The Department of Energy (DOE) has been in talks with the consortium-members of the Malampaya gas field project on prospects of retaining the oil-linked gas pricing formula in the targeted new gas sale and purchase agreements (GSPAs) that shall be cemented for the 15-year service contract extension...
The feed-in-tariff allowance (FIT-All) fund is seen teetering on deficit by February billing, hence, that prompted the Energy Regulatory Commission (ERC) to re-impose next month the collection of the P0.0364 per kilowatt hour (kWh) subsidy for the qualified renewable energy (RE) projects. “As the...
Filipino-led Citicore Renewable Energy Corporation (CREC) will fork out P35 billion worth of capital expenditures (capex) for this year, primarily to advance the completion and commercial operations of the first batch of its gigawatt-scale solar installations. In an interview with the media, CREC...
Gokongwei-led JG Summit, through its renewable energy (RE) subsidiary Merbau Corporation, will be expanding solar investments outside of the conglomerate’s span, so they can similarly help other businesses achieve their decarbonization strategies. The forward business plan is being firmed up...
The Department of Energy (DOE) has started publishing the national average for unbundled rates of the electricity vehicle charging stations (EVCS) so these can duly guide consumers on their patronage of this emerging transport system in the country. In the segregated EV charging station (EVCS)...
Motorists filling up their vehicles with diesel products will have to brace for a bigger squeeze in their pockets this week, as the price of this commodity will rise by P0.90 per liter, according to the pricing adjustment advisories of the oil companies. For gasoline products, the increase will be...
The penalties being collected by the Energy Regulatory Commission (ERC) has been proposed to be re-channeled as compensation to consumers who are casualties of blackout incidents, similar to the four-day power failure which plunged Western Visayas into a state of economic vulnerability and...
The Department of Energy (DOE) is already preparing warranted standards for the targeted escalation of ethanol blend to gasoline products at the level of 20% (E20) by volume from currently at 10%. To firm up the eventual Philippine National Standard (PNS) for gasoline with higher bioethanol...
The Department of Energy (DOE) is recommending the establishment of a ‘new protocol’ that shall firmly guide National Grid Corporation of the Philippines (NGCP) on power supply-demand balance at the course of its grid operations during emergency situations. As stated by Energy Undersecretary...
The intensified cooperation between the Philippines and Indonesia on energy will greatly help the country address its energy security goals – primarily in the transition period when need for coal plants as well as the increasing shift to liquefied natural gas (LNG) fuel will still bridge domestic...
Senator Francis “Chiz” Escudero said the power firms responsible for the power outage in Western Visayas should be penalized for their inefficiency. Escudero pointed out that the island-wide power outage has caused so much business losses and opportunities for the affected cities and...
Senator Sherwin Gatchalian on Wednesday, January 3 called on the Department of Energy (DOE) to explain the continued delay in the submission of a new energy roadmap. Gatchalian pointed out the DOE is supposed to submit to Congress an updated energy roadmap by September 15 of each year...