Senator Sherwin Gatchalian is looking to file a bill that seeks to decouple the National Grid Corporation of the Philippines’ (NGCP) roles as both system operator and network transmission provider in a bid to address national security concerns. “I truly believe that the system operation of the...
The Department of Energy (DOE) said that it will sign a memorandum of understanding (MOU) with the Ministry of Energy of Saudi Arabia to strengthen international energy partnerships and promote a diversified and sustainable energy system. Energy Secretary Raphael P.M. Lotilla stated that the MOU,...
A total of 21 service contracts awarded by the Department of Energy (DOE) to Solar Philippines are in the process of termination. Senate President Pro Tempore Jinggoy Ejercito Estrada asks questions during the Finance Subcommittee E briefing held on Wednesday, October 9, 2024. Estrada not only...
The third Green Energy Auction (GEA-3) for geothermal, impounding hydro, and pumped-storage hydropower is expected to conclude before the end of the year. During a recent budget hearing, the Department of Energy (DOE) Undersecretary Rowena Guevara assured the Senate that this auction would...
Fuel retailers announced increases in the pump prices, marking the third consecutive week of hikes for diesel and the second week for kerosene, while gasoline prices will remain stable. Beginning Tuesday, Oct. 8, diesel prices will rise by P1 to P1.20 per liter. Gasoline prices are set to stay...
The Department of Energy (DOE) and the Department of Natural Resources (DENR) have partnered to speed up the exploration, utilization, and development of offshore wind projects. In a statement, the DOE said the two agencies entered into a memorandum of agreement (MOA) that allows access...
As the push for renewable energy (RE) gains momentum, the Department of Energy (DOE) emphasized the need for a fair transition for the private sector that has invested in coal facilities. During the Powertrends International Business Forum 2024, DOE Assistant Secretary Mario Marasigan...
The Department of Energy (DOE) said that consumers can expect a potential gasoline price rollback next week, while diesel prices are likely to increase. Rino Abad, DOE Oil Industry Management Bureau (OIMB) directo said these contrasting movements are due to various economic factors. ...
Aerospace company Airbus, in collaboration with the Department of Transport (DOTr), the Department of Energy (DOE), and the Civil Aviation Authority (CAA), is working towards achieving 100 percent sustainable aviation fuel (SAF) in its aircraft operations in the country by 2030. In a statement on...
A whopping scale of capital mobilization that will reach as much as $500 billion (roughly P27.5 trillion) will have to be concretized so the country’s energy systems will be substantially decarbonized, according to the Department of Energy. As cited by the energy department, “the Philippines is...
Consumers are under new threat of financial drain next week as pump prices are seen rising again by a significant proportion, based on the estimates of the oil companies. According to the industry players, the price of gasoline products will potentially go up by P0.65 to P1.05 per liter; while...
The Department of Energy (DOE) is eyeing to bridge ‘prospective business partnerships’ for targeted rollout of nuclear power projects in the Philippines during the country’s hosting of the International Nuclear Supply Chain Forum to be held in Manila this November. The event will bring...
