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....
European firm Mainstream Renewable Power (Mainstream) has signed service contracts with the Department of Energy (DOE) for two greenfield onshore wind power projects to be developed separately at demarcated sites in Luzon and Visayas grids. The service contracts were secured by Mainstream on 100%...
The Department of Energy (DOE) should ready its contingency plans to ensure there would be enough supply of electricity as warmer weather conditions continue to heighten due to the impact of the El Niño phenomenon. “El Niño is going to be a big concern for our country not just in terms...
Senator Sherwin Gatchalian called on the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) to conduct an independent investigation on the validity of a joint venture company operating in Negros Island. Gatchalian, vice chairman of the Senate Committee on Energy, was...
Consumers will be perked up slightly next week, as oil prices will just be on modest rollback at the domestic pumps, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.55 to P0.95 per liter; while diesel prices will...
TORONTO – The Nuclear Energy Program Inter-Agency Committee (NEPIAC) led by the Department of Energy (DOE) is seeking the concurrence of the Department of Finance (DOF) to a proposed deal with the South Korean government on a new feasibility study that must be undertaken to re-assess technical...
TORONTO – The Philippine government is exploring collaboration or cooperation deal with the Canadian government and its industry players on reinforcing research and development (R&D) initiatives that will aid the country on its nuclear rebirth by the turn of the decade. That intent has been...
With its continuous commitment to uphold climate action and the mission to expedite the transition of energy across the Asia Pacific region, Vena Energy expresses support for the country’s effort and active promotion of renewables in the energy mix, lowers prices, employment increases, and...
Leading snacks company Mondelēz International in the Philippines has advanced its sustainable snacking platform by becoming a member of the Net Zero Carbon Alliance (NZCA). This move is in line with the company’s global commitment to achieve net zero carbon emissions across its full value chain...
President Marcos is hopeful to partner with Australian to address the impact of climate change and discuss the possibilities in the clean energy sector. President Ferdinand 'Bongbong' Marcos Jr. speaks during the leaders' plenary session at the ASEAN-Australia Special Summit in Melbourne on...