Energy & Mining
IEMOP rejects claims of consumer impact from WESM defaults
The Independent Electricity Market Operator of the Philippines (IEMOP) clarified Tuesday that unpaid obligations in the Wholesale Electricity Spot Market (WESM) are not passed on to consumers, rejecting concerns of pricing malpractice and consumer burden.
Razon’s Prime Infra finalizes deal to buy 60% of First Gen gas units
First Gen Corp., the listed power generation arm of the Lopez Group, has finalized a deal to sell a 60 percent stake in its Batangas-based natural gas businesses to Prime Infrastructure Capital Inc., owned by tycoon Enrique Razon.
ERC leadership vacuum raises alarm among energy stakeholders
The resignation of Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta has sparked serious concerns across the Philippine energy sector, with key groups warning of a destabilizing leadership vacuum at a critical regulatory agency.
Aboitiz Power to build 30-MW battery storage system in Mactan ecozone
Aboitiz Power Corp. subsidiary East Asia Utilities Corp. (EAUC) is set to develop a 30-megawatt hybrid battery energy storage system (BESS) at the Mactan Economic Zone, targeting completion by the first half of 2026.
Dagohoy solar plant begins commercial operations in Bohol
PetroEnergy Resources Corp. (PERC) announced that its 27.121 MW Dagohoy solar power plant in Bohol has officially commenced commercial operations as of Wednesday, 16 July 2025.
