The Department of Energy (DOE) will be issuing policy guidelines that will lay down the framework of incentives for targeted hydrogen-anchored investments in the country. According to Atty Patrick T. Aquino, director of the DOE’s Energy Utilization Management Bureau (EUMB), the draft guidelines...
The Philippine government will prioritize looking for investments in digital transformation and clean energy. In an economic briefing in Dubai, Budget Secretary Amenah F. Pangandaman said that digital transformation will improve public service delivery and reduce the cost of doing business in the...
A legal opinion is being sought from the Department of Justice (DOJ) on a targeted memorandum of agreement (MOA) that shall be signed by the Department of Energy (DOE) with the Department of Environment and Natural Resources (DENR) to sort out the concerns of investors on foreshore and seabed...
Power utility giant Manila Electric Company (Meralco) will be accelerating its fleet electrification to 25-percent by the turn of the decade, and this is a way for it to help speed up the country’s overall bid for electric mobility. Ferdinand O. Geluz, first vice president and chief commercial...
LONDON, England – There are only 5-6 sites that are currently viable to host nuclear power projects based on initial assessments done by various relevant government agencies, according to Energy Undersecretary Sharon S. Garin. She noted in an interview here that of the 11 sites previously...
LONDON, England – The Department of Energy (DOE) is seriously planning installations for a ‘parallel green grid system’ that will underpin the integration of mammoth renewable energy (RE) facilities, primarily the 50-gigawatt offshore wind (OSW) ramp up which is the dominant technology cast...
Ayala-led ACEN Corporation has committed tripling of investments in the Australian energy market to AU$6 billion until 2026; and that primarily gained recognition from visiting Australian Prime Minister Anthony Albanese. The Australian leader’s acknowledgment of the core ventures of the Ayala...
LONDON, England – The Philippine government is now advancing into the final stretch of negotiations for the terms and conditions of the ‘123 Agreement’ that will be signed with the United States for nuclear cooperation, according to Energy Undersecretary Sharon S. Garin. In an interview on...
LONDON, England – The Philippine government is eyeing to cement an agreement with state-run Korea Hydro & Nuclear Power (KHNP) for a new round and more comprehensive feasibility study on the planned repowering of the 620-megawatt Bataan Nuclear Power Plant (BNPP). In her presentation at the...
The financial agony of consumers will persist on their drive to the gasoline stations again next week, as pump prices will be rising for the 10th week, based on the forecast of the oil companies. As calculated by the industry players, the price of gasoline products will increase by P0.05 to P0.45...
LONDON, England – The Philippines is taking center stage at the ongoing World Nuclear Symposium here to apprise global investors of the Marcos administration’s renaissance play into nuclear power installations as part of the country’s energy mix by the next decade. Department of Energy (DOE)...
LONDON, England – The planned deployments of small modular reactors (SMRs) by a great deal of energy markets will drive the growth in nuclear power capacity in the decades ahead, according to a report that was released by the World Nuclear Association in an ongoing global symposium here....