The Federal Open Market Committee (FOMC) on Thursday held the federal funds target range steady at 4.25 percent to 4.5 percent, citing steady economic growth and lingering inflationary pressures.
Meralco PowerGen Corp. (MGen) subsidiary Pacific Light Power Pte Ltd. (PLP) based in Singapore has commissioned a 100-megawatt (MW) fast-start ancillary services facility on Jurong Island, boosting its commercial capabilities in the city-state's highly competitive energy market.
Environmental stakeholders are urging the government to intensify support for the proposed Integrated Coastal Management Act and Coastal Greenbelt Bill, citing urgent ecological and policy implications.
Retail electricity supplier Evo Energi Inc. has been tapped by 22 companies to supply power under the Retail Aggregation Program (RAP), the Energy Regulatory Commission (ERC) said, marking the commercial move toward cost-efficient and flexible energy sourcing in the country.