The Department of Energy (DOE) is seriously weighing policy on the retirement of ageing power plants, primarily the coal-fired electric generating facilities, to ensure their capacity could be replaced with nuclear technology in the country’s future generation mix. According to Michael O....
PAGBILAO, Quezon – A proposed ordinance banning the construction of new power plants using coal or diesel in this town was presented in a public hearing on Wednesday, Nov. 16. PHOTO courtesy of Jay Lim's FB shows the proposed ordinance being discussed by the Pagbilao municipal council. The...
Independent power producers (IPPs) in the country are asking for a permanent zero tariff on all types of coal imports from non-ASEAN countries to diversify sources of coal outside of Indonesia and ensure energy security in the country. In a presentation during the public hearing conducted by the...
Vice President and Education Secretary Sara Duterte on Wednesday, Aug. 17, confirmed that the Department of Education (DepEd) already requested for a “fraud audit” of the controversial P2.4-billion laptop purchase for teachers. Vice President and Education Secretary Sara Duterte (Photo from...
Due to one-time recognition of incurred expenses, the net income of Alcantara-led Alsons Consolidated Resources Inc. (ACR) had slowed down to P689 million in this year’s first half, roughly 21-percent drop from P871 million in the same period last year. Within the second quarter alone, the...
The coal moratorium policy will be sustained under the Marcos administration, Energy Secretary Raphael Perpetuo Lotilla declared. “The moratorium on the building of new coal-fired power plants has been set and you know I don’t believe in completely changing policies and therefore changing mixed...
Consunji-led Semirara Mining and Power Corporation clinched four awards in the 12th Institutional Investor Corporate Awards 2022 of Hong Kong-based Alpha Southeast Asia magazine. The recognition accorded to the integrated mining and energy firm had been anchored on a poll of more than 500 investors...
CALAPAN CITY, Oriental Mindoro -- Former Oriental Mindoro Congressman Rodolfo G. Valencia has proposed the use of coal as the most practical and economically-viable solution to end the power crisis in Mindoro island. Former Oriental Mindoro Congressman Rodolfo Valencia stresses a point in his...
Security Bank announced that it will no longer extend financing to coal-fired power facilities in its bid to align its project funding strategy to the goals of the Paris Agreement and the climate change diplomacy based of the 26th Conference of the Parties (COP26) on abating climate change risks....
WARSAW, Poland – Ten miners were missing on Saturday after a second coal mine accident in just days in Poland, which is heavily dependent on the fossil fuel. "Rescuers are without contact with 10 people," at the mine in Zofiowka, the JSW company said in a statement. A tremor shook the mine...
BRUSSELS, Belgium – The European Union on Thursday said it had approved an embargo on Russian coal and the closing of the bloc's ports to Russian vessels over the Ukraine war. An official from the French presidency of the European Council said the moves spearhead a "very substantial" fifth...
Soaring electric bills in summer months seen By MYRNA M. VELASCO Summer months may just get hotter as soaring electric bills could further erode the purchasing power of Filipino consumers and thin power supply could also push Luzon grid into brownout breaking points. As global fuel prices are on...
