Energy
Fuel prices rise again, hitting households and businesses
Fuel prices in the Philippines continue to climb, with gasoline up by P0.60 per liter and diesel and kerosene rising by P1.20 per liter, marking the seventh consecutive week of increases for gasoline and the eighth for diesel and kerosene in 2026.
WEDAP sees strong potential in P11/kWh offshore wind tariff
The Wind Energy Developers Association of the Philippines Inc. (WEDAP) has expressed optimism over the Energy Regulatory Commission’s approval of an initial P11 per kilowatt-hour (kWh) tariff for offshore wind (OSW) projects.
ERC raises offshore wind auction price to P11/kwh, signals more adjustments ahead
The Energy Regulatory Commission (ERC) has raised the Green Energy Auction Reserve (GEAR) price for offshore wind projects to P11 per kilowatt-hour (kWh) under the fifth round of the government’s Green Energy Auction (GEA-5) program.
Diesel seen jumping over peso per liter this week
Fuel prices are set to rise again this week, adding pressure on businesses and households already coping with steady increases since the start of the year.
MPower expands retail aggregation deal with Mr. Freeze
MPower, the retail electricity supplier of Manila Electric Company (Meralco), has expanded its partnership with Mr. Freeze Tube Ice Inc. by enrolling four more ice plants under the Retail Aggregation Program (RAP).
