WESM electricity prices rise In the midst of a pandemic that the government is struggling to fully address efficiently, Filipino consumers are being slapped with added burdens of persistent rotating brownouts that may last until June 7 this year, plus unwarranted spikes in electricity prices that...
Senator Sherwin Gatchalian on Tuesday reminded the Department of Energy (DOE) that it needs to ensure a reliable power supply this summer season as the government cannot afford to stall the rollout of its coronavirus (COVID-19) vaccination program. Gatchalian pointed out many of the vaccines are...
Dwindling power reserves Monday, May 31 caused the National Grid Corporation of the Philippines (NGCP) to declare "red alert" and "yellow alert" status over the Luzon grid, it was learned from the Department of Energy (DOE). (Photo from DOE Facebook page) A statement from the DOE Monday bared that...
It’s another punishing week in the pockets of motorists as gasoline prices will rise by P0.80 per liter; while the cost of diesel will be hiked by P0.40 per liter, based on pricing advisories sent to the Department of Energy and the media. Kerosene, which is another commodity in the weekly...
As Energy Secretary Alfonso G. Cusi has his attention on the sizzling political tension at the administration’s political party PDP-Laban, the power grid of Luzon grid made its own scene as it plunged Filipino consumers into brownouts while they are being inconvenienced with extremely hot summer...
For the government to have a coordinated effort on its fight against fuel smuggling, the Department of Energy (DOE) has batted for ‘reconciliation of data’ among all relevant government agencies so they can also harmonize strategies on how to fend off that lingering menace in the industry. To...
As a remedy to the recurring problem of scant power reserves that subsequently results in higher electric bills or brownouts, the Wholesale Electricity Spot Market (WESM) will start integrating ancillary services (AS) or power reserves in its trading activities by December. According to Assistant...
Filipino motorists will need to tighten their financial belts further, as pump prices are anticipated to go up again next week, according to oil companies. Based on initial computation, oil firms said the price of gasoline could increase by P0.60 to P0.70 per liter; diesel prices by P0.35 to P0.45...
The Department of Finance (DOF) said the exchange of information between the Department of Energy (DOE) and the government’s two main tax agencies will boost the implementation of the first-ever nationwide fuel marking program. Screen Shot 2021-05-28 at 10.31.20 AM Finance Secretary Carlos G....
Congress is being urged to craft a legislative measure that shall seek to remove or renegotiate feed-in-tariff (FIT) incentives to renewable energy (RE) projects -- given that this separate line item in the bill has been driving up electricity rates paid for by Filipino consumers. That...
An energy official from the European Union (EU) has underscored the need for inclusivity in pursuing Energy Efficiency and Conservation (EE&C) in the Philippines, particularly outside of Luzon. (Photo from DOE Facebook page) “In this time of the COVID-19 (coronavirus disease) pandemic, it is...
The Department of Energy has finally approved the long-awaited shorter trading interval for the Wholesale Electricity Spot Market to start next month. The short trading interval, from one hour to 5 minutes, will go “live” or be in commercial operation starting June 26. However, the energy...
