The power supply crisis in Luzon has been crucifying the customers of electric cooperatives (ECs) who had to suffer rate spikes of up to P1.30 per kilowatt hour (kWh) in their electric bills. That was based on the pronouncement of the Philippine Rural Electric Cooperatives Association Inc....
Owing to its mandate of ensuring sufficient power supply for the country, the Department of Energy (DOE) has directed Hedcor Inc. to continue running the three generating units of its 70-megawatt Bakun hydropower facility in Benguet province. The power plant had been served with cease and desist...
Threat of closure of the three generating units of the 70-megawatt Bakun hydropower facility in Benguet province is seen causing ‘added stress’ on Luzon grid power supply, which is already treading on ‘tight margins’ because of forced outages predicaments of some plants. On that premise,...
The Independent Electricity Market Operator of the Philippines (IEMOP) is enforcing triggers to potential ‘red flags’ it has been tracking on the operation of the Wholesale Electricity Spot Market (WESM) – be that on unusual price spikes or in cases when capacity being traded would...
It’s a bit of mid-year sting on consumers’ pockets; as gasoline prices will rise by a hefty P1.00 per liter this week; while diesel prices will have upward adjustment of P0.65 per liter. Another fuel commodity kerosene will also have higher prices this week by a scale of P0.70 per liter, as...
Solar Philippines is eyeing to develop a 500-megawatt solar project, which it is lining up to help solve the country’s power supply shortages. The proposed project will be under corporate vehicle Solar Philippines Nueva Ecija Corporation, but there is no definite timeframe given yet on its...
The Department of Energy (DOE has deferred until October this year the targeted auction of 2,000 megawatts of renewable energy (RE) capacity to be covered by the Renewable Portfolio Standards (RPS), a mechanism that provides an alternative market to RE investments. “We will have delays, we have...
An independent investigation by the Anti-Red Tape Authority (ARTA) is being sought on the forced outages of power plants that caused the May 31-June 1 rotating blackouts as well as hikes in electric bills this June. The proposal was put forward by the advocacy group Laban Konsyumer Inc. (LKI);...
Despite repetitive cycle of power supply shortfalls during summer months, the Department of Energy (DOE) indicated that it is still pushing for the country’s energy transition pathway that will give preferential bias to clean energy resource developments. The DoE said it will be joining the...
The World Bank Group is crafting an offshore wind investment roadmap for the Philippines, so this could help harness the potential of this resource and will add up to its future power generation capacity. The launch of the project, as underpinned by a funding from the World Bank’s Energy Sector...
The Independent Electricity Market Operator of the Philippines (IEMOP) admitted that it is “clueless” whether investigations had been done by the market surveillance committee (MSC) of the Wholesale Electricity Spot Market (WESM) or the regulators on the recurrent price spikes that happened...
As a ‘blackout legacy’ of the Duterte administration is getting up close and personal, the Department of Energy (DOE) is finally calling on all industry stakeholders to sort out comprehensive solutions to the imminent energy crisis. As a priority matter though, the energy department is being...
