Some consumers’ pockets will be on distress again next week, especially those who are filling up their vehicles with gasoline, which is anticipated to rise by P0.70 to P1.20 per liter, based on the estimates of the oil firms. Conversely, diesel products may have marginal price reduction of P0.10...
The Department of Energy (DOE) is seriously weighing the possibility of marrying offshore wind with hydrogen in the coupling of technology innovation that shall be cast in the updated Philippine Energy Plan (PEP), the blueprint of the country’s energy future that will be released this year....
Power utility giant Manila Electric Company (Meralco) said the proposed "fuel swap" arrangement’ aimed at bringing back the 1,200-megawatt Ilijan generating facility to operation cannot be concluded because there was no definitive gas supply commitment from Prime Energy, the new operator of the...
The GNPower Dinginin (GNPD) coal-fired power plant, which is a joint venture of Aboitiz Power and the Ayala group, is supplying 300-megawatt capacity to Manila Electric Company (Meralco) at a much higher rate of P8.5250 per kilowatt hour (kWh), according to a top executive of the utility firm. The...
The GNPower Dinginin (GNPD) coal-fired power plant, which is a joint venture of Aboitiz Power and the Ayala group, is supplying 300-megawatt capacity to Manila Electric Company (Meralco) at a much higher rate of P8.5250 per kilowatt hour (kWh), according to a ranking executive of the utility firm....
The Philippines should invest in the liquefied natural gas (LNG) industry at least in the short and medium term to ensure that the country will have sufficient power supply, Sen. Sherwin Gatchalian said on Monday, February 27. Gatchalian made the suggestion as he threw his support behind the...
Consumers will have another wave of financial breather at the gas pumps by Tuesday (February 28) as oil prices had been calculated to be on rollback, based on the estimates of the oil companies. According to the industry players, the price of diesel products will be down by P1.40 to P1.80 per...
The two-week maintenance shutdown of the Malampaya gas production facility has been completed, without any untoward accidents at the work site, according to the Department of Energy (DOE). “The works were completed with zero incidents recorded. This was achieved through diligent planning and...
The Department of Energy (DOE) will be integrating hydrogen and ammonia as technological innovations in the propounded energy plan that shall be extended to year 2050. DOE Director Michael O. Sinocruz of the Energy Policy and Planning Bureau in a recent Powertrends forum shared that the department...
The Energy Regulatory Commission (ERC) said it will opt for "rate flexibility" in the power supply agreements (PSAs) that distribution utilities (DUs) will be underwriting with generation companies (GenCos), once they win capacities in the conduct of competitive selection process (CSP) by the power...
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....
The 15-year license extension of the Malampaya gas field project being sought by Prime Energy of the Razon group is now under review by the Office of President Ferdinand Marcos, Jr, according to the Department of Energy (DOE). In a statement to the media, Tuesday, Feb. 14, the DOE stated that it...
