The coal moratorium enforced in 2020 which sculpted the entry of more renewable energy (RE) investments remains as a non-negotiable policy stance to former Energy Secretary Alfonso G. Cusi if he will have his way, because that had drawn the line in the sand for the country’s greener future. In a...
To pare the country’s carbon emissions without compromising energy security, the Department of Energy (DOE) is examining the feasibility of "mangrove sequestration" so carbon emissions of coal plants can be offset or managed. Energy Secretary Alfonso G. Cusi noted that while the department gives...
The Department of Finance (DOF) has advised caution in suspending excise tax on petroleum as it will incur substantial revenue losses for the government and may affect the budget for coronavirus recovery measures. In a memorandum submitted to Finance Secretary Carlos G. Dominguez III, Finance...
The Department of Energy (DOE) said the 20-day Malampaya preventive maintenance shutdown scheduled in October this year will spark higher rate hikes toward the close of the year. Energy Secretary Alfonso G. Cusi stated the higher electric bills to be paid by consumers will be mainly triggered “by...
The Department of Energy (DOE) is reviewing its planning for the country’s energy needs -- with the recalibration touching mainly on the challenges posed by the COVID-19 pandemic as well as the flourishing trends and innovations in the sector. Energy Secretary Alfonso G. Cusi stated that “with...
A Chinese firm has already dropped out of the Malaya thermal power facility negotiated sale, but four others are still in the running, giving hopes to state-run Power Sector Assets and Liabilities Management Corporation (PSALM) that its long-wished for privatization of the 650-megawatt facility...
The Department of Energy (DOE) is tightening its grip on the power generation companies (GenCos), so they can guarantee sufficient power supply as the Covid-19 vaccination program in the country gains traction. This is a follow-through order from Energy Secretary Alfonso G. Cusi, after his initial...
As typhoon season has kicked off again this year, the Department of Energy (DOE) is seeking stronger ‘emergency protocols’ that shall be instituted by the power industry, as response to the strike of natural calamities. According to Energy Secretary Alfonso G. Cusi, there is a need among...
The Department of Energy (DOE) has green-lighted ‘indefinite extension’ on the award of feed-in-tariff (FIT) incentives for run-of-river (ROR) hydropower projects that will be pursued by renewable energy (RE) developers. Energy Secretary Alfonso G. Cusi In an advisory issued by Energy Secretary...
Filipino consumers will need to brace for increase in diesel prices next week that may range from P0.35 to P0.45 per liter; while kerosene prices may go up from P0.20 to P0.30 per liter. (MARK BALMORES / MANILA BULLETIN FILE PHOTO) For gasoline products, based on the initial calculation of the oil...
Energy Secretary Alfonso G. Cusi defended the seemingly ‘negligible’ $50 million capital requirement for foreign firms entering the Philippine geothermal sector saying the figure was the scale determined by the government for prospective investment areas on offer....
Two liquefied natural gas (LNG) projects, with combined investments of P44 billion, had been issued certifications by the Department of Energy (DOE) as “energy project of national significance” or EPNS that will entitle them to streamlined process of permitting....
