Transmission firm National Grid Corporation of the Philippines (NGCP) objected to the planned audit by the Department of Energy (DOE) and two other state-run companies – the Power Sector Assets and Liabilities Management Corporation (PSALM) and National Transmission Corporation (TransCo), stating...
Forced outages and de-rating of power plants that took out more than 1,350 megawatts of capacities in the system placed Luzon grid into "red alert" on Monday, May 8, according to the advisory issued by system operator National Grid Corporation of the Philippines (NGCP). NGCP raised "red alert"...
COPENHAGEN - The final investment decision (FID) of multinational energy giant Royal Dutch Shell for its offshore wind (OSW) ventures in the Philippines will largely depend on the tariff rate that regulators will be implementing, according to a key executive of the company. In an interview, Sarah...
COPENHAGEN – Energy Secretary Raphael P.M. Lotilla told prospective global investors eyeing the Philippine offshore wind industry that the Department of Environment and Natural Resources (DENR) will soon be issuing the "regulatory framework" for the approval of environmental clearance for offshore...
COPENHAGEN – The Subic Bay Metropolitan Authority (SBMA) is planning to craft a policy that will hasten the entry of investor-proponent on the re-purposing of port infrastructure facility that will service offshore wind (OSW) investments in the Philippines. SBMA has been part of the Philippine...
Senate President Juan Miguel Zubiri on Wednesday, May 3, asked the Department of Energy (DOE) and the National Grid Corporation of the Philippines (NGCP) to solve the recurring blackouts in Western Visayas. "The DOE and the NGCP must step up and answer for the massive...
The Philippine government, through the Department of Energy (DOE), will be seeking "transition financing” from the United States that could be funneled into improving climate resiliency as well as in greening the energy infrastructure of the country. According to Energy Secretary Raphael P.M....
COPENHAGEN – The Philippine government, through the Department of Energy (DOE), has sounded off interest on accepting investment propositions and technology deployment anchored on "cradle-to-grave" parameters for nuclear power installations in the country. Energy Secretary Raphael P.M. Lotilla...
COPENHAGEN – A government-to-government collaboration is currently being discussed between the Philippines and Denmark for an "advisory work" that the Danish Energy Agency (DEA) could extend to the emerging offshore wind industry of the Philippines. In meetings with various relevant agencies in...
COPENHAGEN- The joint venture of Danish firm Copenhagen Energy A/S (CE) and Yuchengco-led PetroGreen Energy Corporation under corporate vehicle Buhawind Energy will be investing €8.0 billion to €12 billion, approximately P493.8 billion to P740.8 billion, for three offshore wind projects in the...
COPENHAGEN – Energy Secretary Raphael P.M. Lotilla will take the podium at the world's largest energy event happening here this week to present the investment opportunities that the Philippine energy sector will be opening up to global investors, primarily the massive renewable energy (RE)...
With record-breaking temperatures this summer, power system operator National Grid Corp. of the Philippines (NGCP) indicated that electricity demand in Luzon already surpassed last year’s level as recorded on Wednesday, April 19. Data showed that power demand in the Luzon grid reached record-high...
