In what could be an indication of rebound in electricity demand, the National Electrification Administration (NEA) reported that the energy sales of electric cooperatives (ECs) had been up by 3.0-percent in the third quarter of 2020. The government-run agency noted that based on data gathered by...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is disposing another real estate asset by March 25 next year – and this time, it is a bigger-scale property in Barangay Lagundi in Mexico, Pampanga spanning 50,447 square meters. The company issued invitation to bid...
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 Department of Energy (DOE) has green-lighted ‘indefinite extension’ on the award of feed-in-tariff (FIT) incentives for run-of-river (ROR) hydropower projects that will be pursued by renewable energy (RE) developers. Energy Secretary Alfonso G. Cusi In an advisory issued by Energy Secretary...
Electricity consumers will be greeted with a “Happy New Year rate hike” as they will need to pay more as subsidy to renewable energy (RE) projects via the feed-in-tariff allowance (FIT-All) line item in the electric bills that had been jacked up to P0.0983 per kilowatt hour (kwh), almost double...
Token rollback in pump prices will give consumers slight savings this week, as the cost of diesel products will be reduced by P0.05 per liter; while kerosene will have a heftier cut of P0.25 per liter. The oil companies advised that there will be no price movement in gasoline products this week,...
The Department of Energy (DOE) has forthrightly stated that it has not given any approval yet to the proposal of the National Renewable Energy Board (NREB) to hike renewable energy (RE) installations to annual increment of 2.0 to 2.2-percent from what is presently cast at 1.0-percent increment....
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....
Roughly 70-percent of the country’s electric cooperatives (ECs) scored ‘highest rating’ in a recent performance assessment carried out by the National Electrification Administration. The agency announced that 85 out of the 121 ECs nationwide had been bestowed with “AAA” rating or...
For consumers served by the country’s 121 electric cooperatives, electrification level already topped 14-million customer connections, according to the National Electrification Administration (NEA). Based on data released by the agency’s Information Technology and Communication Services...
Despite a less-than-ideal Christmas and New Year celebrations this year, the Department of Energy (DOE) is trying to compensate that with assurance that the holiday break will not be messed up with power service interruptions. Energy Secretary Alfonso G. Cusi (Photo credit: https://www.doe.gov.ph)...
Filipinos were just up with heavy spending on their Christmas shopping, but there is financial relief that they can look forward to as pump prices are anticipated to be on slight rollback next week. MB file photo. (Mark Balmores) Based on the initial calculation of the oil companies, gasoline...
