Primelectric Holdings Inc. (PHI) has signed a joint study agreement with Saudi Arabia's ACWA Power to explore renewable energy (RE) and storage opportunities in the Visayas and Palawan.
The Energy Regulatory Commission (ERC) on Monday announced that the National Grid Corporation of the Philippines (NGCP) may begin collecting up to ₱28.29 billion in transmission rate adjustments starting August this year following the regulator’s approval of the utility’s fourth rate reset and under-recovery charges from 2016 to 2022.
The various fuel retailers will roll back pump prices for the second consecutive week starting Tuesday, 8 July, with gasoline down by ₱0.70 per liter, diesel by ₱0.10, and kerosene by ₱0.80, according to announcements from the major players including Caltex, Seaoil, PTT, and Clean Fuel.
The Makati Business Club (MBC) has raised critical concerns about the viability of Waste-to-Energy (WTE) and biomass projects in the Philippines, highlighting unresolved cost, regulatory, and feedstock supply issues that could undermine their inclusion in the upcoming Green Energy Auction (GEA) round.