The Department of Energy (DOE) on Thursday assured it is investigating if there is indeed possible collusion among power distribution firms to ascertain if this is the cause of the recent rotational brownouts that occurred in Luzon. DOE chief Alfonso Cusi told the Senate Energy Committee the agency...
The Securities and Exchange Commission (SEC) has approved Energy Development Corporation’s plan to offer up to P15 billion worth of fixed-rate ASEAN green bonds. In its meeting on June 8, the Commission En Banc resolved to render effective the registration statement of EDC covering securities...
Senator Risa Hontiveros has urged the Senate to probe the failure of the government to bring down the cost of electricity rates in the country 20 years after the enactment of the Electric Power Industry Reform Act or the EPIRA Law. In filing Senate Resolution No. 746, Hontiveros said it is...
The Department of Energy (DOE), headed by Secretary Alfonso Cusi, should own up and take responsibility for the power outages happening in Luzon and Metro Manila, Senator Sherwin Gatchalian said. Gatchalian said the agency must accept accountability, since it is mainly responsible for implementing...
The House Committee on Energy on Monday, May 24 approved a bill that would give the Joint Congressional Energy Commission (JCEC) a permanent status, removing in the process its expiration as a body exercising oversight functions on the energy sector. In a committee hearing alternately presided over...