ILOILO CITY – MORE Electric and Power Corp. (MORE Power) vowed better services this year in Iloilo City and continue preparing for the expansion of services in Iloilo province. “There are new customer programs that we will be launching and improving this year here in Iloilo as well as in our...
Electric vehicle (EV) adoption is accelerating at breakneck speed, thanks largely to number-coding exemptions. But with no strategy to remove aging fleets, Metro Manila’s traffic mess is getting worse, not greener. Ask EV buyers why they’re switching and the answer is telling: it’s not...
The country’s antitrust regulator approved the sale of three Luzon hydroelectric power plants to a unit of Aboitiz Power Corp. after the conglomerate pledged to cap prices and maintain supply levels to prevent market dominance in the grid’s reserve power sector. In a statement, the Philippine...
Last year, the Department of Energy (DOE) stamped its confidence on Malampaya with the drilling of three new wells, promising fresh gas flows from the country’s only commercial field starting this 2026. The drilling timetable had slated October–November 2025 as the completion date; yet months...
Citicore Power Inc. (CPI) is distributing shares of solar energy developer Citicore Renewable Energy Corp. (CREC) to its shareholders Edgar Saavedra and Oliver Tan to consolidate their direct interest in the publicly listed CREC. In a disclosure to the Philippine Stock Exchange (PSE), CREC said CPI...
In his 29 years in the power generation industry — eight in the Therma Visayas power plant in Toledo City, Cebu — Nilo Lumbaca, 56, has always aspired to be the best he can be because of his family. “Outside of work, I really value spending quality time with my family. Being with them...
As Christmas greetings made the rounds, so did quieter whispers of an unsettling rumor: that a major mining company shareholder is allegedly being groomed to take the helm of the Department of Environment and Natural Resources (DENR). This raises a troubling scenario: Is current Environment...
ILOILO CITY – MORE Electric and Power Corp. (MORE Power) electricity rate here went down this month by P0.50 to P11.35 per kilowatt-hour from P11.85 in November. MORE Power attributed the rate decrease to the increased supply margin resulting in lower prices at the Wholesale Electricity Spot...
For what it’s worth, Ferdinand Marcos Sr.’s energy policy remains a benchmark for sustainability and reliability. Had the 620-megawatt Bataan Nuclear Power Plant (BNPP) not been shelved by the Aquino administration, Filipinos would likely have enjoyed cheaper electricity rates from that...
Maharlika Investment Corp.’s (MIC) ₱19.7-billion acquisition play for a 20 percent stake in Synergy Grid and Development Philippines Inc. (SGP), the holding gateway to transmission firm National Grid Corporation of the Philippines (NGCP), failed to close on the original schedule. This failure...
While Filipinos are being told to feast on crumbs for a ₱500 noche buena this Christmas, how can anyone expect us to stomach a power capacity addition that will compel consumers to pay a gut-wrenching ₱14 per kWh for offshore wind? This energy source is being served like a luxury entrée to a...
BACOLOD CITY – A bottling company is embracing renewable energy and strengthening sustainability efforts by installing solar power plants that would generate 8.34 megawatts (MW) of electricity in all 11 industrial plants nationwide. Pepsi-Cola Products Philippines Inc. (PCPPI) president Phyo Phyu...
