As data center project-proponents have been firming up their investment plans in the Philippines, the Department of Energy (DOE) indicated that it will match up their electricity needs with the investors putting up renewable energy (RE) facilities in the country. “A number of investors presented...
The Malampaya consortium led by field operator Prime Energy of the Razon group will cough up $600 million to $630 million in fresh capital outlay for the first phase of its committed work program that will include the drilling of 2-3 production wells. In a briefing with the media, Energy...
Following the 15-year renewal of the Service Contract 38 for the Malampaya project, Razon-led operator firm Prime Energy can already carry out exploration drilling activities beyond the existing production area of the depleting gas field. This developed after President Ferdinand R. Marcos Jr....
Energy Secretary Raphael P. M. Lotilla said that President Ferdinand R. Marcos Jr. during his recent meeting with US President Joe Biden highlighted renewable energy (RE) and the "loss and damage" concept, which seeks to compensate countries that have little contribution to global climate change....
Following the series of transmission facility-induced rotational blackouts in the Luzon and Visayas grids, the Department of Energy (DOE) announced that a two-tiered follow-through audit on the performance of system operator National Grid Corporation of the Philippines (NGCP) will be carried out –...
COPENHAGEN - The final investment decision (FID) of multinational energy giant Royal Dutch Shell for its offshore wind (OSW) ventures in the Philippines will largely depend on the tariff rate that regulators will be implementing, according to a key executive of the company. In an interview, Sarah...
The government, through the Department of Energy (DOE), will demarcate the specific functions and responsibilities to be assumed by the national government agencies (NGAs) as well as local government units (LGUs) in hosting and on the permitting processes for offshore wind farm installations;...
COPENHAGEN – Energy Secretary Raphael P.M. Lotilla told prospective global investors eyeing the Philippine offshore wind industry that the Department of Environment and Natural Resources (DENR) will soon be issuing the "regulatory framework" for the approval of environmental clearance for offshore...
The Philippine government, through the Department of Energy (DOE), will be seeking "transition financing” from the United States that could be funneled into improving climate resiliency as well as in greening the energy infrastructure of the country. According to Energy Secretary Raphael P.M....
COPENHAGEN – The Philippine government, through the Department of Energy (DOE), has sounded off interest on accepting investment propositions and technology deployment anchored on "cradle-to-grave" parameters for nuclear power installations in the country. Energy Secretary Raphael P.M. Lotilla...
COPENHAGEN – A government-to-government collaboration is currently being discussed between the Philippines and Denmark for an "advisory work" that the Danish Energy Agency (DEA) could extend to the emerging offshore wind industry of the Philippines. In meetings with various relevant agencies in...
COPENHAGEN - The government, through the Department of Energy (DOE), is seen pushing for "state financing" to fast track grid integration of large-scale renewable energy and other power projects that must be developed within the Marcos administration. In his speech at the WindEurope 2023...
