Manuel V. Pangilinan-led Manila Electric Company (Meralco) has strengthened its collaboration with Korea Electric Power Corporation (Kepco) to accelerate the adoption of cutting-edge energy technologies in the Philippine energy industry.
Meralco and KEPCO signed a memorandum of understanding (MOU) to foster technical cooperation and exchange programs in the field of new energy technology. These include nuclear energy, renewable energy, smart grids, microgrids, energy storage systems, electric vehicles, advanced metering infrastructure, smart substations, and distribution automation.
Both companies will also engage in technical competency development through information and employee exchange programs for specific training courses. Additionally, they will explore potential collaborations in advisory and consulting services, as well as other power and energy initiatives of mutual interest.
Through this strengthened partnership, Meralco and Kepco reaffirm their shared commitment to driving innovation and advancing the energy landscape in the Philippines.
“This memorandum of understanding marks an important step for both Kepco and Meralco. Enshrined here is a commitment to exchange knowledge, strengthen capabilities, and work together toward a smarter, more resilient energy future,” Pangilinan said.
“We’re looking forward to work together with Kepco. This collaboration allows us to refine our strategies, integrate new technologies, and find better ways to power the future. Beyond the business objectives, we want to forge and strengthen relationships that will drive meaningful progress,” he said.
This latest partnership builds on Meralco’s earlier MOU with Kepco, and its Knowledge Data Network signed in November last year to advance the use of smart metering technologies.
Committed to provide 24/7 power to its over eight million customers, Meralco is continuously working with industry players to progress investments on innovative projects that will strengthen its electricity distribution system and contribute to ensuring energy security in the Philippines in the long run.
