The Department of Energy (DOE) has expressed full support for the private sector’s ongoing efforts to proceed with carbon credit trading, as two coal-fired power plants are slated for retirement and repurposing. During a High-Level Forum on Carbon Credits on Thursday, Oct. 2, Energy...
The Department of Energy (DOE) is considering extending its de-risking initiative—currently focused on geothermal energy investments—to nuclear energy following the Marcos administration’s approval of the Philippine Nuclear Energy Safety Act, also known as the PhilATOM law. In an ambush...
Cobra Energy Drink continues to fuel not only physical energy but also the dreams and determination of hardworking Filipinos through its flagship initiative, “Tatag sa Pagtupad ng Pangarap Kasama ang TESDA Program,” in partnership with TESDA NCR – PAMAMARISAN District Office and DOLE-TUPAD....
The Department of Energy (DOE) is pushing for bigger budget for the National Electrification Administration (NEA) to support ongoing efforts to bring electricity to households nationwide. During a plenary session with the Commission on Appointments (CA) on Wednesday, Oct. 1, Energy Secretary Sharon...
Amber Kinetics, a leading designer of long-duration flywheel energy storage systems (FESS), marked a milestone in renewable energy deployment with the signing of a formal agreement with Indian Energy (IE), a 100% Native American–owned and operated microgrid developer. The agreement covers the...
Amid concerns over proposed renewable energy (RE) project in a protected landscape in Samar, the Department of Energy (DOE) clarified that energy infrastructure may proceed as long as it secures the necessary regulatory approvals. In a statement on Tuesday, Sept. 30, Energy Secretary Sharon Garin...
The Department of Energy (DOE) reported 18 electric cooperatives (ECs) affected by the onslaught of Typhoon “Opong” and the southwest monsoon. In a statement on Monday, Sept. 29, the DOE reported that 18 electric cooperatives (ECs) are facing partial power interruptions, while Masbate Electric...
Lopez-led First Gen Corp. (FGen) is continuing negotiations to extend its power supply agreement (PSA) with Manila Electric Co. (Meralco) following the Energy Regulatory Commission’s (ERC) decision to allow continued supply from the Sta. Rita gas-fired power plant. Francis Giles Puno, FGen...
Pure Energy Group, controlled by Dexter Y. Tiu, is acquiring a majority stake in Coal Asia Holdings Inc. for ₱220.91 million to facilitate a possible backdoor listing of the energy conglomerate. In a disclosure to the Philippine Stock Exchange, Coal Asia said its stockholders Dexter Y. Tiu, Eric...
The Energy Regulatory Commission (ERC) is exploring reforms to the public offering requirement (POR) to ease compliance for generation companies (GenCos) while ensuring safeguards remain in place for electricity consumers. During an open commission meeting last week, ERC Chairperson Francis...
President Marcos has signed Republic Act (RA) No. 12305, or the Philippine National Nuclear Energy Safety Act, establishing a national framework for the peaceful and secure use of nuclear energy in the country. The new law, signed on Sept. 18, creates the Philippine Atomic Energy Regulatory...
The Department of Energy (DOE) has launched a process for awarding renewable energy service contracts (RESCs) that would promote transparency, competitiveness, and efficiency in the renewable energy (RE) sector. In a statement on Wednesday, Sept. 24, the DOE announced the adoption of the Open and...
