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...
Consumers will have new round of financial breather at the pumps next week, as oil prices will be on rollback, according to estimates by industry players. Based on calculations, the price of gasoline products will be trimmed by P1.65 to P1.95 per liter, while diesel products will have a reduction of...
The Philippine Electricity Market Corporation (PEMC) and Independent Electricity Market Corporation of the Philippines (IEMOP) said they have clearly "demarcated" the respective functions of each entity in the operation of the Renewable Energy Market (REM), which will serve as added layer of...
A "lucrative contract" with up to 40-year duration is being dangled to renewable energy (RE) developers joining the second round of RE auction covering 11,600 megawatts to be held on June 19 this year. The reference (TOR) issued by the Department of Energy (DOE) emphasized that the initial term of...
Independent Electricity Market Operator of the Philippines (IEMOP) won the tug-of-war as to which entity shall be finally authorized to operate the Renewable Energy Market (RE Market), a platform that will be used for the trading of RE certificates. According to IEMOP President Richard J....
SMC Global Power Holdings Corporation of the San Miguel group officially leads the Philippines’ debut into the "LNG importers club of the world" following the arrival of its first LNG shipment at one of the country’s major ports. The Department of Energy (DOE) affirmed the arrival of the first...
Rising summer temperatures and threats of power service interruptions amid surging electric bills could really trigger disappointments among us as we yearn for a “more hopeful story” that can rescue us from these predicaments. On March 31 this year, a bit of that “hope” came to light with...
Government agencies are being urged to find remedies that could help cushion the oil price impact on consumers, especially the public transport sector, as petroleum products are anticipated to go back to their upward price trend. Senate Committee on Energy Vice Chairman Sherwin T. Gatchalian, noted...
