DUBAI, UAE -- The South Luzon Thermal Energy Corp (SLTEC) generating asset of Ayala-led ACEN Corporation is catching the attention of the world, as this has been tapped as a ‘candidate plant’ for transition credits that will potentially showcase to the world that earlier retirement or phaseout...
DUBAI, UAE – Raising warning that current policies and ‘business-as-usual’ development business models have been catapulting the planet’s tumble into ‘crash and burn’ with 3.0-degree Celsius temperature rise, United Nations Secretary General Antonio Guterres sent a clear message to all...
It will not be a mandatory policy – rather, it will be a voluntary retirement or re-purposing of coal-fired power plants that the Department of Energy (DOE) will be advocating for in the country’s multi-tiered ‘just energy transition’ paradigm. As presented by Energy Undersecretary Rowena...
The Department of Energy (DOE) is planning to re-calibrate the country’s power mix by opting to retire coal-fired power facilities at the scale of 5,000 megawatts in the medium term. According to Michael Sinocruz, director of the DOE’s Energy Policy and Planning Bureau, that has been one of the...
Revenue stream from its Dinginin coal-fired power plant had been the main driver of Aboitiz Power Corporation’s income surge to P17.8 billion in the first half, 79 percent jump from P10 billion in a comparative period last year. The income surge was largely boosted during the second quarter...
# DOE targets 8,000MW add'l capacity until 2028 By MYRNA M. VELASCO The Department of Energy (DOE) is eyeing roughly 8,000 megawatts of capacity addition to meet peak demand growth of up to 25,000MW (MW) until 2028 of the Marcos administration. The energy chief said the projected demand escalation...
Listed firm Aboitiz Power Corporation plans to kick off study next year on co-firing ammonia with coal-fed power plants, as a way to pare the carbon intensity of these environment-assaulting power generating assets. “We’re looking at having that [feasibility] study perhaps starting next year....
New coal power plant projects in the Philippines had been on steep decline since the issuance of a moratorium by the Department of Energy in 2020, according to advocacy group Global Energy Monitor. “Coal plant proposals in the Philippines have been rapidly shrinking since the 2020 moratorium on...
The proposed coal-fired power plant project of Chinese firm Kingstone Energy is not in the “indicative” or “committed” list of projects of the Department of Energy (DOE), hence, that could warrant its ultimate disqualification from the competitive selection process (CSP) of Manila Electric...
