Qualified big-ticket contestable customers in Mindanao can finally exercise ‘power of choice’ on contracting their electricity services as the Energy Regulatory Commission (ERC) has already opened that segment of the industry for retail competition. Similar to the threshold for Luzon and...
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...
HOUSTON – Generative artificial intelligence (Gen AI) is widely perceived and already being experienced by more mature markets as the next major ‘disruptor’ in energy markets – be it for predictive analytics for asset maintenance or optimizing power plant operations to empowering utilities...
Yuchengco-led PetroGreen Energy Corp. (PGEC) secured a P834 million loan from Rizal Commercial Banking Corp. (RCBC) for its solar power project in Dagohoy, Bohol. The amount will be used for the construction of the 27-megawatt renewable energy project, which is expected to be complete by fourth...
The Department of Energy (DOE) cautioned that the power supply available in the Luzon grid could drop below a specified safety threshold in the next two months due to the ongoing El Niño phenomenon. In a statement, the DOE said that yellow alerts may occur in April and May in the Luzon Grid as...
As the country’s power supply is still at its wobbly state, the Department of Energy (DOE) guaranteed that it will conscientiously monitor the overall operations of the power grid so consumers can be alerted on any service interruptions and for relevant industry players to correspondingly sort...
HOUSTON – While acknowledging that ‘energy transition’ is a wildering cycle path to navigate, billionaire and Microsoft founder Bill Gates is staying the course on his ‘mega bet’ that nuclear fusion will eventually define the planet’s energy future. In the recently concluded CERAWeek...
To guarantee that all players in the flourishing liquefied natural gas (LNG) industry of the country will all play by the same rules, the Department of Energy (DOE) has inked a ‘research study pact’ with the University of the Philippines (UP) on drawing up regulatory toolboxes and standards...
A new face of leadership will soon unfold at Aboitiz Power Corporation, as fifth generation scion Danel C. Aboitiz will be ascending to the top post immediately after the retirement of Emmanuel ”Manny” V. Rubio as President and CEO by June 30 this year. An announcement of the company via...
Senior citizens above the age of 60, single mothers, and persons with disabilities can soon enjoy a 20 percent discount on basic goods and services with the support of the Department of Agriculture (DA), the Department of Trade and Industry, as well as the Department of Energy. The three government...
HOUSTON – Japanese firm JERA Co. Inc. has flexed to global energy players and policymakers the ‘portfolio balancing strategy’ of its Philippine partner Aboitiz Power Corporation as the ‘sweet spot’ to their successful business marriage. At the ongoing CERAWeek conference, Aboitiz Power...
The multi-dimensional green energy investment play of Citicore Renewable Energy Corporation (CREC) in Pangasinan province is taking off with its blueprinted 240-megawatt solar farm to be sited in Binalonan town. To jumpstart the project, the company held its groundbreaking rites this week – and...
