The Department of Energy (DOE) announced that 10 companies and 14 projects have passed pre-qualification for the country’s first mid-merit natural gas capacity auction, clearing the way for actual bidding soon.
The Department of Energy (DOE) confirmed that United States-based exploration firm Koloma Inc. is pursuing two additional service contracts to develop natural hydrogen resources in the Philippines, following encouraging findings from its existing areas.
The Department of Energy is moving to create a weekly National Fuel Risk Index, a key tool to track fuel supply, prices and demand and give the government early warning of potential shortages and global market shocks before these hit local consumers and businesses hard.
The Energy Regulatory Commission (ERC) is laying the groundwork for a major expansion of consumer choice in the Philippine electricity market, with household customers potentially able to choose their power supplier by 2031.
Manila Electric Co., the country’s largest power distributor by sales with a renewable energy portfolio, is betting that the Philippines’ energy transition will require more than a rapid shift to renewables—it will demand a careful balancing act between decarbonization, power reliability, and affordability.