Energy & Mining

Philex Mining Corp. and its rank-and-file workers’ union have reached a settlement to end a labor dispute, paving the way for a new collective bargaining agreement (CBA) that covers a period thorough 2030.

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

First Gen Group has completed and officially switched on a rooftop solar installation at NKC Manufacturing Philippines Corporation—Cebu-based subsidiary of Japan’s NKC Group—just four months after signing the deal, in a bid to secure reliable power amid Visayas supply challenges.

The Energy Regulatory Commission (ERC) has released the guidelines extending the suspension of power service disconnections through the end of December 2026 for qualified low-income residential consumers, balancing immediate household relief with strict settlement conditions for distribution utilities.

Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.