Energy & Mining
ERC approves mid-merit gas auction rules
The Energy Regulatory Commission (ERC) has formally approved the implementing rules governing the Department of Energy’s Mid-Merit Natural Gas Capacity Auction Program, while also opening for public consultation a new secondary price cap designed to rein in excessive costs in the country’s reserve and ancillary services market.
Fuel prices set for big drop this week
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.
Gov’t eyes LGU fund realignment as El Niño threatens farms, water supply
The government is weighing a realignment of Local Government Support Fund (LGSF) allocations to channel more money toward provinces, cities and municipalities facing the greatest risks from a potentially very strong El Niño, with drought impacts expected to intensify by January 2027.
Prime CoreGen audits affirm safeguards across 2,000-MW gas fleet
Prime CoreGen’s four gas-fired power plants in Batangas have cleared international management system audits, reinforcing operational safeguards across a combined capacity of about 2,000 megawatts that helps meet Luzon’s electricity requirements.
PCPPI taps First Gen for renewable energy supply, strenghtening sustainable operations
Pepsi-Cola Products Philippines, Inc. (PCPPI) has sealed a partnership with the First Gen Group to power three of its manufacturing plants with geothermal energy, moving forward with its goal of cleaner and more responsible business operations.
