The country’s love affair with coal technology is far from over, as the current official project list of the Department of Energy (DOE) still casts 11,289 megawatts of committed and indicative coal plant projects due for developments in the short to medium term. For committed power...
Existing generating facilities with definitive expansion plans will be excluded from the coverage of the coal moratorium policy that was finally firmed up by the Department of Energy (DOE) in an advisory that it issued this week. Aside from expansion projects, exempted from the prohibited coal...
Year-ender Today, I give you pain. Tomorrow, who knows? For industry players in the energy sector, that’s their tale of woe this year given decimated top and bottom lines with demand crash on energy commodities. Onward, uncertainties hold sway. At the height of the lockdown period in March-May,...
The blueprinted expansion projects in coal-fired power installations are being mulled to be excluded from the coal moratorium declaration of the Department of Energy, according to Director Mario C. Marasigan of the agency’s Electric Power Industry Management Bureau....
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has forthrightly declared that it will no longer extend financing to new coal-fired power projects in the Philippines. That came as a daring statement from RCBC President and CEO Eugene S. Acevedo, the first bank chief executive to do so...
The moratorium on new coal-fired power projects will only cover yet-to-be-proposed investments, according to Energy Secretary Alfonso G. Cusi. In a virtual press briefing, he classified that even the indicative projects will still have to be processed by the Department of Energy (DOE) and these may...
Clean energy sources will be ‘green with envy’ as coal fuel sustained its dominance in the country’s power generation mix last year with a share of 54.6 percent, according to Department of Energy (DOE) data presented in the Senate. Coal’s fraction in the power generation pie was followed by...
The Department of Energy (DOE) is currently reviewing and processing at least 39 new projects that have applied for certificates of energy projects of national significance (CEPNS) so they can be extended streamlined processes in their permitting and licensing requirements....
