The Department of Energy (DOE) has been keeping an eye out for potential violations within the oil industry amid concerns over possible cartelization. DOE Officer-in-Charge (OIC) Sharon S. Garin explained that the agency does not have official policies on these matters; however, it can act as a...
The Department of Energy (DOE) is pushing forward with its hydrogen exploration efforts, conducting a survey in two Luzon provinces to gather geological and environmental data that will guide service contractors in their exploration activities. In a briefing, DOE Energy Resource Development Bureau...
The Energy Regulatory Commission (ERC) has approved nearly ₱28.3 billion in recoveries for the National Grid Corporation of the Philippines (NGCP), a decision expected to lead to higher power rates for consumers starting in August. ERC Chairperson Monalisa Dimalanta announced on Monday, July 7,...
Motorists are getting another round of relief as oil prices are set to go down further this week. Starting Tuesday, July 8, gasoline prices will decrease by ₱0.70 per liter, diesel by ₱0.10 per liter, and kerosene by ₱0.80 per liter. Shell Pilipinas, Seaoil, PetroGazz, and PTT are among the...
Aboitiz Power Corporation has announced its interest in participating in the Department of Energy 's (DOE) fourth round of the Green Energy Auction (GEA-4), aiming to significantly expand its renewable energy (RE) portfolio. Leo Lungay, Aboitiz Renewables, Inc. (ARI) vice president and general...
It took us ages to recognize the star of the show. Never was it the dirty emissions that have irreversibly jeopardized the planet. It’s the sun, awaiting the stardom that humanity should have long acknowledged. In a region in the Philippines, establishments allow the sun to “steal the show”...
Razon-led MORE Electric and Power Corporation (MORE Power) is raising the share of clean energy in its portfolio with the signing of a new Power Supply Agreement (PSA) that will add 6.6 megawatts (MW) to its Renewable Portfolio Standard (RPS) requirement. The agreement was signed between MORE Power...
With the Philippines preparing the legal groundwork for safer nuclear energy, the Department of Energy (DOE) assured the public that nuclear power will not replace renewable energy, while its costs will be competitive with those of fossil fuels in the long term. The DOE reaffirmed its commitment to...
The Energy Regulatory Commission (ERC) doubled its regulatory issuances and actions in the second quarter of the year compared to the previous quarter, resulting in an additional 6,150 megawatts of fresh supply injected into the country’s power grid. In a statement, the ERC said that there were...
President Marcos has pitched the Philippines as a rising destination for clean energy investments and digital innovation, telling Asian business leaders that the country is ready to host renewable-powered factories and high-tech hubs. Marcos said this as he welcomed business leaders participating...
The Board of Investments (BOI) has endorsed ₱5.75 trillion worth of projects under the green lane status by the end of June, with the bulk of the investments directed to the renewable energy (RE) sector. Data from the BOI showed that 222 projects have been certified to go through the green lane...
To prepare the grid for an anticipated surge in renewable energy (RE) projects, the National Grid Corporation of the Philippines (NGCP), its technical partner State Grid Corp. of China (SGCC), and the Department of Energy (DOE) have discussed key policies and strategies. Representatives from NGCP...