TAIPEI – The Department of Energy (DOE) is seriously pondering over a two-pronged investment approach on the development of transmission infrastructure facilities that will support gigawatt-scale offshore wind installations in various parts of the country. According to Energy Undersecretary...
Several private sector organizations raised the need for the Philippines to balance energy security, affordability, and climate change concerns to drive its economic progress. In a joint statement on Tuesday, Aug. 13, the groups emphasized that the country ranks third lowest in energy supply...
There will be massive financial relief in the pockets of consumers next week, as oil prices will be on hefty rollback that could go beyond P2.00 per liter across products, based on the preliminary calculation of the oil companies. As reckoned from the three-day outcome of trading in the regional...
The Department of Energy (DOE) is batting for an issuance of system impact study (SIS) for power projects that shall be shorter than three months, so the country can further speed up developments in the renewable energy (RE) sector. According to Energy Secretary Raphael P. M. Lotilla, the length of...
Motorists will have another week of just slightly happy drive to the pumps this week as the price of diesel products will be on rollback by marginal P0.20 per liter; while gasoline prices will be reduced by a token P0.10 per liter. Additionally, kerosene products will be slashed by relatively...
EMBARGO FOR MONDAY The Japan International Cooperation Agency (JICA) is being engaged by the Philippine government to undertake updated inventory of the prospective sites for new hydropower developments in the country, according to the Department of Energy. In a statement to the media, the DOE...
A delivery timeframe of at least 3-5 years is being sought on the plan of the Department of Energy (DOE) for capacity tender of integrated renewable energy and energy storage system (IRESS) in the forthcoming green energy auction (GEA) round. In an interview with reporters, ACEN Corporation...
Prior to trading resumption in the reserve market, the Department of Energy (DOE) has instructed the operator of the Wholesale Electricity Spot Market (WESM) to issue guidelines on the synchronization of dispatch intervals for both traded energy capacities and ancillary services for an efficient...
Financial reprieve on consumers’ pockets is expected to continue next week as another round of modest price rollback is projected by the oil companies – especially for diesel and kerosene products. Based on the calculation of the industry players, the price of diesel products will likely...
The newly collected data from the completed seismic surveys of Israeli firm Ratio Petroleum and state-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) will enable a comprehensive assessment of the actual reserves’ potential for oil and gas at their service contracts in the...
The Department of Energy (DOE) is scheduling fresh round of green energy auction (GEA) by the fourth quarter this year to cover the unsubscribed capacity in the last competitive bidding - and the distinctive feature of the forthcoming tender will be on packaging it as integrated renewable energy...
It may seem like a regressive step but harsh realities of tight supply predicaments tormenting the country has been prompting the Department of Energy (DOE) to greenlight coal-fired power plant projects that are not covered by the coal moratorium issued in 2020. Following last week’s State of the...
