LONDON, England – The Philippine government is now advancing into the final stretch of negotiations for the terms and conditions of the ‘123 Agreement’ that will be signed with the United States for nuclear cooperation, according to Energy Undersecretary Sharon S. Garin. In an interview on...
LONDON, England – The Philippine government is eyeing to cement an agreement with state-run Korea Hydro & Nuclear Power (KHNP) for a new round and more comprehensive feasibility study on the planned repowering of the 620-megawatt Bataan Nuclear Power Plant (BNPP). In her presentation at the...
The financial agony of consumers will persist on their drive to the gasoline stations again next week, as pump prices will be rising for the 10th week, based on the forecast of the oil companies. As calculated by the industry players, the price of gasoline products will increase by P0.05 to P0.45...
LONDON, England – The Philippines is taking center stage at the ongoing World Nuclear Symposium here to apprise global investors of the Marcos administration’s renaissance play into nuclear power installations as part of the country’s energy mix by the next decade. Department of Energy (DOE)...
Investors from Norway and the United Kingdom who are placing their investment bets in the offshore wind industry of the Philippines have been reinforcing collaboration initiatives with the Philippine government on sorting out major bottlenecks that could stifle planned capital flow in the nascent...
Philippine companies that are eyeing to invest in small modular reactors (SMRs) are eyeing inclusion in the targeted negotiation for a trade agreement with the United States for planned nuclear technology installations in the country. According to Aboitiz Power Corporation President and CEO...
The Department of Energy (DOE) has admitted that the registration for the rollout of electric vehicle charging stations (EVCS) remains very slow, although there are expectations that this may pick up speed in the months ahead. Director Patrick T. Aquino of the DOE’s Energy Utilization Management...
The chain of financial distress at the oil pumps will continue for Filipino consumers, as petroleum product prices are anticipated to rise again at the pumps by Tuesday (September 5), according to the oil companies. Based on the calculation of the industry players, diesel products will increase by...
Anchoring it on average gross domestic product (GDP) growth rate of 6.0 to 8.0-percent, the Department of Energy (DOE) had cast an industrialization pace for the country as articulated in the updated Philippine Energy Plan (PEP) stretching through year 2050. “Consistent with the industrialization...
The Energy Regulatory Commission (ERC) issued advisory to relevant industry stakeholders that it will be holding new round of public consultations on the guidelines underpinning the competitive selection process (CSP) policy being enforced on the distribution utilities (DUs) and electric...
Consumers will feel the heat of a budget swell on their cooking fuel this month as the price of liquefied petroleum gas (LPG) will rise by a hefty P6.64 to P6.65 per kilogram or P73.04 to P73.15 for the standard 11-kilogram cylinder. Leading industry player Petron Corporation advised of LPG price...
The Department of Energy (DOE) is planning to re-calibrate the country’s power mix by opting to retire coal-fired power facilities at the scale of 5,000 megawatts in the medium term. According to Michael Sinocruz, director of the DOE’s Energy Policy and Planning Bureau, that has been one of the...
