The Energy Regulatory Commission (ERC) has laid down the rules that will delineate the qualification of consumers that can avail of the Green Energy Option Program (GEOP) or those that can secure or contract for electricity supply from renewable energy (RE) suppliers. ERC LOGO As the regulatory...
The Department of Energy (DOE) is painting a scenario that electricity supply will be enough during the election period next year, but the supply-demand outlook it presented to media has not taken into account critical factors yet – including the recurring forced outages of power plants, the gas...
Two senators on Tuesday deplored the Department of Energy’s (DOE) indifference in arresting any possibility of rotational brownouts happening in the upcoming May 2022 national elections. “This is unacceptable! Kaya tayo merong DOE ay para siguraduhing meron tayong kuryente (The reason why we...
Consumers can benefit from slight reduction in pump prices this week, with diesel prices getting trimmed by P0.30 per liter; and kerosene had been down by P0.40 per liter. 26574 There was also expectation of at least P0.20 to P0.25 per liter rollback in gasoline prices, but that was wiped out by...
Senator Risa Hontiveros on Sunday, August 15 decried the audacity at which the National Grid Corporation of the Philippines (NGCP) warned of future increases in electricity rates if it continues to contract suppliers for larger power reserves. Hontiveros said she is wondering how the NGCP is bold...
Relief in consumers’ pockets will continue next week as the oil companies have calculated slight rollback in oil prices to be passed on at the pumps. 26204 Based on estimates, the price of gasoline will be reduced by P0.20 to P0.30 per liter; diesel by P0.35 to P0.45 per liter; while kerosene...
At least three liquefied natural gas (LNG) import facilities that are anchored on floating storage and regasification units (FSRUs) will start competing for the Philippine gas market next year. Already head-to-head in the race are the proposed LNG offshore facilities of First Gen Corporation...
The boom-and-bust cycle in the electric power industry will not likely spare the country’s May 9, 2022 elections from rotational blackouts following the Department of Energy's (DOE) pronouncement that power supply within the polling period will be thin. 25581 “For 2022, we see the thinning of...
Senator Risa Hontiveros on Wednesday reiterated her call for authorities to suspend any power rate increase until the Energy Regulatory Commission (ERC) is able to provide a clear and justifiable reason on the rising cost of electricity and investigation on the rotational blackouts is completed....
The Philippines' continued preference for dirty energy sources like coal is no longer justifiable especially with the release of the Intergovernmental Panel on Climate Change's (IPCC) latest climate science findings, the Power for People Coalition (P4P) said on Tuesday, Aug. 10. (Photo from P4P...
On account of the rising value of the US dollar versus the local currency and high oil prices in the world market, the Department of Energy (DOE) is re-calculating the rate hikes that will be passed on in the electric bills of consumers when the Malampaya gas production facility will be on...
Oil firms implemented smaller P0.65 per liter this week, short of P0.10 to P0.15 per liter compared to their earlier estimates of P0.75 to P0.85 per liter set off by the industry players, prompting he Department of Energy (DOE) to seek explanation from the oil companies. For diesel prices, that had...
