COPENHAGEN - The final investment decision (FID) of multinational energy giant Royal Dutch Shell for its offshore wind (OSW) ventures in the Philippines will largely depend on the tariff rate that regulators will be implementing, according to a key executive of the company. In an interview, Sarah...
COPENHAGEN - The Danish government and its private sector players have expressed willingness to participate in prospective public-private partnership (PPP) as well as extending concessional loans to various sub-segments of the emerging offshore wind (OSW) industry and in energy infrastructure...
The government, through the Department of Energy (DOE), will demarcate the specific functions and responsibilities to be assumed by the national government agencies (NGAs) as well as local government units (LGUs) in hosting and on the permitting processes for offshore wind farm installations;...
Some senators agree in principle that nuclear energy is a potential solution to the Philippine’s perrenial power problem but stressed there is a need to raise public awareness and ensure public safety. Sen. Christopher “Bong” Go said the proposed construction and operation of a...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) Olongapo City Mayor Rolen Paulino Jr. has told congressmen that the city government cannot, and will not, pay its rather enormous P7.33-billion debt to the National Power Corporation (Napocor) and Power Sector Assets and Liabilities...
The Energy Regulatory Commission (ERC) is requiring system operator National Grid Corporation of the Philippines (NGCP) to submit data on contracted capacities to be awarded for its ancillary services (AS) procurements, to help assess cost impact on consumers. “We are asking them (NGCP) for the...
COPENHAGEN – Energy Secretary Raphael P.M. Lotilla told prospective global investors eyeing the Philippine offshore wind industry that the Department of Environment and Natural Resources (DENR) will soon be issuing the "regulatory framework" for the approval of environmental clearance for offshore...
COPENHAGEN – The Subic Bay Metropolitan Authority (SBMA) is planning to craft a policy that will hasten the entry of investor-proponent on the re-purposing of port infrastructure facility that will service offshore wind (OSW) investments in the Philippines. SBMA has been part of the Philippine...
Senator Raffy Tulfo deplored the sky-high charges of energy generation companies (gencos) despite the drop in prices of coal in the global price index. Compared to other countries in Asia, Philippines has one of the highest electricity costs even though the price of coal imports is all based on the...
United States (US)-based solar energy firm Maxeon plans to make a $900 million solar energy investment in the Philippines that would create an estimated 3,000 jobs. (Photo from the Presidential Communications Office) The company, which operates under the name of Sunpower Philippines Manufacturing...
Senate President Juan Miguel Zubiri on Wednesday, May 3, asked the Department of Energy (DOE) and the National Grid Corporation of the Philippines (NGCP) to solve the recurring blackouts in Western Visayas. "The DOE and the NGCP must step up and answer for the massive...
The Philippine government, through the Department of Energy (DOE), will be seeking "transition financing” from the United States that could be funneled into improving climate resiliency as well as in greening the energy infrastructure of the country. According to Energy Secretary Raphael P.M....