Fuel prices are expected to drop again on Tuesday, July 9, providing relief for both businesses and households. According to Jetti Petroleum Inc., gasoline prices may fall by P0.70 to P0.90 per liter while diesel could see a reduction of P0.10 to P0.30 per liter.
A fresh surge of momentum has swept into the Tanay Wind Power Project, the flagship green energy initiative of listed power firm Alternergy Holdings Corp.
MGen Renewable Energy Inc. (MGreen), the green energy arm of Meralco PowerGen Corp. (MGen), is exploring the possibility of a public listing, with key advisors recently retained to guide the process, its listed affiliate, SP New Energy Corp. (SPNEC) told the Philippine Stock Exchange.
The Manila Electric Co. (Meralco) expects a boost in energy sales in the second half of 2025, driven by rising demand from the construction sector and related commercial activities.
The average electricity price at the Wholesale Electricity Spot Market (WESM) declined by 3.9 percent in June, bringing the national rate down to ₱3.86 per kilowatt hour (kWh) from ₱4.01/kWh in May, according to data from the Independent Electricity Market Operator of the Philippines (IEMOP).