The bill seeking to create the Philippine Atomic Energy Regulatory Authority (PhilATOM), an independent regulatory and quasi-judicial body tasked with ensuring nuclear safety and security, will bode well for the country as it would help employ the benefits of nuclear energy, Senator Alan Peter...
The Philippines, a jewel box of stunning islands and vibrant culture, draws millions of tourists each year to its pristine shores. Boracay, with its powdery white sands and turquoise waters, welcomed over two million visitors in 2023. Siargao Island, a surfer's paradise renowned for its world-class...
Renewable energy real estate investment trust Citicore Energy REIT Corporation (CREIT) announced plans to complete 32 clean power projects across Luzon and Visayas within the next five years. In a three-year investment strategy report filed with the Philippine Stock Exchange, CREIT stated that...
The Energy Regulatory Commission (ERC) has deferred the release of guidelines for the Green Energy Auction Allowance (GEA-All) and the Renewable Energy Payment Agreement (REPA) for the Green Energy Auction Program (GEAP). An ERC notice dated Dec. 17, released on Dec. 23, stated that the GEA-All...
Advent Energy, Inc., a subsidiary of Aboitiz Power Corporation, announced plans to deliver more renewable energy (RE) projects by 2025, with a focus on solar power. In a briefing, James Yu, Aboitiz Power vice president and head of retail, said the company plans to increase capacity through...
(MANILA BULLETIN) The Energy Regulatory Commission (ERC) chief admitted before congressmen on Monday, Dec. 23 the lack of updated rules following the agency’s failure to approve system operator National Grid Corporation of the...
The Department of Energy (DOE) has awarded Qualified Service Person (QSP) accreditation to three Liquefied Petroleum Gas (LPG) associations, ensuring the safe, efficient, and professional delivery of LPG services to the public. The DOE’s Oil Industry Management Bureau (OIMB) awarded QSP...
The Energy Regulatory Commission (ERC) has firmed up the intricate ‘tariff-setting parameters’ or price determination methodology that will anchor the 20-year power supply agreements (PSAs) in the third Green Energy Auction (GEA-3) to be administered by the Department of Energy (DOE) -...
Senator Francis Tolentino criticized the Energy Regulatory Commission (ERC) for its apparent inefficiency in managing power rate resets. Tolentino has expressed serious concerns over the agency, noting how it handled the rate reset process for Manila Electric Co. (Meralco), zeroing in on its lack...
If you visit Villa Escudero today, that 800-hectare eco-tourism estate thriving in the lush greenery of Tiaong town in Quezon, you wouldn’t have known it once stood as a sugarcane farm that had developed into a self-sustaining coconut plantation. This was achieved through its hydroelectric plant...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has expressed high hopes for green power—particularly the development of wind, solar and other variable renewable energy (VRE)...
Motorists may need to brace themselves for the holiday season as Christmas week is anticipated to bring another round of oil price hikes. Based on four-day Means of Platts Singapore (MOPS) trading and the average forex rate, analysts expect gasoline prices to increase by P0.35 to P0.80 per liter,...
