The Department of Energy (DOE) will be offering 8,200 megawatts of renewable energy (RE) capacities in the fourth round of green energy auction (GEA-4) to be administered by the latter part of this year. In her remarks during an Energy Transition forum convened by Climate Smart Ventures (CSV),...
The proposal for a ‘no reserve price’ condition on the targeted 3rd green energy auction (GEA-3) for geothermal could trigger unwarranted “regulatory uncertainty’ for project developers and all investors in this technology’s supply chain, the Energy Regulatory Commission (ERC) has warned....
The Energy Regulatory Commission (ERC) will seek guidance from the Department of Energy (DOE) in setting the price of hydro and geothermal capacities under the green energy auction reserve (GEAR) given the huge cost for these projects. ERC Chairperson Monalisa C. Dimalanta noted of the cost for...
The Department of Energy (DOE) has issued notice of awards (NOAs) to 105 winning bids in the second round of green energy auction (GEA-2), an exercise that partly fulfills the country's renewable energy (RE) development roadmap. The winning project-developers will be awarded with 20-year power...
The low turnout in the recently-concluded second Green Energy Auction (GEA-2) administered by the Department of Energy (DOE) was largely blamed to the unresolved concern of grid integration of the targeted renewable energy (RE) installations. This was affirmed by Energy Secretary Raphael P.M....
The second green energy auction (GEA-2) administered by the Department of Energy (DOE) logged a relatively low turnout with bidders subscribing 3,580.76 megawatts only or just roughly 30-percent of the 11,600MW total capacity offered to investors for delivery within 2024-2026 timeframe. Preliminary...
The auction of 11,600 megawatts of RE capacity scheduled this month will prove to be an "acid test" for the accelerated renewable energy (RE) development roadmap designed by the Marcos administration. The Department of Energy (DOE), which will administer the RE capacity tendering for the second...
Proponents of floating solar farm installations, which are members of the Philippine Solar and Storage Energy Alliance (PSSEA), are seeking approval for a higher green energy auction reserve (GEAR) price of at least P7.30 per kilowatthour. The higher reserve price is targeting the tendering process...
Local and foreign investors are appealing to the Energy Regulatory Commission (ERC) for higher interest rates that must be factored into the calculation of tariffs on capacities offered by the Department of Energy (DOE) under the Green Energy Auction Program. ERC Chairperson Monalisa C. Dimalanta...
Puwersa ng Bayaning Atleta (PBA) Party-list Rep. Migs Nograles is pushing for increased tax exemption for imported sporting gear and equipment. PBA Party-list Rep. Migs Nograles (Facebook) “We have to invest in the health of our people by encouraging them to have a very active lifestyle," said...
OF TREES AND FOREST Former Senate President Manny Villar As we enter a new year, the administration of President Ferdinand Marcos, Jr. endeavored to write a new chapter in Philippine-China relations. In his speech before embarking on a historic trip to Beijing, President Marcos laid out the...
The Energy Regulatory Commission (ERC) will be calculating new green energy auction reserve (GEAR) tariffs to serve as "price ceiling" for next round of renewable energy (RE) capacity auction to be administered by the Department of Energy. The regulatory body indicated that it can only draw up the...
