The Energy Regulatory Commission (ERC) and the Department of Social Welfare and Development (DSWD) have yet to "clean" the list of marginalized consumers who will enjoy the extended lifeline rate subsidy in their electric bills. According to ERC Chairperson Monalisa C. Dimalanta, an average of P408...
Transmission firm National Grid Corporation of the Philippines (NGCP) will appeal the Energy Regulation Commission (ERC) decision imposing a penalty and ruling on alleged non-compliance to publication requirements for its power reserves or ancillary services (AS) procurement to satiate its...
President Ferdinand "Bongbong" Marcos Jr. has given the Department of Energy (DOE) the greenlight for its plan to explore and develop the country's offshore wind (OSW) potential as a source of clean and sustainable energy. (Photo courtesy of the Office of the President) Marcos ordered DOE Secretary...
System operator National Grid Corporation of the Philippines (NGCP) expressed its willingness to work with the current leadership in the energy sector, primarily on the warranted procurement of reserves for the reliable operations of the power system, if vested interests and fairness will be upheld...
The Department of Energy (DOE) has scheduled a 60-day "competitive challenge" for coal operating contracts (COCs) originally applied for by Vintage-21 Coal Mining Corporation covering coal blocks in Lingig, Surigao Del Norte and Boston, Davao Oriental in Mindanao. In an ‘invitation for...
Happy days are over as new wave of oil price hike looms again with anticipated upticks in prices of petroleum commodities next week with diesel and kerosene prices having heftier increases, based on initial calculation of the oil companies. According to the industry players, the price of diesel...
Billionaire Enrique K. Razon Jr. has tapped Sebastian C. Quiniones Jr., former managing director of Shell Philippines Exploration B.V. (SPEX), to become the general manager of his upstream oil and gas business under Prime Exploration Pte. Ltd. effective August 17 this year. Prime Exploration is the...
The Independent Electricity Market Operator of the Philippines (IEMOP), the operating entity of the Wholesale Electricity Spot Market (WESM), is planning to stop collecting market fees from trading participants if no coordination could still be established with the board of the Philippine...
A "coordinated policy-framing" approach with member-economies of the Association of Southeast Asian Nations (ASEAN) is being eyed by the Philippines on its targeted nuclear power development, including planned deployment of small modular reactor (SMR) technologies. Energy Secreary Raphael Perpetuo...
The Department of Energy (DOE) is studying prospects of opening up the renewable energy (RE) sector to 100 percent foreign ownership, primarily in the domain of solar and wind farm installations, for the manufacturing sector. Energy Secretary Raphael P.M. Lotilla raised this possibility as he...
Filipino consumers can continue to breathe a sigh of relief, however tiny the rollback maybe, on their weekly fuel budgets as pump prices are due to come down again by Tuesday, Aug. 16, based on the calculation of the oil companies. According to the industry players, diesel prices will be reduced...
The Department of Energy (DOE) will re-take "baby steps" and will push for "corrective policies" to entice fresh capital flow in the country’s upstream oil and gas sector, especially in areas not encumbered by territorial disputes. “I think we don’t even have to look far into the West...
