Following a major investment by the Maharlika Investment Corporation (MIC) in the National Grid Corporation of the Philippines (NGCP), the Department of Energy (DOE) announced that this partnership aims to resolve ongoing delays in transmission and interconnection projects that have long plagued...
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) and the Ministry of Energy of Saudi Arabia are set to implement the energy cooperation that was signed last month. In a statement on Wednesday, Nov. 6, the DOE and Saudi Arabia announced a series of bilateral meetings to develop a roadmap for implementing petroleum...
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,...
A whopping scale of capital mobilization that will reach as much as $500 billion (roughly P27.5 trillion) will have to be concretized so the country’s energy systems will be substantially decarbonized, according to the Department of Energy. As cited by the energy department, “the Philippines is...
A major thorn on the side of the project developers will be cleared, as the Philippine Ports Authority (PPA) has finally affirmed its support to the repurposing of three major ports that will underpin the commercial advancement of gigawatt-scale offshore wind (OSW) farm projects. In a statement to...
The Department of Energy (DOE) is making a bold promise to power plant investors that it will be extending utmost help so they can secure warranted permits with the national government agencies (NGAs) as well as with their host-local government units (LGUs) so that the P1.29 trillion worth of...
The Department of Energy (DOE) is still undecided if it will grant the application for certification that will greenlight the planned 1,200-megawatt Atimonan coal-fired power project of Meralco PowerGen Corporation (MGen), the power investment arm of utility giant Manila Electric Company. When...
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 Department of Energy (DOE) is batting for an issuance of system impact study (SIS) for power projects that shall be shorter than three months, so the country can further speed up developments in the renewable energy (RE) sector. According to Energy Secretary Raphael P. M. Lotilla, the length of...
