Tag: energy
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Colmenares Insists on Ending ‘Legalized Robbery’ Amidst Meralco Bill Shock
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Consumer advocates and the group Bayan Muna strongly condemned the “bill shock” experienced by millions of Meralco customers this April and May 2026, amidst record-high rates that hit ₱14.3496 per kWh. Bayan Muna Chairman Neri Colmenares described the situation as a form of “legalized robbery” being shouldered by ordinary Filipinos.…
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Electricity Rates Expected to Rise Amid Summer Heat and Election Campaigns
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MANILA, Philippines — Electricity rates in the country’s power spot market may increase in the coming months as demand rises due to hotter temperatures and political campaign rallies. The Wholesale Electricity Spot Market (WESM), where electricity is traded, recorded an average price of P2.96 per kilowatt-hour (kWh) last month, the…
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Fuel Prices Expected to Rise Next Week – DOE
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Motorists should brace for higher fuel prices next week, according to the Department of Energy (DOE) on Friday. Based on international trading over the past four days, DOE-Oil Industry Management Bureau Assistant Director Rodela Romero shared the estimated price adjustments for petroleum products: Gasoline – Increase of P0.45 to P0.75…
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Court Orders RCBC to Unfreeze Philippine Sanjia Steel Corporation Account
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Cagayan de Oro City, Misamis Oriental — The Regional Trial Court of Misamis Oriental, Branch 41, issued a decisive order on December 23, 2024, reiterating its earlier resolution and temporary restraining order (TRO) to enjoin Rizal Commercial Banking Corporation (RCBC) and its Lapasan Business Center Branch Manager, Sherlene Seriña, from…
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Mayor Treñas Orders Removal of Wires on Diversion Road by January 16, 2025
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ILOILO City Mayor Jerry Treñas has set a deadline for public utility companies to remove their wires and poles along the Diversion Road, also known as Senator Benigno S. Aquino Jr. Avenue, by January 16, 2025. This comes after the city government successfully dismantled the tangled wires at Calle Real…
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Motorists to Face Higher Fuel Prices as Retailers Announce Price Hike for 2025
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Motorists will see an increase in petroleum product prices this week as retailers announced a significant price hike on Monday to kick off 2025, following a rollback the previous week. In separate announcements, Seaoil Philippines Corp. and Shell Pilipinas Corp. stated they will raise the prices per liter of gasoline…
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ERC Sets P25/kWh Price Cap for Backup Power in Reserve Market
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MANILA, Philippines — The Energy Regulatory Commission (ERC) has introduced a price cap of P25 per kilowatt-hour (kWh) for backup power offered to the National Grid Corp. of the Philippines. During a recent meeting, the ERC decided to set a minimum offer price of zero per megawatt-hour and a maximum…
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Visayan Electric Lowers Residential Rates by P0.68/kWh for Holiday Season, Advises Energy-Saving Practices
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Residential consumers of Visayan Electric will experience a reduction of P0.68 per kilowatt-hour (kWh) in their December to January billing cycle. This adjustment lowers the overall residential rate from P12.19/kWh to P11.51/kWh, equating to savings of at least P136 for households consuming 200 kWh. The decrease is primarily due to…
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State of Calamity Declared in Siargao and Bucas Grande Islands Due to Power Outage
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BUTUAN CITY – On Tuesday, the Sangguniang Panlalawigan (SP) of Surigao del Norte passed a resolution declaring a state of calamity in Siargao and Bucas Grande Islands due to a prolonged power outage that began on December 1, caused by a fault in the submarine cable that supplies electricity from…
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PhD opportunity – AGS performance in supercritical settings, Glasgow, UK
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The University of Glasgow, UK has an open PhD opportunity for research on the performance of advanced, closed loop geothermal systems in supercritical settings. The post PhD opportunity – AGS performance in supercritical settings, Glasgow, UK first appeared on ThinkGeoEnergy – Geothermal Energy News.