As global oil prices crashed, Filipino consumers can look forward to big-time rollback in pump prices at the domestic pumps by next week, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will have the heftiest price cut within the...
The Department of Energy (DOE) is working on a policy that will underpin investments as well as the development of hydrogen technology for application across multiple industries in the country – primarily the need for retrofit of some power generating facilities as well as energy storage systems....
The board of directors of renewable energy pioneer Alternergy Holdings Corporation has given go-signal on the reallocation of substantial portion of its initial public offering (IPO) proceeds to bankroll the construction of its two major wind power projects. With that decision, the company conveyed...
This early, the Department of Energy (DOE) is keeping consumers up to speed that the country’s transition to renewable energy (RE) will not only be a long journey, but there’s also high probability that it will add up costs into the electric bills of consumers. “Nobody is going to tell you...
The Asian Development Bank (ADB) is currently undertaking studies on ‘de-risking strategy’ that can be employed in the planned development of the array of geothermal power development prospects in the country. According to Energy Undersecretary Rowena L. Guevara, the de-risking roadmap “will...
Many of the renewable energy (RE) investors that are now advancing the implementation of their blueprinted projects have been pitching for local sourcing of supply as well as equipment that they can utilize in the construction and overall development of their projects. Energy Secretary Raphael P.M....
Investors from Denmark are eyeing to join the tender process for the propounded multi-billion power transmission projects that the government is targeting to offer via its Smart and Green Grid System (SGGS) development platform. According to Denmark Ambassador to the Philippines Franz-Michael...
A carbon offsetting strategy is being proposed for the fuel usage of the aviation industry, but the policy terrain remains uncertain how the Department of Energy (DOE) and the government in general will be advancing this as part of the country’s overall decarbonization pathway. The energy...
The Department of Energy (DOE) has cornered at least 13 offers for renewable energy (RE) projects across hydro, geothermal and wind energy technologies that had been auctioned via the 4th Open and Competitive Selection Process (OCSP4) carried out by the agency. The energy department conveyed that...
Senator Risa Hontiveros on Tuesday, October 3 urged energy officials to implement game-changing reforms to reduce energy costs and alleviate the burden of electricity consumers. For one, Hontiveros said the National Grid Corporation of the Philippines (NGCP) and other private distribution...
Publicly-listed firm Alternergy Holdings Corporation has tapped three investment banks to raise P12 billion worth of loans to bankroll the company’s wind power projects to be sited in Rizal and Quezon provinces. For the targeted fund raising activity, the pioneer renewable energy company had...
Beyond the volume that shall be allocated for its domestic requirements, the government of Indonesia has assured continuous coal supply that can be utilized by the power plants in the country, according to Energy Secretary Raphael P.M. Lotilla. “Our bilateral with Indonesia is making sure that...
