Renewed tensions in the Middle East and escalating shipping disruptions, which trigger severe oil price shocks, are straining consumers and global economic growth alike. Since we import the vast majority of our energy requirements, these tensions have unmasked the fragility of the country’s power...
Amid a prolonged global oil crisis, the Philippines is poised to secure fresh grant and loan financing from bilateral as well as multilateral partners to support power-sector reforms and the transition to more renewable energy (RE) sources. United States (US) aid agency Millennium Challenge Corp....
The Mindanao grid is expected to return to normal conditions soon after being placed under yellow alert on Wednesday, June 10, following power supply disruptions partly caused by the recent 7.8-magnitude earthquake. Energy Secretary Sharon Garin said roughly 800 megawatts (MW) of capacity initially...
The Department of Energy (DOE) is working with power grid operators and generation companies to restore electricity in Southern Mindanao after a major earthquake disrupted operations at power plants and severed transmission lines. Energy Secretary Sharon S. Garin said in a media briefing that the...
As the proposed Philippine Strategic Petroleum Reserve (PSPR) takes shape, consumers must keep a close eye on the government and their hands firmly on their wallets. While the country may need an oil stockpile, taxpayers and motorists should not end up becoming the reserve’s permanent source of...
President Marcos has directed the Department of Energy (DOE) to restore power supply to normal levels as soon as possible. In his recent meeting with Energy officials, Marcos made several orders to the DOE, Palace Press Officer and Communications Undersecretary Claire Castro said. "Mahaba-haba po...
SM joined the Department of Energy (DOE) in rolling out O.N.E.: Oras Natin sa Efficiency, a nationwide energy efficiency movement that calls on Filipinos to turn awareness into action through simple, collective energy-saving habits. Launched through a ceremonial switch-off event at the Mall of...
Real estate giant Ayala Land Inc. (ALI) is expanding its participation in a government-led energy conservation initiative by committing its entire real estate portfolio to the program rather than just its shopping malls. Robert S. Lao, ALI chief sustainability officer, said the developer will...
The Philippines is planning to establish its first state-owned strategic fuel stockpile, aiming to double the nation 's energy buffer to 60 days to insulate the economy from global supply shocks, the Department of Energy (DOE) said. In an interview, Energy Secretary Sharon Garin said the...
As yellow and red alerts return to the Philippine grid, the recurring drop in power supply exposes deep weaknesses in the country’s energy system. Delayed infrastructure, aging plants, thin reserves, and rising demand continue to strain the national electricity grid, leaving millions vulnerable...
It takes small, everyday actions to keep the darkness at bay, a sentiment that echoes the impact of kindness and love found in community efforts as well as individual actions. The Department of Energy (DOE), in partnership with SM Supermalls, officially launched the O.N.E Oras Natin sa Efficiency...
The Philippines is set to secure another $1-billion loan from the World Bank in June, this time for an energy project follow-through and coupled with a $20-million grant, making the package the largest single financing commitment extended to the country by the Washington-based multilateral lender....
