Senator Risa Hontiveros on Wednesday reiterated her call for authorities to suspend any power rate increase until the Energy Regulatory Commission (ERC) is able to provide a clear and justifiable reason on the rising cost of electricity and investigation on the rotational blackouts is completed....
The Philippines' continued preference for dirty energy sources like coal is no longer justifiable especially with the release of the Intergovernmental Panel on Climate Change's (IPCC) latest climate science findings, the Power for People Coalition (P4P) said on Tuesday, Aug. 10. (Photo from P4P...
On account of the rising value of the US dollar versus the local currency and high oil prices in the world market, the Department of Energy (DOE) is re-calculating the rate hikes that will be passed on in the electric bills of consumers when the Malampaya gas production facility will be on...
Oil firms implemented smaller P0.65 per liter this week, short of P0.10 to P0.15 per liter compared to their earlier estimates of P0.75 to P0.85 per liter set off by the industry players, prompting he Department of Energy (DOE) to seek explanation from the oil companies. For diesel prices, that had...
A ‘reserve price’ will be prescribed for the targeted 2,000 megawatts of renewable energy (RE) capacity that the Department of Energy (DOE) will be placing on the auction block this year. In a draft circular issued by the energy department, it stipulated that a ‘green energy auction reserve...
Due to demand softening because of rising Covid-19 infections triggered by the Delta variant, oil prices at Philippine pumps will be on a significant rollback next week, according to the oil industry players. 24613 Based on initial calculation, the price of gasoline may be reduced by P0.80 to P0.90...
Department of Energy (DOE) Secretary Alfonso Cusi Jr. has praised the work rendered by the National Electrification Administration (NEA), which is nearing the completion of its task to electricity all barangays in the country. DOE Secretary Alfonso Cusi (Photo from DOE Facebook page) "Before, only...
System operator National Grid Corporation of the Philippines (NGCP) sought collaboration with the industry stakeholders, primarily with the Department of Energy (DOE), on its bid to finally resolve issues hounding the country’s power system – including those on reserves, transmission facility...
Listed firm Aboitiz Power Corporation had cast capital outlay of P190 billion that it will funnel to diverse renewable energy (RE) projects and up for implementation within a period of 10 years. For that scale of spending on greenfield projects, the company emphasized that its RE capacity under its...
While power interruptions are often blamed for alleged cheating every elections, the Department of Energy (DOE) has not given any assurance that rotating blackouts will not happen in the May 2022 polls. When Energy Secretary Alfonso G. Cusi, who is also the president of the Duterte-chaired...
After a shortl respite on consumers’ pockets last week, oil prices will be on big-time hikes again next week because of the sustained surge in prices in the world market. As calculated by the oil companies, gasoline prices will rise by P1.00 to P1.10 per liter; while diesel will also be on upward...
The Department of Energy (DOE) is inclined to disapprove the plea of power utility giant Manila Electric Company (Meralco) for emergency supply procurement despite highly probable supply shortages that could descend into rotational blackouts during the 20-day Malampaya shutdown this October and in...