The Department of Energy (DOE) has listed 2,619 megawatts of eligible renewable energy (RE) capacity that can be granted incentives under the Renewable Portfolio Standards (RPS) in the energy sector. RPS is an incentive mechanism for RE investments in the country because it provides market for RE...
The Energy Regulatory Commission (ERC) has issued rules that will tighten performance and reliability standards for variable renewable energy (VRE) facilities, primarily for wind and solar farm installations. In a resolution issued by the regulatory body, it specified that the rules “shall apply...
PH, Spanish, Swiss firms to pioneer PH offshore wind projects By Myrna M. Velasco Spanish energy giant Iberdrola has inked an agreement with local developer Triconti Windkraft Group and Swiss-based Stream Investment Holding for at least five offshore wind projects that could institutionalize them...
The Department of Energy (DOE) has required the country’s coal-fired power plants to submit full report of their ‘fuel inventories’, including shipment details that they may encounter if the Indonesian coal export ban is lifted. “We required them (power firms) full reports...the...
The Department of Energy (DOE) is scheduling a meeting with system operator National Grid Corporation of the Philippines (NGCP) for updating of power supply-demand forecasts in view of “No-El” (no electricity) fears being raised this year’s summer months and on the May 9, 2022 elections....
Energy Secretary Alfonso G. Cusi has appealed to Indonesia’s Minister of Energy and Natural Resources, Arifin Tasrif, for the lifting of its coal export ban as this would have an adverse impact on the availability of electricity supply in the Philippines. In a letter to the Indonesian energy...
Filipino motorists filling up their vehicles with diesel fuel will need to shell out higher budgets this week, as the price of that commodity will increase by P1.10 per liter while gasoline prices will climb by P0.75 per liter. For kerosene products, the calculated upward adjustment this week will...
The Department of Energy (DOE) has finally cemented the policy that will grant 10-percent corporate tax rate for project-developers in the renewable energy (RE) sector. Department of Energy The department has concretized that edict via the issuance of Department Circular No. DC2021-12-0042 that was...
With the coal export ban being enforced now by the Indonesian government, the Department of Energy (DOE) is prodded on a contingency measure to ensure sufficient coal inventory, that in turn could spare the country from rotational blackouts especially during the peak demand months of summer. In a...
The Department of Energy (DOE) should ensure there is ample coal supply and prevent an increase in the prices of coal following the Indonesian government’s decision to ban its coal exports this month. Senator Sherwin Gatchalian said the ban is a cause of concern as most power plants in the...
The Department of Energy (DOE), in collaboration with the United States Agency for International Development (USAID), will study the use of "insurance mechanism" in climate-proofing the country’s energy infrastructure facilities. According to Energy Undersecretary Felix William B. Fuentebella,...
Power utility giant Manila Electric Company (Meralco) is seeking more generation companies (GenCos) to join in its 170-megawatt emergency power supply procurement next month. The targeted five-month capacity purchase will be carried out through a competitive selection process (CSP) with submission...
