The Department of Energy (DOE) is planning a separate ‘auction call’ for the power supply agreements (PSAs) to be awarded to offshore wind investors via the Green Energy Auction Program (GEAP) of the government. According to Atty Marissa P. Cerezo, director of the Renewable Energy Management...
The Department of Energy (DOE) is targeting to set at least 2,500 megawatts (MW) of nuclear power capacity contribution to the country’s energy mix by 2032, according to a ranking official of the agency. Energy Undersecretary Sharon S. Garin told reporters “we are including nuclear power in the...
Executive Secretary Lucas P. Bersamin has directed relevant national government agencies (NGAs) and local government units (LGUs) to work collaboratively with the Department of Energy and Anti-Red Tape Authority (ARTA) on a judicious streamlining of the ‘permitting processes’ for energy projects...
System operator National Grid Corporation of the Philippines (NGCP) has filed its motion for reconsideration (MR) with the Energy Regulatory Commission (ERC) for its request to be allowed monthly renewal of its ancillary services (AS) contracts while its procurement processes for power reserves are...
Copenhagen Infrastructure New Markets Fund (CINMF), an affiliate of Danish fund manager Copenhagen Infrastructure Partners (CIP), will be investing $5 billion to for the commercial development of three greenfield offshore wind farm projects that could bring in 2,000 megawatts of additional power...
Consumers will continue to save on their fuel expenses next week, as oil companies have declared a fresh round of rollback at the oil pumps by Tuesday, March 28), the 13th week of price adjustments since the start of the year. According to industry players, gasoline prices will be trimmed by P0.65...
The Energy Regulatory Commission (ERC) is seriously considering the establishment of ‘rate affordability tracker,’ so the Filipino consumers can be apprised on the measures as well as policy developments being pursued by the government and industry players on bringing down electricity tariffs in...
The Department of Energy (DOE) said that coal traders engaged in illegal trading will face penalty and revocation of permits. . Energy Undersecretary Alessandro O. Sales issued an advisory strictly warning illegal coal traders. “In order to fully comply with the obligations under the Circular...
The Department of Energy (DOE) is scheduling another round of consultation this month on the expected acceleration in the electric vehicles (EV) market, primarily increasing the mandatory EV fleet adoption to 10 percent from an earlier prescription of 5.0-percent. According to DOE Director Patrick...
In discussion with the Private Sector Advisory Council (PSAC), President Ferdinand Marcos Jr. has tackled issues in the processing of permits for energy projects which have always been the biggest headache for investors, especially foreign firms that are not familiar with the socio-political terrain...
Alternergy Holdings Corporation, a pioneer in renewable energy (RE) development in the country, will shell out P20 billion worth of capital expenditures (capex) on projects under construction phases over the next three to five years. According to Alternergy President Gerry P. Magbanua, the company...
At least two baseload generating units with total capacity of 300 megawatts (MW) may not be able to add power supply during the summer months, contrary to what the Department of Energy (DOE) had earlier factored in on its power supply-demand outlook. Based on current report to the relevant industry...
