Energy & Mining

Energy transition within Southeast Asia must keep pace with economic growth while allowing member states to pursue different routes based on their resources and circumstances, Energy Secretary Sharon Garin said Tuesday, as countries within the Association of Southeast Asia Nation faces surging power demand and mounting pressure to decarbonize.

For an industry built on keeping the lights on, Manila Electric Co. (Meralco) is also thinking several years ahead.

Aboitiz Power Corp. sold two 121-MW power barges to Visayas distributor MORE Electric and Power Corp., completing the transfer last Friday and announcing it Monday. Terms were undisclosed.

Yuchengco-led BKS Green Energy Corp. has obtained official approval from the Energy Regulatory Commission (ERC) to build and operate a dedicated point-to-point transmission system supporting its 33.831-megawatt Limbauan Solar Project Phase 2 in San Pablo, Isabela.

The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.