Energy
Stable power assured for summer and elections, but risks of shortfalls remain
The Department of Energy (DOE) has assured the public that power supply during the summer months and upcoming elections remains stable.
Fuel prices rise by P1+ per liter this week
Fuel prices surge across the board this week, with gasoline increasing by P1.40 per liter and both diesel and kerosene rising by P1.20 per liter.
ACEN secures P34.41B Loan for Quezon-Laguna wind farm
ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.
EGCO secures 15-year PSA for Quezon Power
Electricity Generating Public Co. (EGCO), a Thai energy company, has secured a 15-year power supply agreement (PSA) of 400 megawatts (MW) for its coal-fired Quezon Power plant in Mauban, Quezon.
Regulators collaborate in boosting power genco compliance with listing rules
The Energy Regulatory Commission (ERC) has renewed close coordination with the Securities and Exchange Commission (SEC) in boosting power generation company (genco) compliance to mandatory listing rules that at the moment seems to have been loosely observed.
