Energy & Mining
DOE revamps GEA with focus on offshore wind viability
The Department of Energy (DOE) on Tuesday announced a shift in its Green Energy Auction Program (GEA5), introducing a more holistic and commercially grounded approach for offshore wind project evaluation.
DOE clears battery storage projects for grid impact study
The Philippine Department of Energy (DOE) has cleared 21 battery energy storage system (BESS) projects for system impact studies (SIS) with the National Grid Corporation of the Philippines (NGCP) in May.
Gas, diesel, kerosene prices slashed as oil risk premium falls
Fuel prices across the country will decline significantly starting Tuesday, following the de-escalation of tensions between Israel and Iran, which led to a drop in global oil risk premiums.
Cooler climate tempers Meralco sales growth; commercial, residential demand hold steady
Meralco, the country's largest power distributor, projects marginal growth in power sales for 1H 2025, a slowdown attributed primarily to cooler summer weather conditions that reduced energy consumption, particularly in the residential segment. Despite this, the company maintains a degree of resilience, with slight upticks in retail trade and restaurant-driven demand, signaling continued post-pandemic consumer activity.
PHI cuts power rates, delivers household savings in Visayas
Razon-led Primelectric Holdings Inc. (PHI) is accelerating infrastructure upgrades, system loss reduction initiatives, and smart market strategies across its three power distribution utilities to maintain competitive electricity rates and enhance service quality.
