The Department of Energy (DOE) has awarded Qualified Service Person (QSP) accreditation to three Liquefied Petroleum Gas (LPG) associations, ensuring the safe, efficient, and professional delivery of LPG services to the public. The DOE’s Oil Industry Management Bureau (OIMB) awarded QSP...
The Energy Regulatory Commission (ERC) has firmed up the intricate ‘tariff-setting parameters’ or price determination methodology that will anchor the 20-year power supply agreements (PSAs) in the third Green Energy Auction (GEA-3) to be administered by the Department of Energy (DOE) -...
Senator Francis Tolentino criticized the Energy Regulatory Commission (ERC) for its apparent inefficiency in managing power rate resets. Tolentino has expressed serious concerns over the agency, noting how it handled the rate reset process for Manila Electric Co. (Meralco), zeroing in on its lack...
If you visit Villa Escudero today, that 800-hectare eco-tourism estate thriving in the lush greenery of Tiaong town in Quezon, you wouldn’t have known it once stood as a sugarcane farm that had developed into a self-sustaining coconut plantation. This was achieved through its hydroelectric plant...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has expressed high hopes for green power—particularly the development of wind, solar and other variable renewable energy (VRE)...
Motorists may need to brace themselves for the holiday season as Christmas week is anticipated to bring another round of oil price hikes. Based on four-day Means of Platts Singapore (MOPS) trading and the average forex rate, analysts expect gasoline prices to increase by P0.35 to P0.80 per liter,...
Consumers may feel some relief at the start of the new year, as the Energy Regulatory Commission (ERC) has instructed private distribution utilities (DUs) to refund P1.18 billion. In a statement, the ERC said this refund stemmed from unused expenses intended initially for technical experts during...
Macquarie-led Blueleaf Energy Philippines has selected two Chinese energy companies as potential Engineering, Procurement, and Construction (EPC) contractors for its floating solar projects in Laguna. Pradeep Gopalakrishnan, Blueleaf senior project manager, said that these companies are Xian...
The Department of Energy (DOE) granted system impact studies (SIS) to seven renewable energy (RE) projects that will undergo evaluation to determine the power grid's capacity to accommodate new connections. Based on a document posted on the DOE website, the largest project is the 180 megawatt-peak...
The Energy Regulatory Commission (ERC) has denied the request of Manila Electric Company (Meralco) and San Miguel-led Masinloc Power Co. Ltd. (MPCL) to begin their Power Supply Agreement (PSA) ahead of schedule. In a statement, the ERC determined that awarding provisional authority for their PSA is...
After divesting its stake in Petron Corporation in 2008, trillion-dollar energy giant Saudi Aramco is reportedly plotting a re-entry into the Philippine energy sector. According to a highly placed source, this will be through a prospective merger and acquisition (M&A) deal with one of the...
The Department of Energy (DOE) is firming up a policy that will reduce the performance bond requirement for offshore wind projects to a leaner five percent, a departure from the typical 20 percent required in green energy auctions (GEA) for other renewable energy (RE) technologies. At a year-end...
