Despite repetitive cycle of power supply shortfalls during summer months, the Department of Energy (DOE) indicated that it is still pushing for the country’s energy transition pathway that will give preferential bias to clean energy resource developments. The DoE said it will be joining the...
The World Bank Group is crafting an offshore wind investment roadmap for the Philippines, so this could help harness the potential of this resource and will add up to its future power generation capacity. The launch of the project, as underpinned by a funding from the World Bank’s Energy Sector...
The Independent Electricity Market Operator of the Philippines (IEMOP) admitted that it is “clueless” whether investigations had been done by the market surveillance committee (MSC) of the Wholesale Electricity Spot Market (WESM) or the regulators on the recurrent price spikes that happened...
As a ‘blackout legacy’ of the Duterte administration is getting up close and personal, the Department of Energy (DOE) is finally calling on all industry stakeholders to sort out comprehensive solutions to the imminent energy crisis. As a priority matter though, the energy department is being...
The Department of Energy (DOE) has asked oil companies to provide 10 to 20 percent fuel price discount to shipping vessels, primarily those sailing to the West Philippine Sea, for fishing purposes. Department of Energy (DoE) (MANILA BULLETIN) In addition, the department is seeking the support of...
As global oil prices inched higher to $73 per barrel at end of trading week, Filipino consumers will be squeezed further next week with domestic pump prices expected for heftier increases. Based on the calculation by oil companies, gasoline prices could climb P0.70 to P0.80 per liter; while diesel...
The Philippine Electricity Market Corporation (PEMC), which serves as a governance body of the Wholesale Electricity Spot Market (WESM), will have its new President, as Atty Oscar E. Ala will already retire from the post. Industry sources hinted that Ala already declined nomination to become part...
As the Department of Energy (DOE) is not really keen on fixing the country’s power supply problems, Luzon grid may brace for another ‘perfect storm’ that could lead to brownouts and rate hikes with the scheduled 20-day turnaround shutdown of the Malampaya gas field in October this year. The...
Electricity demand surge ushered in by the country’s bit-by-bit economic reopening is now wrestling with available supply – especially for Luzon grid – but news of greenfield power plant developments are still not up to expectations. The main power grid can still count on new plants coming...
Senator Emmanuel “Manny” Pacquiao on Thursday, June 17 challenged Energy Secretary Alfonso Cusi to show he is worthy of leading the Department of Energy (DOE) amid the power supply issues hounding the country. During the Senate Committee on Energy’s probe into the rotating brownouts that hit...
The Department of Energy (DOE) finally admitted that Luzon grid already lacks capacity to meet peak electricity demand, especially with the recurring dilemma of forced outages of power plants. In a Senate hearing, DOE Director Mario C. Marasigan stated that given the combined loss of capacity in...
Transmission firm National Grid Corporation of the Philippines (NGCP) will start soliciting tenders on its targeted competitive bidding for the procurement of ancillary services (AS) or power reserves for the country’s power grids. In a statement to the media, NGCP said it will implement public...
