Energy
NPC plans accelerated transition to renewable energy for diesel plants
Newly appointed National Power Corp. (NPC) president Jericho Nograles is committed to advancing the hybridization of its diesel-fired power plants with renewable energy (RE).
Fuel prices to see mixed movements this week
Jetti Petroleum Inc. has announced that fuel prices will experience mixed adjustments this week, with gasoline prices expected to drop by P0.10 up to P0.30 per liter, while diesel prices may rise by P0.60 up to P0.80 per liter. These changes are based on last week's crude oil trading trends.
DOE mulls incentives for nuclear projects
The Department of Energy (DOE) is considering introducing financial incentives to support local nuclear energy projects, likely modeled after the Green Energy Auction (GEA) program, a senior official revealed at the Philippine International Nuclear Supply Chain Forum 2025.
DOE backs carbon markets to fund clean energy shift
The Department of Energy (DOE) on Thursday said that efforts to reduce carbon emissions need not come at the cost of economic growth. Energy Secretary Sharon Garin, through a speech delivered by Undersecretary Felix William Fuentebella at a Makati forum, said decarbonization and development should be seen as complementary goals.
ACEN backs subsidiary with P900M for wind power
ACEN Corp., the energy arm of Ayala Corp., has extended a P900 million loan to its subsidiary, Giga Ace 6 Inc., to support the development of a major wind power project in Quezon and Laguna.
