The Department of Energy (DOE) has met with officials from the United Arab Emirates (UAE) to discuss potential collaborations in energy programs and developments. In a statement on Friday, Oct. 18, the DOE said the meetings aim to accelerate the Philippines' transition to renewable energy...
The Department of Energy (DOE) has issued a system impact study (SIS) to 19 renewable energy (RE) projects that would evaluate a power grid’s capability to handle a new connection, such as power plants or large buildings. The DOE has given endorsements to the National Grid Corporation of the...
The US Department of Agriculture (USDA) has raised concerns about a potential shortage of biodiesel in the country, which could lead to higher pump prices. In a recent report, the USDA Foreign Agricultural Service (FAS) indicated that the supply of coco methyl ester (CME), a key component of...
Senator Sherwin Gatchalian is looking to file a bill that seeks to decouple the National Grid Corporation of the Philippines’ (NGCP) roles as both system operator and network transmission provider in a bid to address national security concerns. “I truly believe that the system operation of the...
The Manila Electric Company (Meralco) and South Korea’s Samsung C&T Corporation Engineering & Construction (Samsung C&T) Group have joined forces to promote the adoption of nuclear energy in the country. In a statement, Meralco said that the memorandum of understanding (MOU)...
The Department of Energy (DOE) said that it will sign a memorandum of understanding (MOU) with the Ministry of Energy of Saudi Arabia to strengthen international energy partnerships and promote a diversified and sustainable energy system. Energy Secretary Raphael P.M. Lotilla stated that the MOU,...
Senator Pia Cayetano (Senate PRIB) Senator Pia Cayetano has underscored to the Energy Regulatory Commission (ERC) the urgency in finalizing green energy auction reserve (GEAR) prices. Cayetano, in the recent Senate hearing on the...
The Energy Regulatory Commission (ERC) has committed to expedite its regulatory procedures, including the much-awaited performance audit of the National Grid Corporation of the Philippines (NGCP), to ensure fair electricity pricing for consumers. During a budget hearing with the Senate, ERC Acting...
A total of 21 service contracts awarded by the Department of Energy (DOE) to Solar Philippines are in the process of termination. Senate President Pro Tempore Jinggoy Ejercito Estrada asks questions during the Finance Subcommittee E briefing held on Wednesday, October 9, 2024. Estrada not only...
The third Green Energy Auction (GEA-3) for geothermal, impounding hydro, and pumped-storage hydropower is expected to conclude before the end of the year. During a recent budget hearing, the Department of Energy (DOE) Undersecretary Rowena Guevara assured the Senate that this auction would...
SP New Energy Corporation (SPNEC), a subsidiary of the Meralco Group, is shelling out P8.93 billion for the acquisition of additional stake in Terra Solar Philippines Inc. and Terra Nueva Inc. In a regulatory filing on Thursday, Oct. 10, SPNEC said its board of directors approved the subscription...
Fuel retailers announced increases in the pump prices, marking the third consecutive week of hikes for diesel and the second week for kerosene, while gasoline prices will remain stable. Beginning Tuesday, Oct. 8, diesel prices will rise by P1 to P1.20 per liter. Gasoline prices are set to stay...
