Energy & Mining
Fuel prices roll back this week as PH supply improves
The Department of Energy (DOE) confirmed an across-the-board fuel price rollback starting August 3, ending five consecutive weeks of increases.
ERC: Meralco refund impact offset by new 36-month coat recovery
The P9.51 billion refund ordered for Manila Electric Co. (Meralco) customers will deliver reduced savings because the regulator has also approved a three-year cost recovery charge for the utility, the Energy Regulatory Commission (ERC) confirmed Monday.
DOE prepares new auction for biomass and off-grid areas
The Department of Energy (DOE) is preparing two new rounds of the Green Energy Auction (GEA) to boost renewable energy use across the country.
Marcos’ SONA vow on nuclear energy hailed as key milestone for PH power future
President Ferdinand R. Marcos Jr.’s renewed support for nuclear energy during his 2026 State of the Nation Address is the strongest national backing for the power source since the Philippines adopted its nuclear energy roadmap, according to advocacy group Alpas Pinas.
Cheaper power could unlock 161,000 jobs, World Bank says
Accelerating power sector reforms could slash electricity prices, create more than 161,000 jobs and lift about 730,000 Filipinos out of poverty by 2030, with the World Bank arguing that lower energy costs may be one of the country's biggest catalysts for faster and more inclusive economic growth.
