There will be mixed bag of price adjustments at the pumps next week, although the cost swings will just be very marginal, according to the estimates of the oil companies. As projected by the industry players, the price of gasoline products may not change or there would be very marginal rollback of...
(Photo from Meralco) Santa Rosa lone district Rep. Dan Fernandez is prodding the Energy Regulatory Commission (ERC) to halt the alleged questionable 1,800-megawatt (MW) power supply agreement (PSA) that the Manila Electric Company (Meralco) intends to bid...
The Energy Regulatory Commission (ERC) met with representatives from different power generation companies in Mindanao to apprise them of the revised requirements for obtaining certificates of compliance (COCs). In a statement, Sharon Montañer, ERC market operations service (MOS) director,...
The Energy Secure Philippines (ESP) project of the United States Agency for International Development (USAID) is extending development assistance to the Philippine government for the right-skilling and upskilling of workers in the flourishing offshore wind industry of the country. The American aid...
The Energy Regulatory Commission (ERC) will no longer prescribe a ‘reserve price’ for the scheduled green energy auction (GEA) covering geothermal capacity developments. “We just agreed with the DOE (Department of Energy) on the parameters how we will eventually approve the rates in the PSAs...
The House plenary (Speaker’s office) Congressmen have declared themselves ready for nuclear energy. With a vote of 200-7-2 (yes-no-abstain), the House of Representatives has overwhelmingly passed on third and final reading House Bill (HB) No. 9293, or the...
The Department of Energy (DOE) has prequalified at least eight (8) bidders in the scheduled competitive selection process (CSP) or tendering for the electrification of at least 98 off-grid sites covering 15,645 households. These firms which will be joining the Microgrid Service Provider (MGSP)...
“We’ve got the POWER" will soon roar as a confident declaration of industry and government collaboration. The trailblazing initiative that is already gaining traction among serious investors and industry players is the institutionalization of the Pilipinas Offshore Wind Energy Resource...
Merbau Corporation, the renewable energy (RE) business unit of the Gokongwei-led JG Summit Holdings, Inc., has viably advanced to commercial operation its 13.811-megawatt peak (MWp) solar installation in Batangas City, a project touted as the biggest in the solar rooftop genre that has been...
The array of development and technical assistance being extended by the Energy Secure Philippines (ESP) program of the United States Agency for International Development (USAID) has been facilitating the integration of energy permitting processes of the local government units (LGUs) into the energy...
Senator Sherwin Gatchalian on Monday, November 20 urged the Marcos administration to ensure safety in the potential use of nuclear energy. Gatchalian made the call after the Philippines and the United States signed a landmark deal that would allow Washington to export nuclear...
There will be extended financial relief for consumers at the pumps next week, as oil prices are anticipated to have moderate rollback, based on the computation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.60 to P1.00 per liter; while...
