August 30, 2024

100% electrification to inject P315b to economy

By Alena Mae S. Flores – August 29, 2024, 7:45 pm from manilastandard.net Energy Secretary Raphael Lotilla said Thursday electric cooperatives (ECs) are crucial to meeting the government’s 100-percent electrification goal by 2028. “You are the driving force behind bringing […]
August 30, 2024

ERC strengthens rules on customer choice programs

By Alena Mae S. Flores – August 29, 2024, 7:40 pm From manilastandard.net The Energy Regulatory Commission (ERC) released the omnibus rules on consumer choice program in the retail electricity market to drive competition and empower consumers. The consumer choice […]
August 29, 2024

S&P upgrades Meralco rating on strong profit

By Manila Standard Business – August 28, 2024, 7:15 pm S&P Global Ratings raised the long-term credit trading of Manila Electric Co. (Meralco) amid its continued financial strength. S&P said it expects Meralco to maintain strong financial ratios despite heavy […]
August 29, 2024

Gov’t eyes ADB financing to accelerate energy efficiency, conservation program

By Alena Mae S. Flores – August 28, 2024, 6:50 pm from manilastandard.net Asian Development Bank The Department of Energy (DOE) will need P10 billion over a five-year period starting 2026 to finance the accelerated implementation of the Government Energy […]