Meralco PowerGen Corp. (MGEN), the generation arm of Manila Electric Co., (Meralco) said Tuesday it aims to lead the country’s path towards energy transition.
MGEN, through president and chair Emmanuel Rubio, laid out their low-carbon strategy with advanced solar technologies using battery energy storage systems, its growing liquefied natural gas (LNG) portfolio and the potential for nuclear energy development in the country at the 2025 Philippine Electric Power Industry Forum (PEPIF), organized by the Independent Electricity Market Operator of the Philippines (IEMOP).
“Our mission in MGEN is clear: we will lead the country’s energy transition. This year, liquefied natural gas [LNG] overtook coal as our main energy source, while renewables will be overtaking coal next year,” Rubio said.
He said MGEN’s ongoing investments in renewable energy, and LNG are key to navigating the country’s evolving energy demands.
“The path to a low-carbon future is challenging, but it is one we must take—for our planet, for our economy, and for future generations,” Rubio said.
“Through these investments, we are addressing the energy trilemma—ensuring that the Philippines has a stable, affordable, and sustainable energy future,” he said.
The company said it plays a vital role in helping the country achieve its energy goals as it expands its pipeline of renewables and continued investments in low-carbon technologies.
MGEN’s renewable energy portfolio now stands at almost 400 megawatts of net sellable capacity, spanning seven provinces including Bulacan, Ilocos Norte, Batangas and Tarlac, along with its newly energized solar farms in Nueva Ecija, Rizal and Isabela.
It is expected surpass its goal of 1,500 MW of renewable energy capacity by 2030 and remains committed to being a dependable power generator that supports energy security, affordability and sustainability for the long term.