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...
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....
