WESM system enhancements eyed By MYRNA M. VELASCO The country’s Wholesale Electricity Spot Market (WESM) will be undertaking enhancements on its new market management system (NMMS) so it can accommodate the registration of more participants that will be joining the lowering of threshold of the...
Businesses to save 23% cost on energy efficient technologies By Myrna M. Velasco Businesses that will adopt energy efficient technologies are expected to save more than 20 percent in cost, especially on their energy expenses. Senate Committee on Energy Chairman Sherwin T. Gatchalian said “we’ve...
The Department of Energy (DOE) has greenlighted the terms of reference (TOR) for the procurement of additional power supply by Manila Electric Company (Meralco)to serve its peaking requirements, especially in the summer months. The giant utility firm announced to the media that the targeted...
Just like he promised, President Duterte returned to typhoon-ravaged provinces Wednesday, Dec. 22 to personally hand out orders for both relief and rehabilitation efforts. President Rodrigo Duterte speaks to Dinagat Island residents on Dec. 22, 2021 (Screenshot from Facebook live) "President...
The Department of Energy (DOE) has strongly warned ‘profiteers’ of oil commodities that they will be penalized for illegal retailing activities in the calamity-stricken areas in Visayas and Mindanao. The energy department reported this week that several gasoline stations as well as depots in...
President Duterte has committed an additional P10 billion to assist the provinces that felt the wrath of typhoon "Odette" over the weekend. President Rodrigo Duterte (center) presides over a meeting with local officials of Negros Occidental, uniformed personnel, and officials from the national and...
President Duterte gave direct instructions to his Cabinet officials to respond to the key needs of residents of Cebu and Bohol, which were ravaged by typhoon "Odette" over the weekend. (Malacañang photo) This was confirmed in a statement Monday afternoon, Dec. 20 by Cabinet Secretary and Acting...
Filipino consumers will need to allot additional budget for their fuel expenses if they will go on a Christmas holiday-shopping rush as gasoline and diesel prices will increase by P0.55 per liter this week. Kerosene, which is the other fuel commodity in the weekly price adjustments, will also go up...
The soon-to-be enacted Comprehensive Roadmap for the Electric Vehicle Industry (CREVI) is mandating the harmonization of standards for charging stations, the main infrastructure support for the emerging EV industry in the country. In his sponsorship speech on the passage of the proposed EV Act at...
Oil prices will climb again next week by P0.55 to P0.70 per liter but consumers in areas hit by Typhoon Odette will be spared from forthcoming adjustments at fuel pumps. Based on the calculation of the oil companies, gasoline prices will rise by P0.45 to P0.55 per liter while diesel will increase...
Lopez-led FP Island Energy Corporation, a subsidiary of First Philippine Holdings Corporation (FPHC), has made possible the long-desired reliable electricity services in at least three island-domains in Camarines Sur province. The areas that can now enjoy round-the-clock power supply are the...
The Department of Energy (DOE) said it cannot commit yet if Filipino consumers in the typhoon Odette-battered areas in Visayas and Mindanao will fully regain their electricity services before the Christmas celebrations next week. In a press briefing, Energy Undersecretary Felix William B....
