News updates and features about the power and energy sector in the Philippines

5 hours ago · The Board of Investments (BOI) has granted green lane certification to a P12.4-billion solar power facility in Pampanga, positioning it as a key driver of economic growth, job creation, and energy sustainability in the region. The approval fast-tracks the project under the government’s strategic ...

Manila Electric Company (MERALCO) clarifies that the Php 25 billion capital expenditure (capex) budget proposed for 2025 is dedicated to strengthening its distribution utility operations. ..

Jul 22, 2024 · President Ferdinand Marcos Jr. says that the energy sector is continuously being upgraded to meet the growing demand in the next years. “As energy projects get completed and new investments pour into the sector, we expect our nation’s power supply to increase at a steady pace to meet our growing demand in the next few years.

1 day ago · The Department of Energy (DOE) says that it is in talks with President Ferdinand Marcos Jr. to reassess the country’s total electrification program, aiming to overcome funding hurdles. “Since the president is approaching the mid-term, it is a …

Jan 13, 2025 · The Department of Energy (DOE) has identified around 7,000 megawatts (MW) of power projects slated for completion in 2025, a move that, once it comes to fruition, will enhance the country’s energy sustainability, meet rising electricity demand, and improve the reliability of the energy supply while minimizing environmental impacts.

3 days ago · The Independent Electricity Market Operator of the Philippines (IEMOP) reports that electricity prices eased at the start of the year, with the system average price decreasing by 14.3% to Php 2.96 per kilowatt-hour (kWh). Total energy generation dropped by 2.75% from December’s 9,245 GWh to 8,991 ...

Manila Electric Company (MERALCO) clarifies that the Php 25 billion capital expenditure (capex) budget proposed for 2025 is dedicated to strengthening its distribution utility operations. ..

Nov 20, 2024 · The Energy Regulatory Commission (ERC) has approved three significant transmission projects proposed by the National Grid Corporation of the Philippines (NGCP) amounting to approximately P38.09 billion.

May 15, 2024 · The Department of Energy (DOE) is anticipating an 18% increase in the country’s energy capacity this year, which can reduce the risk of power supply issues in 2025.