TORONTO – The Energy Regulatory Commission (ERC) is enthusiastically poring over the structural changes implemented by the Ontario Energy Board (OEB), primarily on regulation frames that are also viable for enforcement in the Philippine power sector. Following a meeting with Ontario Energy Board...
TORONTO – Emerging regulators in the Philippines are weighing up options whether to undertake relicensing process or to just opt for technology design review of the nuclear reactors that will eventually be imported for deployment in the domestic power industry. The 'Power Women' who are...
An earlier-anticipated rollback in pump prices had been demolished after Friday (March 15) trading, hence, the prices of gasoline and kerosene commodities have been calculated to go up slightly next week, according to the oil companies. The industry players estimated that the price of gasoline...
Countryside Investments Holdings Corporation (Countryside), a company wholly owned by Leandro Leviste, is investing over P5 billion to help propel the development of rural Batangas. In a statement, Leviste said this will be done in partnership with his renewable energy firm Solar Philippines Power...
Malampaya project operator Prime Energy Resources Development B.V. has awarded $69.9 million worth of contract to American firm Noble for the planned drilling of at least three new wells in the aim to reinforce gas production at the depleting field. On the company’s announcement, it indicated...
TORONTO – Players in the nuclear industry in Canada are ready to export their technologies as well as technical capabilities to the Philippines once the country decides firmly on the resurgence of its nuclear power ambitions. Ontario Energy Minister Todd Smith conveyed to a recent delegation from...
Ayala-led ACEN Corporation has clinched ‘B’ rating from CDP, a non-profit global entity which is authoritatively handling the disclosure platform for climate change impacts of investors, corporates and even government instrumentalities like cities and states. According to the company, its new...
TORONTO - Power utility giant Manila Electric Company (Meralco) is targeting to cement a partnership agreement with Canada’s OntarioTech University for a scholarship program geared toward enhancing the know-how and expertise of Filipino talents on the nuclear power development space....
TORONTO – Investors who are seriously looking at infusing heavy capital for nuclear power projects in the Philippines are decisively assessing concerns on siting as well as certainty of regulatory frameworks being the challenges that could make or break a deal in the resurgence of this...
To reduce the electricity demand sourced from higher emission intensity, ACEN Corp.’s wholly owned subsidiary in Australia partnered with SmartestEnergy to offtake renewable electricity generated from the New England Solar project in New South Wales. The Ayala-led energy firm disclosed on...
TORONTO – Heeding key lessons learned from various energy markets, the Department of Energy (DOE) is keen on pushing for ‘premium incentives’ so the government could eventually entice investment-dollars for the country’s nuclear ambitions as reinforcement in the future energy mix. Energy...
TORONTO – Long term power supply agreements (PSAs) may thrive as the ‘gold standard’ in securing the confidence of investors if the Philippines will ultimately decide on integrating nuclear power as a strategic component of its future energy mix, according to the Energy Regulatory Commission....