Energy & Mining

The Energy Regulatory Commission (ERC) and the National Grid Corporation of the Philippines (NGCP) have signed a compromise agreement that resolves years of legal battles over regulatory fees, clearing the way for additional public funding. Signed Thursday at the ERC headquarters in Pasig, the pact settles long-running disputes over permit fees and annual supervision and regulation charges, with both sides agreeing to set aside their differing positions on the matter.

Yuchengco-led PetroWind Energy Inc. has signed a Renewable Energy Payment Agreement (REPA) with state-run National Transmission Corp. (TransCo), locking in guaranteed pricing for its 13.56-megawatt Nabas Wind Power Project Phase 2 in Aklan. This follows the project securing its Green Energy Auction tariff in 2022, plus a provisional operating permit from the Energy Regulatory Commission in May 2026 and a formal tariff endorsement from the Department of Energy in July 2026.

The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.

The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.

Alternergy Holdings Corp. has raised P2 billion from its maiden fixed-rate notes issuance, tapping the Philippine debt capital market to fund the next phase of its renewable energy expansion.