To prepare the grid for an anticipated surge in renewable energy (RE) projects, the National Grid Corporation of the Philippines (NGCP), its technical partner State Grid Corp. of China (SGCC), and the Department of Energy (DOE) have discussed key policies and strategies. Representatives from NGCP...
The Department of Energy (DOE) is urging renewable energy (RE) developers to submit their infrastructure plans early for the fifth Green Energy Auction (GEA-5). In a statement on Tuesday, July 1, the DOE said the early submission aims to facilitate inter-agency coordination and minimize the risk of...
The Court of Tax Appeals (CTA) has formally decreed that the Independent Electricity Market Operator of the Philippines (IEMOP), as the duly authorized operating entity of the Wholesale Electricity Spot Market (WESM), is not exempt from paying income tax - and that effectively upheld an earlier...
The Department of Energy (DOE) is awaiting policy updates from the Department of Environment and Natural Resources (DENR) to reassess the transition of coal power facilities to renewable energy (RE). Speaking at the Media Kapihan on Energy Investment in the Philippines last week, Energy...
The Department of Energy (DOE) has announced the winners of the third round of its Green Energy Auction (GEA-3), bringing in renewable energy sources including pumped-storage hydropower, impounding hydropower, geothermal, and run-of-river technologies. In a statement, the DOE said that several...
As the Department of Energy (DOE) grapples with escalating fuel prices driven by tensions in the Middle East, the government is exploring alternative fuel sources to ease the burden on consumers. During a joint press briefing with the Presidential Communications Office (PCO) on Tuesday, June 24,...
Geopolitical tensions are expected to send ripples to local fuel prices this week, with motorists bracing for back-to-back price hikes starting Tuesday. Seaoil, along with other fuel companies that met with the Department of Energy (DOE) on Monday, June 23, announced that they will implement a...
The Department of Energy (DOE) announced on Monday, June 23, that the government has reached an agreement with oil companies for the staggered implementation of domestic petroleum price adjustments. In a statement, DOE Officer-in-Charge Sharon S. Garin said this measure was taken in response to...
The Department of Energy (DOE), in collaboration with the Southeast Asia Energy Transition Partnership (ETP), has released a guidebook to assist developers and other government agencies in pursuing offshore wind (OSW) projects in the Philippines. In a statement on Monday, June 23, the DOE unveiled...
The country’s grip on foreign direct investment (FDIs) appears to be slipping rapidly in the downstream oil sector, with industry insiders drip-feeding intel that American energy giant Chevron Corporation is already laying the groundwork for a prospective strategic exit – and that’s signaling...
Senator Sherwin Gatchalian said on Saturday, June 21, that the government can release a ₱2.5-billion fuel subsidy fund to cushion the impact of rising oil prices on the transportation, agriculture, and fisheries sectors, with the Israel-Iran conflict driving up fuel costs. In an interview on...
The Department of Energy (DOE) announced that the drilling operations in the Malampaya phase 4 project have commenced, following the arrival of a new drillship in offshore Palawan. In a statement on Friday, June 20, DOE Officer-in-Charge Sharon Garin, alongside officials of the Malampaya...
