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...
Senator Sherwin Gatchalian on Monday, November 14 said the government should make sure that marginalized consumers are the actual beneficiaries of the law granting electricity lifeline rate subsidy. Gatchalian, vice chairman of the Senate Committee on Energy, made the call following the recent...
The Department of Energy (DOE) is pushing for the issuance of an Executive Order (EO) to create a one-stop shop permitting process for offshore wind power projects to stimulate capital flow into that segment of the renewable energy (RE) sector. Energy Secretary Raphael Lotilla cited the importance...
Senator Risa Hontiveros on Friday, November 11 maintained that safety issues surrounding the Bataan Nuclear Power Plant (BNPP), remain unanswered, and thus, funds for its maintenance should be realigned to fund the government’s economic recovery programs. Among the issued hounding the BNPP is its...
