The Department of Energy (DOE) said that delays in the privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant are due to setbacks in establishing the Price Determination Methodology (PDM). DOE Secretary Raphael P.M. Lotilla said the PDM, which sets electricity rates for the...
The Department of Energy (DOE) has tapped the Maharlika Investment Corporation (MIC) to explore nuclear costings and finances to help advance its development of alternative energy sources in the Philippines. On the sidelines of the Philippine International Nuclear Supply Chain Forum, Energy...
The Department of Energy (DOE) is awaiting President Ferdinand Marcos's approval to commence hydrogen exploration in the Philippines as part of the government's ongoing efforts to diversify its energy sources. On the sidelines of the Stratbase ADR Institute’s Pilipinas Conference 2024,...
The Department of Energy (DOE) said that it will sign a memorandum of understanding (MOU) with the Ministry of Energy of Saudi Arabia to strengthen international energy partnerships and promote a diversified and sustainable energy system. Energy Secretary Raphael P.M. Lotilla stated that the MOU,...
Several private sector organizations raised the need for the Philippines to balance energy security, affordability, and climate change concerns to drive its economic progress. In a joint statement on Tuesday, Aug. 13, the groups emphasized that the country ranks third lowest in energy supply...
The Philippine Chamber of Commerce and Industries (PCCI) has voiced its support for Energy Secretary Mr. Raphael P.M. Lotilla amid the recent graft complaint filed against him by certain progressive groups. In a statement on Monday, Aug. 5, the business group dismissed the graft charges...
The coal moratorium enforced in 2020 which sculpted the entry of more renewable energy (RE) investments remains as a non-negotiable policy stance to former Energy Secretary Alfonso G. Cusi if he will have his way, because that had drawn the line in the sand for the country’s greener future. In a...
The Philippines is eyeing to firm up collaboration and prospective private sector partnerships with the United States for targeted deployment of next-generation geothermal technologies in the country. According to Energy Secretary Raphael P. M. Lotilla, the Philippines will “identify advances...
In an effort to mitigate the current oil prices, President Marcos wants to reduce the trigger period for fuel subsidy from three months to one month, the Department of Energy (DOE) said. In a statement, Energy Secretary Raphael P.M. Lotilla said that Malacañang wants to change the language of the...
Senator Manny Pacquiao said the filing of libel or cyber libel charges should not discourage journalists in exposing wrongdoings in government, adding that the media is a necessary part of ensuring that honesty, efficiency and integrity will prevail in public service. Senator Manny Pacquiao with...
To pare the country’s carbon emissions without compromising energy security, the Department of Energy (DOE) is examining the feasibility of "mangrove sequestration" so carbon emissions of coal plants can be offset or managed. Energy Secretary Alfonso G. Cusi noted that while the department gives...
The Department of Finance (DOF) has advised caution in suspending excise tax on petroleum as it will incur substantial revenue losses for the government and may affect the budget for coronavirus recovery measures. In a memorandum submitted to Finance Secretary Carlos G. Dominguez III, Finance...
