August 13, 2022

First Gen income down 13% in H1

By Myrna M. Velasco – August 12, 2022, 4:33 PM from Manila Bulletin Owing to disrupted fuel supply in its gas-fired power plants due to the depleting state of the Malampaya gas field, the recurring net income of First Gen […]
August 13, 2022

WESM rates up for 2nd straight month in July

By Richmond Mercurio – August 12, 2022 | 12:00am from The Philippine Star MANILA, Philippines — Low supply levels despite decreased demand drove average electricity spot market prices to their second consecutive month of increase in July. In a virtual […]
August 12, 2022

Energy efficiency industry seeks bigger role in DoE decarbonizaton, energy security plans

By Ashley Erika O. Jose – August 10, 2022 | 8:15 pm from Business World THE energy efficiency industry said it is seeking to carve out an explicit role for itself in the Department of Energy’s (DoE’s) plans to achieve […]
August 12, 2022

DoE backs full foreign ownership of renewable energy projects

By Alyssa Nicole O. Tan – August 10, 2022 | 8:26 pm from Business World THE DEPARTMENT of Energy (DoE) said on Wednesday that it supports 100% foreign ownership of renewable energy projects to facilitate the Philippines’ shift to indigenous […]