The Energy Regulatory Commission (ERC) is requiring system operator National Grid Corporation of the Philippines (NGCP) to submit data on contracted capacities to be awarded for its ancillary services (AS) procurements, to help assess cost impact on consumers. “We are asking them (NGCP) for the...
COPENHAGEN – Energy Secretary Raphael P.M. Lotilla told prospective global investors eyeing the Philippine offshore wind industry that the Department of Environment and Natural Resources (DENR) will soon be issuing the "regulatory framework" for the approval of environmental clearance for offshore...
COPENHAGEN – The Subic Bay Metropolitan Authority (SBMA) is planning to craft a policy that will hasten the entry of investor-proponent on the re-purposing of port infrastructure facility that will service offshore wind (OSW) investments in the Philippines. SBMA has been part of the Philippine...
Senator Raffy Tulfo deplored the sky-high charges of energy generation companies (gencos) despite the drop in prices of coal in the global price index. Compared to other countries in Asia, Philippines has one of the highest electricity costs even though the price of coal imports is all based on the...
United States (US)-based solar energy firm Maxeon plans to make a $900 million solar energy investment in the Philippines that would create an estimated 3,000 jobs. (Photo from the Presidential Communications Office) The company, which operates under the name of Sunpower Philippines Manufacturing...
Senate President Juan Miguel Zubiri on Wednesday, May 3, asked the Department of Energy (DOE) and the National Grid Corporation of the Philippines (NGCP) to solve the recurring blackouts in Western Visayas. "The DOE and the NGCP must step up and answer for the massive...
The Philippine government, through the Department of Energy (DOE), will be seeking "transition financing” from the United States that could be funneled into improving climate resiliency as well as in greening the energy infrastructure of the country. According to Energy Secretary Raphael P.M....
COPENHAGEN – Danish solar firm Obton A/S is eyeing to join a growing number of solar power investors in the thriving renewable energy sector of the Philippines. According to Philippine Ambassador to Denmark Leo M. Herrera-Lim, apart from wind, the solar part of RE developments has also been...
COPENHAGEN – The Philippine government, through the Department of Energy (DOE), has sounded off interest on accepting investment propositions and technology deployment anchored on "cradle-to-grave" parameters for nuclear power installations in the country. Energy Secretary Raphael P.M. Lotilla...
Officials of a top nuclear energy firm based in the United States (US) on Monday, May 1 (US time), disclosed plans to invest in the Philippines after a meeting with President Ferdinand Marcos Jr. in Washington D.C. Philippine officials' meeting with executives of United States-based NuScale Power...
COPENHAGEN – A government-to-government collaboration is currently being discussed between the Philippines and Denmark for an "advisory work" that the Danish Energy Agency (DEA) could extend to the emerging offshore wind industry of the Philippines. In meetings with various relevant agencies in...
COPENHAGEN- The joint venture of Danish firm Copenhagen Energy A/S (CE) and Yuchengco-led PetroGreen Energy Corporation under corporate vehicle Buhawind Energy will be investing €8.0 billion to €12 billion, approximately P493.8 billion to P740.8 billion, for three offshore wind projects in the...