Brix Lelis
Brix Lelis
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NGCP cheers Marcos’ support for power projects
by Brix Lelis - July 24, 2024 - 12:00am
The National Grid Corp. of the Philippines has welcomed President Marcos’ continuing support for its efforts to improve the reliability of the country’s power transmission network.
AboitizPower profit hits P17 billion in H1
by Brix Lelis - July 24, 2024 - 12:00am
The earnings of Aboitiz Power Corp. slipped by four percent to P17.1 billion in the first half from P17.8 billion in the same period last year, despite higher energy sales.
Marcos eyes EPIRA review to cut power costs
by Brix Lelis - July 24, 2024 - 12:00am
President Marcos is calling for the review of Republic Act 9136, or the Electric Power Industry Reform Act, in an attempt to bring down the cost of electricity nationwide.
Consumer groups urge President Marcos to axe taxes on electricity, fuel
by Brix Lelis - July 22, 2024 - 12:00am
Ahead of President Marcos’ third State of the Nation Address (SONA) on Monday, consumer advocacy groups have called for a review of tax policies on electricity and fuel amid soaring prices of basic goods and...
More renewable energy projects coming on stream for PetroEnergy
by Brix Lelis - July 22, 2024 - 12:00am
Yuchengco-led PetroEnergy Resources Corp. (PERC) is revving up its growth with the development and energization of seven new renewable energy (RE) projects.
Clean energy race: Green light or red flag?
by Brix Lelis - July 22, 2024 - 12:00am
The Philippines has shifted into high gear and revved up the engine toward a greener finish line, but the race is still far from over as roadblocks in the energy transition continue to pile up.
‘Philippines needs P587 billion to subsidize electricity’
by Brix Lelis - July 22, 2024 - 12:00am
The country would need about P600 billion to provide energy subsidies and lower the cost of electricity nationwide, a senior energy official said.
US vows more robust support for Philippines nuclear development
by Brix Lelis - July 21, 2024 - 12:00am
The United States is further beefing up its support for the Philippines in establishing a legal framework for the development and peaceful use of nuclear energy sources, according to a visiting regulatory offic...
Moratorium on West Philippine Sea energy exploration ‘still in place’ – DOE
by Brix Lelis - July 20, 2024 - 12:00am
The Department of Energy (DOE) has maintained that the moratorium on oil and gas exploration in the West Philippine Sea (WPS) remains in effect, countering reports that Malacañang has lifted the ban.
PXP-led consortium surrenders Linapacan block contract
by Brix Lelis - July 20, 2024 - 12:00am
The consortium led by tycoon Manuel V. Pangilinan’s PXP Energy Corp. has handed back a petroleum service contract in Palawan to the government after failing to identify any drillable prospects in the area...
Mixed pump price movements seen next week
by Brix Lelis - July 20, 2024 - 12:00am
Pump prices for petroleum products are expected to move in opposite directions next week, with gasoline leaning toward a possible increase.
SMC, ACEN units best bids for Meralco RE supply deal
by Brix Lelis - July 19, 2024 - 12:00am
The power units of Ramon Ang’s San Miguel Corp. and the Ayala Group’s ACEN Corp. have placed the best bids for Manila Electric Co.’s 500 megawatts of renewable energy supply.
NGCP to complete Cebu-Bohol interconnection by yearend
by Brix Lelis - July 18, 2024 - 12:00am
The National Grid Corp. of the Philippines new transmission project that will connect Cebu and Bohol is expected to be completed by December this year, according to the Department of Energy .
Luzon grid on yellow alert anew
by Brix Lelis - July 18, 2024 - 12:00am
After more than a month, the Luzon grid was placed under yellow alert again yesterday due to the forced outage of a 417-megawatt natural gas-powered plant in Batangas.
St. Luke’s invests P18 billion for 3rd hospital
by Brix Lelis - July 17, 2024 - 12:00am
St. Luke’s Medical Center, the newly accredited lead medical tourism facility in the country, is investing P18 billion to give birth to a new hospital in Parañaque.
SM Group drilling new geothermal power fields
by Brix Lelis - July 16, 2024 - 12:00am
SM Investments Corp., the empire controlled by the Philippines’ richest family, is further igniting investments in renewables by exploring and developing new geothermal energy sources.
Oil prices down this week
by Brix Lelis - July 16, 2024 - 12:00am
Motorists can expect lower pump prices for all petroleum products today, to reflect positive developments in the global oil market.
Meralco raises power rates by P2 this month
by Brix Lelis - July 16, 2024 - 12:00am
Electricity rates of power distributor Manila Electric Co. will increase by P2.1496 per kilowatt-hour this month, bringing the overall rate to P11.6012 per kWh from June’s P9.4516 per kWh.
DOE’s microgrid auction to power12,000 households
by Brix Lelis - July 15, 2024 - 12:00am
The Department of Energy (DOE) is expecting some 12,212 households to benefit from another round of a competitive selection process (CSP) for the development of microgrid systems in remote areas of the country.
ERC eyes lower open access threshold as early as 2027
by Brix Lelis - July 15, 2024 - 12:00am
Qualified electricity end-users consuming at least 100 kilowatt hours (kWh) a month may soon be allowed to choose their power suppliers amid plans to lower the open-access threshold as early as 2027.
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