Independent power producer (IPP) TeaM Energy Corp. has transferred its 735-megawatt (MW) Pagbilao coal-fired power plant to the government, following the expiration of its Build, Operate, and Transfer (BOT) contract. In a statement, TeaM Energy said Friday, Aug. 15, that the turnover to the Power...
One of the Japanese partners of Aboitiz Power Corp. (AboitizPower) in the 420-megawatt (MW) Pagbilao-3 coal-fired power plant is moving ahead on the divestment of its stake in the facility as part of an investment realignment to cleaner energy technologies. According to a source privy to the...
Consunji-led Semirara Mining and Power Corporation (SMPC), the country's largest producer of coal, is diversifying into liquefied natural gas (LNG) for the power generation segment of its business amid strong environmental, social, and governmental (ESG) pressures, according to the conglomerate’s...
The Energy Regulatory Commission (ERC) will be revising the rules that will set reliability indices for power plant operations, primarily their permissible allowance on planned and forced outages. According to ERC Chairperson Monalisa C. Dimalanta, the existing reliability index is “very...
The Department of Finance (DOF) is exploring how foreign governments can contribute to the Philippines’ efforts to accelerate the decommissioning and repurposing of its coal-fired power plants. As overseas companies have a significant stake in the country’s coal-fired power plants, DOF...
There are still a bunch of coal-fired power plant projects that must be ditched if San Miguel Corporation (SMC) is to prove its commitment to cleaner sources of energy, a pro-environment group said. (Photo by Wander Fleur/ Unsplash) “If SMC wants to grasp at the renewable energy (RE) message, it...
Clean energy group Center for Energy, Ecology, and Development (CEED) hailed on Friday, May 7 the apparent decision of the Asian Development Bank (ADB) to move away from coal, which has long been regarded as a dirty energy source. (Photo by Wander Fleur / Unsplash) "Today, the Asian Development...
The moratorium on new coal-fired power projects will only cover yet-to-be-proposed investments, according to Energy Secretary Alfonso G. Cusi. In a virtual press briefing, he classified that even the indicative projects will still have to be processed by the Department of Energy (DOE) and these may...
