A whopping scale of capital mobilization that will reach as much as $500 billion (roughly P27.5 trillion) will have to be concretized so the country’s energy systems will be substantially decarbonized, according to the Department of Energy. As cited by the energy department, “the Philippines is...
The Gordian knot of the power sector’s regulatory affairs will be eased as the Energy Regulatory Commission (ERC) is already scheduled to resume its formal Commission meeting this Monday (September 30), which will be the first under the supervision of Officer-in-Charge Chairperson and CEO Jesse...
Real estate firm DM Wenceslao Group (DMWAI) has secured power supply for its property development in Paranaque City from MPower, the local retail electricity supplier (RES) subsidiary of power utility giant Manila Electric Company. According to Meralco, the power supply agreement (PSA) signed by...
The National Association of Electricity Consumers for Reforms, Inc. (Nasecore) has asked the Office of the Ombudsman (OMB) to cite in contempt suspended Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta for discussing her case in public. As a lawyer, Nasecore President Petronilo...
Consumers are under new threat of financial drain next week as pump prices are seen rising again by a significant proportion, based on the estimates of the oil companies. According to the industry players, the price of gasoline products will potentially go up by P0.65 to P1.05 per liter; while...
A resolution that was crafted during the leadership of suspended Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta is threatening to cripple Officer-in-Charge Jesse Hermogenes T. Andres from performing his function, because he is being prohibited by that supposed rule to call for...
SAGIP Party-List Rep. Rodante Marcoleta (Dexter Barro II/MANILA BULLETIN) SAGIP Party-list Rep. Rodante Marcoleta can't seem to catch a break. In a chamber where a solon's status is reflected by the number and quality of committee...
President Marcos has sought for the immediate passage of the Waste-to-Energy Bill to address the perennial flooding problem in the country. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) During the 6th Legislative-Executive Development Advisory Council (LEDAC)...
On his first day of office, newly designated Energy Regulatory Commission (ERC) officer-in-charge Jesse Hermogenes T. Andres immediately hit the ground running, while also giving commitment that he will uphold “fair, fast and transparent” processes in rule-making as well as in tackling the...
The Department of Energy (DOE) is eyeing to bridge ‘prospective business partnerships’ for targeted rollout of nuclear power projects in the Philippines during the country’s hosting of the International Nuclear Supply Chain Forum to be held in Manila this November. The event will bring...
The World Bank is dangling a new $2.5-billion financing program to push East Asian and Pacific countries towards renewable energy (RE) use. The Accelerating Sustainable Energy Transition Program would "contribute to reducing greenhouse gas (GHG) emissions by 60 million tons over its lifetime while...
Asian leaders emphasized that economic growth can be achieved through fair and equitable expectations between developed and developing countries, all while keeping emissions in check. At Coaltrans Asia 2024 in Bali, Indonesia, Aboitiz Power Corp. and other leaders discussed carbon reduction efforts...
