The Independent Electricity Market Operator of the Philippines (IEMOP) expects an increase in Renewable Energy Certificate (REC) issuance, driven by the ongoing Green Energy Auction Program (GEAP). Chris Warren C. Manalo, assistant manager of IEMOP’s market simulation and analysis division,...
Senator Manuel “Lito” Lapid on Friday, May 26 pushed for the use of home solar panel systems in the country. Lapid, who filed Senate Bill No. 2138 or the proposed Net-Metering Program for Renewable Energy (RE) options, said such moves can help address the current power crisis being...
The Philippine Electricity Market Corporation (PEMC) and Independent Electricity Market Corporation of the Philippines (IEMOP) said they have clearly "demarcated" the respective functions of each entity in the operation of the Renewable Energy Market (REM), which will serve as added layer of...
Independent Electricity Market Operator of the Philippines (IEMOP) won the tug-of-war as to which entity shall be finally authorized to operate the Renewable Energy Market (RE Market), a platform that will be used for the trading of RE certificates. According to IEMOP President Richard J....
To force the country into ‘clean energy’ transition, the Department of Energy (DOE) has enforced moratorium on new coal-fired power plant projects. But it’s not time for the clean energy advocates to pop the champagne bottle yet, because the DoE qualified the moratorium will not cover...
The commercial operations of the country’s Renewable Energy Market (REM) for on-grid installations had been re-scheduled to June next year -- factoring in a one-year delay because of the continued pummeling of the health crisis, according to the Department of Energy....