A proposed P9.45-billion liquefied natural gas (LNG) power project could strengthen Aurora’s bid to attract data centers, hyperscalers and energy-intensive industries, although its development remains subject to a feasibility study.
Sarangani Energy Corp. (SEC), part of the Alsons Power Group, was named the Philippines’ most compliant coal-fired power generator under the Wholesale Electricity Spot Market (WESM), earning a 97.71% compliance rating in industry recognition awarded by the Philippine Electricity Market Corp. (PEMC).
Fuel prices willl see mixed adjustments for the fourth week in a row, taking effect Tuesday morning, October 27. Gasoline will go down by P0.30 per liter, while diesel rises P1.20 per liter and kerosene goes up by P0.50 per liter, as confirmed by major suppliers including Petron and Seaoil, following the Department of Energy’s announcement Monday.
The Department of Energy (DOE) confirmed Monday the government is pursuing multiple financing avenues to kickstart the country’s nuclear energy program, with the United States offering at least $5 billion in potential funding support.
The Energy Regulatory Commission (ERC) has unveiled a draft five-year roadmap that will gradually expand retail electricity choice, bringing more competition and supplier options to more power users across the country.