Ayala Corporation is giving its shareholders shares of stock of subsidiary AC Energy Corporation (ACEN) worth about P4.5 billion as a property dividend. In a disclosure to the Philippine Stock Exchange, Ayala said its Board of Directors has approved the declaration of property dividends consisting...
Albay 2nd district Rep. Joey Salceda is gnashing his teeth over the Department of Energy's (DOE) apparent inability to respond to the country's power situation, which he thinks could lead to rotating blowouts very soon. (Jarl Schmidt/ Unsplash) "Over the past days, half of our baseload plants have...
BETTER DAYS Senator Sonny Angara In March, Meralco cautioned that the surge in crude oil prices globally could lead to an increase in the generation charge. In fact, just this month, the distributor already announced an increase in the per kilowatt-hour (kWh) charge. Surely, this has since resulted...
Reelectionist Senator Sherwin Gatchalian underscored Saturday, April 2 the need for consumer education in increasing energy efficiency with the right appliances and devices to curb the monthly electricity bills of households and commercial establishments and at the same time help in managing the...
The Renewable Energy Act was passed in 2008 as an attempt to promote clean and indigenous sources of power. The energy sector, however, has yet to achieve the 100 percent electrification target, as well as to significantly increase the share of renewable energy in the power mix. Whether...
Reelectionist Senator Risa Hontiveros questioned the move of the Department of Energy (DOE) to suspend exploration activities in the West Philippine Sea, calling it "worrisome." Senator Risa Hontiveros (Photo courtesy of Hontiveros Office) While the senator reiterated that "Philippine ships have...
Given the recent surge of fuel costs as well as the continuous urge worldwide to save the environment, a switch to e-transport mechanisms doesn't sound like a bad idea at the moment. A prototype of the Flexible Electric Van (Flev). (Photo from DOST-PCIEERD / MANILA BULLETIN) A P312-million...
Eligible businesses and institutions may now take concrete steps to lower their carbon emissions by getting power from licensed Green Energy Option Program suppliers like EDC's Green Core Geothermal, Inc. There is a ‘deepening revolution’ happening in the energy sector – it’s not just a...
ODIONGAN, Romblon—Presidential candidate Senator Panfilo ‘Ping’ M. Lacson has raised the possibility of increasing the number of renewable energy sources to electrify off-grid island communities in the country. Electricity supply issues bother the residents of Tablas Island recently,...
All government agencies, including local government units (LGUs), should comply with the mandatory energy efficiency and conservation measures in anticipation of a tight power supply in Luzon and Visayas grids ahead of the dry months. Senator Sherwin Gatchalian said all government agencies should...
Presidential aspirant Vice President Leni Robredo said the Philippines should have a more precise roadmap in achieving its goal of carbon neutrality by 2050 and suggested measures, so the country will no longer be dependent on fossil fuels as source of energy. Vice President Leni Robredo (VPLR...
The Philippines is looking at working with the United Arab Emirates (UAE) in conceptualizing and implementing innovative energy efficiency programs to contribute to the global effort to reverse the devastating effects of climate change, a Cabinet official said. During the Climate Change Virtual...
