News updates and features about the power and energy sector in the Philippines

1 day ago · The Independent Electricity Market Operator of the Philippines (IEMOP) reports that electricity prices eased at the start of the year, with the system average price decreasing by 14.3% to Php 2.96 per kilowatt-hour (kWh). Total energy generation dropped by 2.75% from December’s 9,245 GWh to 8,991 ...

Manila Electric Company (MERALCO) clarifies that the Php 25 billion capital expenditure (capex) budget proposed for 2025 is dedicated to strengthening its distribution utility operations. ..

Jan 13, 2025 · The Department of Energy (DOE) has identified around 7,000 megawatts (MW) of power projects slated for completion in 2025, a move that, once it comes to fruition, will enhance the country’s energy sustainability, meet rising electricity demand, and improve the reliability of the energy supply while minimizing environmental impacts.

Manila Electric Company (MERALCO) clarifies that the Php 25 billion capital expenditure (capex) budget proposed for 2025 is dedicated to strengthening its distribution utility operations. ..

About. The power sector in the Philippines is undergoing many changes – the demand for energy continues to rise and there is still a lot of work to be done to meet the country’s growing needs.

2 days ago · Vivant advances RE with Php 4.5 Billion capex for solar and wind projects for 2025; MERALCO eyes stable power supply on May 2025 elections; MERALCO says Php 25B CAPEX for 2025 is for boosting distribution utility operations

Feb 14, 2024 · The Department of Energy (DOE) anticipates a significant capacity addition of 3,309 megawatts in the country this year, including 334 megawatts from battery energy storage systems (BESS).

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Nov 6, 2024 · The price for October 2024 billing scaled to 13.1%, reaching around Php 4.39 per kilowatt-hour (kWh), according to data from the Independent Electricity Market Operator..