Meralco is lining up 450 megawatts of additional power capacity and reinforcing its distribution network to keep electricity flowing to more than 8.3 million customers as El Niño brings hotter weather and the risk of higher electricity bills.
The Alcantara family’s Alsons Consolidated Resources Inc. leaned on rising electricity demand in Mindanao to deliver stronger first quarter earnings despite growing geopolitical and economic uncertainty.
Amid an alarming trend of quiet 'sell-offs' of power projects by foreign investors, it is imperative to find a long-term, sustainable solution swiftly.