The Department of Energy (DOE) said the 20-day Malampaya preventive maintenance shutdown scheduled in October this year will spark higher rate hikes toward the close of the year. Energy Secretary Alfonso G. Cusi stated the higher electric bills to be paid by consumers will be mainly triggered “by...
Department of Energy (DOE) Secretary Alfonso Cusi has told the Task Force on Energy Resiliency (TFER) to prepare for the "worst-case scenario" in connection with the Taal Volcano situation, which has emerged alongside the coronavirus disease (COVID-19) pandemic. DOE Secretary Alfonso Cusi (Photo...
Despite the tight supply situation in the Luzon grid, plant owner and operator Hedcor Inc. opted to shut down its 70-megawatt Bakun hydropower facility as the host-community ignored an earlier letter from the Department of Energy (DOE) instructing the power firm to continue the operation of its...
The Department of Energy (DOE) is being urged to exercise ‘utmost transparency’ on its anticipated approval of the 45-percent Malampaya equity divestment of Shell Philippines Exploration B.V. (SPEX) to Malampaya Energy XP Pte. Lt., a subsidiary of Udenna Corporation owned by businessman Dennis...
The Department of Energy (DOE) has cemented a partnership with mobility firm Angkas, for the latter to aid in real-time monitoring of fuel prices, so Filipino consumers can be properly apprised on the gasoline stations offering competitive prices and quality services. In a statement to the media,...
Even with little exchange of information, Switzerland sees the Build, Build, Build program of the Duterte administration as a “unique opportunity” to showcase Swiss innovation and possible infrastructure cooperation between Bern and Manila. (via Embassy of Switzerland) Swiss Ambassador Alain...
Don't you wish you knew the pump fuel prices at a specific gasoline station before even going there? (Photo from DOE Facebook page) Motorists will have this convenience soon thanks to a partnership between the Department of Energy (DOE) and motorcycle taxi riding service Angkas. The partnership...
Filipino households will need to tighten their belts further as the price of cooking fuel liquefied petroleum gas (LPG) will have a big-time hike of P5.20 per kilogram or P57.20 for the standard 11-kilogram cylinder this month. lpg_petron Industry players also advised on the P2.90 per liter hike on...
The power supply crisis in Luzon has been crucifying the customers of electric cooperatives (ECs) who had to suffer rate spikes of up to P1.30 per kilowatt hour (kWh) in their electric bills. That was based on the pronouncement of the Philippine Rural Electric Cooperatives Association Inc....
Owing to its mandate of ensuring sufficient power supply for the country, the Department of Energy (DOE) has directed Hedcor Inc. to continue running the three generating units of its 70-megawatt Bakun hydropower facility in Benguet province. The power plant had been served with cease and desist...
Threat of closure of the three generating units of the 70-megawatt Bakun hydropower facility in Benguet province is seen causing ‘added stress’ on Luzon grid power supply, which is already treading on ‘tight margins’ because of forced outages predicaments of some plants. On that premise,...
The Independent Electricity Market Operator of the Philippines (IEMOP) is enforcing triggers to potential ‘red flags’ it has been tracking on the operation of the Wholesale Electricity Spot Market (WESM) – be that on unusual price spikes or in cases when capacity being traded would...