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....
The Department of Energy (DOE) is drawing up a list of underperforming and offline power plants following a spate of grid alerts that hit Luzon and Visayas in May. In a briefing on Monday, June 1, DOE Undersecretary Mario Marasigan noted that since May 12, the country has experienced four red...
The Department of Energy (DOE) opened the application window for its delayed offshore wind auction, kickstarting a multi-gigawatt procurement process intended to accelerate the country’s transition toward clean power generation. Under the revised timeline for the fifth round of the Green Energy...
Twenty-five years after the Electric Power Industry Reform Act (EPIRA) restructured the country’s electricity sector, government and industry players are expected to raise a toast to “market liberalization” as a success story. Whether consumers feel just as energized, however, is another...
The Philippines is moving to establish its first systematic strategic petroleum reserve program to insulate the domestic economy from volatile global supply chains and geopolitical shocks, according to the Department of Energy (DOE). Under a newly established framework dubbed Partnership On Wide...
House Committee on Nuclear Energy Chairman Pangasinan 2nd district Rep. Mark Cojuangco didn 't mince words as he gave his opinion about the Department of Energy 's (DOE) policy on renewable energy (RE). Speaking during the joint hearing of the Committees on Energy and on Legislative...
APEC Party-list Rep. Sergio Dagooc is urging the government to review Department of Energy (DOE) and Energy Regulatory Commission (ERC) policies that may be contributing to both supply constraints and higher electricity costs. Dagooc made this call in light of the recent rotating brownouts in Luzon...
Cagayan de Oro 2nd district Rep. Rufus Rodriguez refuses to pin any blame on system operator National Grid Corporation of the Philippines (NBCP) as far as the recent rotating brownouts in Luzon and Visayas are concerned. The reason? The NGCP carried out its duty and ultimately fixed the problem,...
The Department of Energy (DOE) plans to require bidders for the upcoming Semirara coal mine auction to reserve part of their coal output for the domestic market as the government seeks to strengthen the country’s energy security amid lingering supply risks. Energy Secretary Sharon Garin told...
Amid recent power fluctuations in Luzon and recurring yellow alerts in Visayas grid, energy regulators and private-sector players are pushing for faster deployment of flexible and dispatchable power capacity to strengthen grid reliability during the dry season. During the Economic Journalists...
For Murang Kuryente Party-list Rep. Arthur Yap, the root cause of the recent rotating brownouts is simple: inadequate power supply. This was highlighted by Yap during the joint hearing of the House Committees on Energy and on Legislative Franchises Tuesday, May 26, on the back-to-back tripping of...
The National Grid Corporation of the Philippines (NGCP) has denied before congressmen allegations that it failed to submit reports in a timely manner to energy regulators regarding the back-to-back tripping of the 500 kilovolt (KV) Ilijan-Dasmariñas and Ilijan-Tayabas transmission lines. NGCP...