Energy & Mining
SM stays on track for 2040 emissions goal
SM Investments Corp. said it remains on course to cut its greenhouse gas emissions by 40 percent by 2040, betting that investments in renewable energy, energy efficiency, and sustainable finance will strengthen both its environmental performance and long-term business resilience.
Meralco explains power hike amid fuel price pressures
Manila Electric Co. (Meralco) said the recent increase in electricity bills was driven primarily by higher generation charges, pointing to soaring global fuel prices, a weaker peso, and the country's reliance on natural gas to maintain grid stability rather than any increase in its own distribution rates.
DOE welcomes start-up of Cotabato solar power plant
The Department of Energy has announced the first phase of the Tantangan solar project in South Cotabato is now energized.
Sectors push for policy reforms amid record-high power costs
Various groups and industry stakeholders are calling for policy changes that help bring down electricity rates at the hearing convened by the Senate Committee on Energy on Thursday. The Department of Energy confirmed earlier this week that power rates average P12.43 per kilowatt-hour in June, the highest across all 11 ASEAN member states, and slightly higher than Singapore’s for the same month.
PH, US strengthen civil nuclear energy ties in key delegation talks
Pangasinan 2nd District Representative Mark O. Cojuangco, author of the recently passed Philippine Atomic Energy Regulatory Authority (PhilAtom) Bill and a prominent nuclear energy advocate, led high-level discussions with government and industry representatives as part of the Foundational Infrastructure for Responsible Use of Small Modular Reactor Technology (FIRST) Delegation in the United States.
