The Department of Energy (DOE) has opened the fourth Green Energy Auction (GEA 4) through its newly released bidding framework. In a statement on Wednesday, March 12, the DOE unveiled the terms of reference (TOR) which lays out the technical, financial, and commercial requirements that would manage...
To safeguard consumers and ensure adherence to government standards, the Department of Energy (DOE) has called on liquefied petroleum gas (LPG) businesses to comply with the LPG Industry Regulation Act (LIRA). In a statement on Monday, March 10, the DOE said that failure to comply could lead to...
HOUSTON – Global CEOs, policymakers, and industry leaders are once again gathering at the annual CERAWeek in Texas, and if there’s ever a time to raise an eyebrow and clutch your coffee tighter, it’s now. With the Trump administration’s sharp ‘detour’ plowing through global energy...
ERC confirms retail aggregation down to household level is possible, but implementation will be phased. Focus group discussions are underway to build a roadmap for the household threshold. The Energy Regulatory Commission (ERC) has assured that retail aggregation is feasible down to the...
Philippines-based renewable energy (RE) firm Berde Renewables Inc. is set to help accelerate green energy developments in Thailand. In a statement, Berde Renewables and Thailand’s Power Systems and Solutions Co. Ltd. (PSS) announced a joint venture to develop and deploy solar photovoltaic,...
ILOILO CITY — The Department of Energy (DOE) has selected Iloilo province as the pilot area in the country for its proposed energy infrastructure ordinance. THE Department of Energy (DOE) led by Undersecretary Sharon Garin meets Iloilo provincial government officials led by Gov. Arthur 'Toto'...
The National Power Corporation (NPC) has sought approval from the Energy Regulatory Commission (ERC) to recover costs through incremental currency exchange rate adjustment (ICERA). A notice posted by the ERC showed that NPC has requested approval for the recovery of approximately ₱21 million,...
The Department of Energy (DOE) has projected higher energy demand in Luzon during the summer. Following the recent heat index levels, the DOE reported a peak demand projection of 14,769 megawatts (MW) in Luzon, while Visayas could reach 3,111 MW, and Mindanao, 2,789 MW. “The maximum adjusted...
Meralco PowerGen Corporation (MGen) has expressed interest in revisiting the Caliraya-Botocan-Kalayaan (CBK) hydropower complex, depending on specific deal structures. Emmanuel V. Rubio, president and chief executive officer (CEO) of MGen, shared in an ambush interview that they may revisit the...
The much-anticipated fresh round of extensive feasibility study for the targeted revival of the 620-megawatt Bataan Nuclear Power Plant (BNPP) will be facing delays due to “compliance concerns” that the governments of the Philippines and South Korea have yet to accomplish. In an exclusive...
The Department of Energy (DOE) has kicked off a key bilateral initiative with the Republic of Korea in support of the ongoing renewable energy (RE) efforts in the Philippines. According to the DOE, both parties have begun the knowledge sharing program (KSP), which is meant to be a strategic...
Terra Solar Philippines Inc. (MTerra Solar), a unit of SP New Energy Corporation (SPNEC), announced it has secured a ₱150 billion omnibus loan and security agreement (OLSA) with six local banks. In a disclosure to the Philippine Stock Exchange on Friday, Feb. 28, MTerra Solar said the 15-year...
