energy

Electricity spot prices up as ‘extreme heat’ overpowers supply

The prices of electricity traded on the spot market in March almost doubled as demand…

Makati Business Club pushes for EO to fast-track grid dev’t

The Makati Business Club (MBC) is calling on the government to issue an executive order…

Plant outages expected in Luzon, Visayas

Power supply in the country may run low in the latter part of summer when…

No energy shortfall this summer, energy dep’t assures

The government is confident that the country will have sufficient energy supply for the hotter…

PH gets $800M for energy transition

The Philippines’ goal of jacking up clean power generation has gained strong financial support as…

DOE begins assessment of possible nuke sites

The Department of Energy (DOE) has started assessing potential sites across the country that can…

ACEN unit secures P34.4B for wind project

A unit of Ayala-led ACEN Corp. has obtained P34.4 billion from three local lenders to…

CREIT sustains growth with P1.4-B earnings

Citicore Energy REIT Corp. (CREIT), the country’s first renewable energy real estate investment trust (REIT),…

Meralco ‘prepared’ for stable summer

Power distributor giant Manila Electric Co. (Meralco) assured its customers on Monday of its “readiness”…

Regulator still ‘hopeful’ for amended power industry reform law

The Energy Regulatory Commission (ERC) is still hoping for amendments to the 23-year-old Electric Power…