BUDAPEST, Hungary (AP) — Hungary 's only nuclear power plant will shut down for the first time in its history due to record-low water levels on the Danube River, Prime Minister Péter Magyar said Friday, adding that the plant may not come back online for several weeks as the river is...
Consunji-led Semirara Mining and Power Corp. (SMPC) posted a two-percent increase in net income in the first six months of 2026 despite weaker earnings from its coal business. In a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, Aug. 5, SMPC said it posted a consolidated net income...
DAVAO CITY – The Davao City Council urged Davao Light and Power Co. Inc. to secure additional power supply outside the volatile Wholesale Electricity Spot Market, as consumers continue to face high electricity rates despite adequate power reserves in Mindanao. The council approved resolutions...
Consumers and lawmakers cheered the SONA pledge to scrap system loss charges as if Christmas had come early with a gift-wrapped power discount. But electricity has a wicked sense of humor: erase the line item today, and the cost may quietly return tomorrow wearing a different name. After all, no...
ILOILO CITY – Panay Island is a potential site for a nuclear power plant as the national government is looking for cheaper and reliable energy for the people. “(But) it’s your decision,” said Pangasinan second district Rep. Mark Cojuangco, chairman of the House Special Committee on Nuclear...
President Ferdinand Marcos Jr. earned widespread public approval when he declared in his fifth State of the Nation Address that consumers should no longer pay the system loss charge on their electricity bills. His reasoning was straightforward. Electricity lost before it reaches homes and...
ILOILO CITY – MORE Electric and Power Corp. (MORE Power) thanked the Iloilo City Police Office (ICPO) for helping them curb illegal connections here. MORE Power President and Chief Executive Officer Roel Z. Castro said the ICPO does not only maintain peace and order in the city but is also...
President Marcos on Monday called on Congress to immediately amend the Electric Power Industry Reform Act (EPIRA), saying consumers should no longer shoulder systems loss charges in their electricity bills because these are not their responsibility. The announcement, made during his fifth State of...
More than 6,500 fans were transported back to Middle-earth as the third season of the epic fantasy series, “The Lord of the Rings: The Rings of Power” was announced a t the San Diego Comic-Con. Showrunners J.D. Payne and Patrick McKay were joined by several of the show’s cast for an...
Angry at your electricity bill? Good. That’s the first spark of consumer revolt. If the “power of choice” remains stuck in regulatory traffic, consumers need to unlock their own options: solar on their rooftops or collective purchasing via the Retail Aggregation Program (RAP) to knock down...
South Cotabato II Electric Cooperative Inc. (Socoteco II) gained backing from its member-consumer-owners for the proposed conditional joint venture agreement with IGNITE Power Inc. as the electric distribution utility moves to rehabilitate and modernize its aging power grid. In a statement, IGNITE...
While stock analysts expect Maynilad Water Services Inc. to be a shoo-in for the Philippine Stock Exchange index (PSEi) next month, the bourse’s revamped criteria for index inclusion are expected to make Aboitiz Power Corp. (AboitizPower) and Synergy Grid & Development Philippines Inc. (SGP)...
