President Marcos has urged electricity distribution utilities to tap the Anti Bill Shock Lending Program of the Land Bank of the Philippines to ensure that electricity rates are affordable. Marcos made the directive to the Department of Energy (DOE) and the Energy Regulatory Commission (ERC)....
The Philippines was ranked third among countries that made huge progress in implementing renewable energy initiatives, according to research from the Ocean Science and Technology. The study reported that the country had an overall rank of 81.31 among 81 countries, only next to Chile and China which...
The Department of Energy (DOE) will be rescinding its order mandating the conduct of joint competitive selection process (CSP) for the electric cooperatives (ECs) in their aggregated procurement of capacities from gas-fired power facilities. According to Energy Undersecretary Sharon S. Garin,...
Budget-conscious families will gain slight flexibility in their budgets this month, as the price of liquefied petroleum gas (LPG) will be on moderate rollback of P1.09 to P1.15 per kilogram as advised by the industry players. Leading player Petron Corporation announced that the cost of its LPG...
President Marcos wants the Philippines to not only manufacture more electric vehicles (EVs) but lower its production cost so the country can achieve its goal of transforming its public transportation fleets by 2040. President Ferdinand 'Bongbong' Marcos Jr. (Photo from the Presidential...
President Marcos has ordered government agencies to expedite the implementation of action plans and strategies to develop the electronic vehicle (EV) industry in the country. Marcos made the directive during a sectoral meeting on Tuesday, April 30, emphasizing the need to focus on the public...
The Marcos administration will purchase e-vehicles to replace some 10 percent of the fleet used by government agencies, the Department of Energy (DOE) said on Tuesday, April 30. President Ferdinand 'Bongbong' Marcos Jr. presides over a sectoral meeting on Electric Vehicle (EV) Industry...
It may be a bitter pill to swallow, but the power supply turmoil in the country could ignite resurgence of coal-fired power generation, according to one of the country’s top energy players. And while the allure of green technologies would be highly irresistible, the fragility of the country’s...
Consumers’ pockets will experience slight reprieve this week, as oil prices will be on moderate rollback, according to the pricing advisories of the oil companies. The price of diesel products will be trimmed by P0.45 per liter; while gasoline prices will have marginal reduction of P0.25 per...
Sen. Raffy Tulfo has filed a resolution that seeks to investigate the alarming power supply issue hounding the country. Tulfo who chairs the Senate Committee on Energy, filed Senate Resolution No. 1008 following the declaration of red and yellow alerts in the Luzon, Visayas, and Mindanao grids. A...
There is a silver lining after all amid the country’s energy insecurity dilemma, as oil prices will be on moderate rollback next week - a financial respite badly needed as consumers’ temper flare on consistent threat of rotational power service interruptions. According to the industry players,...
Amid soar in weather temperatures, demand for electricity in the country had reached its boiling point this week, as the highest demand of 14,016 megawatts on Wednesday (April 24) breached the peak demand projection of the Department of Energy (DOE) for this year. And while the country’s power...
