The year 2023 is ending with a bang for Filipino consumers at the pumps, as oil prices will incur significant increases, according to the calculation of the oil companies. As culled from the estimates of the industry players, gasoline prices will increase by P1.45 to P1.85 per liter; while diesel...
The anticipated scorching grip of El Niño may still alter power supply-demand projections, especially when temperature would exceptionally rise during the summer months, according to the Department of Energy. “Power supply projections may still change, even if we have adequate projection, due to...
ILOILO CITY – The Department of Energy (DOE) has awarded the Energy Efficiency Excellence Award to the Iloilo provincial government. Gov. Arthur Defensor Jr. received the award on Tuesday, December 20, in Pasay City. THE provincial government of Iloilo is a recipient of the Energy Efficiency...
The action taken by the Bangko Sentral ng Pilipinas (BSP) on allowing banks to expand green financing facilities is expected to accelerate renewable energy (RE) installations in the country that will usher in comprehensive decarbonization of the Philippine economy moving forward. As cited by Energy...
There is high probability that gasoline and diesel prices will not change next week, but consumers could expect rollback in kerosene prices by P0.45 to P0.85 per liter, according to the oil companies. Based on the industry players’ calculations, the cost movement for gasoline could either be a...
The Department of Energy (DOE) is counting on the capacity contribution of greenfield solar plants that are coming on commercial stream during the summer months, primarily to plug capacity gap arising from the de-rated generation of the hydro plants due to the incursion of El Niño spell. In a...
The Department of Energy (DOE) will submit to the Asian Development Bank (ADB) within this month the 10th candidate-port that must be covered in the pre-feasibility study aimed at repurposing these support facilities to service the needs of the flourishing billion-dollar offshore wind industry in...
DUBAI, UAE – Danish nuclear firm Seaborg Technologies is eyeing to sign a memorandum of understanding (MOU) with the Department of Energy (DOE) on targeted deployment of its sea-based small modular reactor (SMR) technology in the Philippines. In an interview during a side event at the...
State-run Philippine National Oil Company (PNOC) has penciled in up to P5.0 billion worth of capital outlay for the repurposing of its Energy Supply Base (ESB) port facility in Mabini, Batangas, so it could be lined up for the logistics needs as well as to underpin support services to the thriving...
Filipino-led firm Climargy, which is classified as a super energy service company or SUPER-ESCO in the energy efficiency investment terrain, is among the corporates globally that made its pledge for a ramp up on energy efficiency ventures and programs as part of the cornerstone agreements being...
It’s feeling a lot more like Christmas for consumers, and one of their early gifts will be big-time rollback at the pumps next week, based on the calculation of the oil companies. According to the industry players, the price of diesel will have sizeable reduction of P1.65 to P2.05 per liter;...
DUBAI, UAE – The Philippine government will aggressively work on international certifications for the targeted 9.0 million “green jobs” in the country through planned upskilling and right-skilling of Filipino workers so they can be gainfully employed not just in the clean energy sector of the...
