The Energy Regulatory Commission (ERC) will review the market share limitation of battery energy storage system (BESS) given its current classification as a "generation" capacity based on the prevailing policy by the Department of Energy. ERC Chairperson Monalisa C. Dimalanta said “that’s being...
The Department of Energy (DOE) has vowed to implement measures that will lessen the cost of electricity in the country, which is described as one of the most expensive in Asia. One of the measures being eyed is the continuity of lifeline rate subsidy as among the programs that is seen as an...
The Energy Regulatory Commission (ERC) will be calculating new green energy auction reserve (GEAR) tariffs to serve as "price ceiling" for next round of renewable energy (RE) capacity auction to be administered by the Department of Energy. The regulatory body indicated that it can only draw up the...
Almost six million "poorest of the poor" Filipino families are now set to be given aid in their monthly electricity bill for 30 more years following the approval of the Implementing Rules and Regulations (IRR) of the law on Extending and Enhancing the Implementation of the Lifeline Rate. The Energy...
The Department of Energy (DOE) is now placing its bet on the entry of liquefied natural gas (LNG) as one of the "immediate fixes" to save Luzon consumers from blackouts during the summer months. “Our foremost concern is to ensure that there is enough capacity supplied through various sources most...
The Department of Energy (DOE) is finally eyeing to roll into commercial operation before the end of this year the long-delayed Wholesale Electricity Spot Market (WESM) in Mindanao to cater to energy capacities that will be traded by qualified participants in that grid. A draft circular showed that...
The government, via the collaborative efforts between the Department of Energy (DOE) and Congress, will be exploring public-private partnership (PPP) or build-operate-transfer (BOT) arrangement for the deployment of nuclear power technologies in the country, be it for the installation of small...
Alternergy Holdings Corporation, a Filipino-led pioneer renewable energy (RE) company via its subsidiary Pililla AVPC Corporation (PACO) and Shell Overseas Investment B.V. have formally sealed their "investment marriage" for prospective offshore wind farm development at the Calavite Passage in...
Filipino motorists will have extended "happy days" next week, as prices at domestic pumps will be on fresh round of rollback by Tuesday, Nov. 22, based on the calculations of the oil companies. Industry players estimated that the price of diesel will go down by P2.10 to P2.40 per liter, while...
Razon firm to drill 3 new wells in Malampaya By MYRNA M. VELASCO Razon-led Prime Infrastructure Capital Inc. is scheduling the drilling of at least three wells to extend the production life cycle of the Malampaya gas field, once the project’s application for license extension is approved by the...
The Department of Energy (DOE) expects up to P9.0 trillion worth of investments if all prospective projects in the offshore wind (OSW) development sector will reach commercial operations phase. According to Energy Secretary Raphael P.M. Lotilla, there are already 42 service contracts (SCs) awarded...
The Department of Energy (DOE) has finally issued the Circular that will ultimately open up the renewable energy (RE) sector to 100 percent foreign ownership, primarily for installations in the wind and solar investment space. Department Circular No. (DC) 2022-11-0034 issued by Energy Secretary...
