TACLOBAN CITY – The province of Northern Samar aims to become the wind energy capital of the Philippines with the implementation of a P108-billion wind energy project by an offshore company. GOV. Edwin Ongchuan (second from left) listens to a presentation on a P108-billion wind energy...
President Marcos directed the Department of Energy to look into the proposal to allow third parties to construct transmission projects in the country. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA/Yummie Dingding) "I have also directed the Department of Energy and the ERC (Energy...
The commercial operations of the ancillary services (AS) market will guarantee the full procurement of power reserves needed by system operator National Grid Corporation of the Philippines (NGCP) in efficiently running the country’s electricity system. After more than a decade of planning, policy...
The Department of Energy (DOE) said the government was able to conserve more than P300 million in electricity and P25 million in fuel expenses last year due to a policy that limits fuel and energy consumption in agencies. The implementation of the Government Energy Management Program (GEMP)...
TOKYO, Japan – A Japanese company has presented an offer to the Philippine government on the application of an artificial intelligence-based (AI) technology that can systematically track power outages and could also aid in right-sizing the design of transmission network as well as other...
MGen Renewable Energy Inc. (MGreen), a subsidiary of Manila Electric Company (Meralco), has completed its P15.9 billion acquisition of a controlling stake in SP New Energy Corporation (SPNEC). This comes after the Securities and Exchange Commission (SEC) approved the amendment to SPNEC’s articles...
President Marcos has ordered all government agencies to accelerate the implementation of the Government Energy Management Program (GEMP) to conserve energy amid the high demand due to the El Niño. Malacañang issued Administrative Order (AO) No. 15 on Monday, Jan. 22, ordering national...
Following the shutdown of a power station last Jan. 17, the Department of Energy (DOE) said that Panay Island's electricity supply remained stable, and normal operations were resumed within a few hours. In a statement, Energy Assistant Secretary Mario Marasigan said that there are no rotational...
Motorists will have to brace for fresh round of financial pain next week as pump prices are anticipated to rise by a relatively significant level that will inch close to P1.00 per liter for gasoline and diesel products, based on the calculation of the oil companies. According to the industry...
The Department of Energy (DOE) has been in talks with the consortium-members of the Malampaya gas field project on prospects of retaining the oil-linked gas pricing formula in the targeted new gas sale and purchase agreements (GSPAs) that shall be cemented for the 15-year service contract extension...
The feed-in-tariff allowance (FIT-All) fund is seen teetering on deficit by February billing, hence, that prompted the Energy Regulatory Commission (ERC) to re-impose next month the collection of the P0.0364 per kilowatt hour (kWh) subsidy for the qualified renewable energy (RE) projects. “As the...
Filipino-led Citicore Renewable Energy Corporation (CREC) will fork out P35 billion worth of capital expenditures (capex) for this year, primarily to advance the completion and commercial operations of the first batch of its gigawatt-scale solar installations. In an interview with the media, CREC...
