3.60 to P3.90 per liter. For households and key industries like aviation, the cost burden will also come heavy because the cost...
The Department of Energy (DOE) will be enforcing "unbundled charging fee" for entities or companies that will be rolling out electric vehicle (EV) charging facilities in the country. The DOE- Energy Utilization Management Bureau (DOE-EUMB) has already announced formally that it will start accepting...
Philippine upstream company PXP Energy Corporation is now coming to terms with the idea that the resumption of exploration at the Recto Bank prospect will rely on the political decision of the national government (NG), primarily considering the diplomatic alliances of the administration with global...
# ERC, NGCP discuss technical gaps By MYRNA M. VELASCO The Energy Regulatory Commission (ERC) has forthrightly raised to transmission firm National Grid Corporation of the Philippines (NGCP) the need to immediately address the "technical gaps" in balancing the country’s power system so it can...
Greenfield plants and the elevated prices in the Wholesale Electricity Spot Market (WESM) boosted Ayala-led ACEN Corporation profits in the first half this year to P4.2 billion, up 94 percent from P2.2 billion in a comparative period last year. The company’s consolidated revenues had also grown 28...
Aboitiz Renewables, Inc. (ARI), a subsidiary of Aboitiz Power Corporation, has cemented a joint venture deal with Singapore-headquartered Vena Energy (Vena Energy) for the planned 102-megawatt wind farm installation that will straddle Rizal and Laguna sites. In a statement to the media on Thursday,...
Citicore Renewable Energy Corporation (CREC) will put up a 10-megawatt solar farm project that will be embedded into the load network of Pampanga I Electric Cooperative (PELCO I). The RE company announced in a press statement that a memorandum of agreement (MOA) on this venture has already been...
Power utility giant Manila Electric Company (Meralco) is in talks with at least two American nuclear power companies for a "collaborative approach" on this technology as part of the long-term energy solution for the Philippines. Meralco Chairman and CEO Manuel V. Pangilinan noted that these...
Lisbon-headquartered Energias de Portugal (EDP) and its subsidiary EDP Renewables (EDPR) are eyeing to invest in the country's renewable energy (RE) sector, particularly in their core wind farm business. The interest of the Portuguese electric utility and its RE investment arm was sounded off to...
After terminating its 330-megawatt fixed priced power supply agreement (PSA) due to the recently rendered verdict of the Court of Appeals, a subsidiary of SMC Global Power Holdings Corp. has offered a replacement power supply deal to power utility giant Manila Electric Company (Meralco). Meralco...
(Unsplash) A ranking House of Representatives member is asking the Department of Energy (DOE) to finish its performance review of the National Grid Corp. of the Philippines (NGCP) in the soonest possible time. Camarines Sur 2nd district Rep. LRay Villafuerte said that Congress "needs to decide soon...
