The Department of Energy (DOE) has asked oil companies to provide 10 to 20 percent fuel price discount to shipping vessels, primarily those sailing to the West Philippine Sea, for fishing purposes. Department of Energy (DoE) (MANILA BULLETIN) In addition, the department is seeking the support of...
As global oil prices inched higher to $73 per barrel at end of trading week, Filipino consumers will be squeezed further next week with domestic pump prices expected for heftier increases. Based on the calculation by oil companies, gasoline prices could climb P0.70 to P0.80 per liter; while diesel...
The Philippine Electricity Market Corporation (PEMC), which serves as a governance body of the Wholesale Electricity Spot Market (WESM), will have its new President, as Atty Oscar E. Ala will already retire from the post. Industry sources hinted that Ala already declined nomination to become part...
As the Department of Energy (DOE) is not really keen on fixing the country’s power supply problems, Luzon grid may brace for another ‘perfect storm’ that could lead to brownouts and rate hikes with the scheduled 20-day turnaround shutdown of the Malampaya gas field in October this year. The...
Electricity demand surge ushered in by the country’s bit-by-bit economic reopening is now wrestling with available supply – especially for Luzon grid – but news of greenfield power plant developments are still not up to expectations. The main power grid can still count on new plants coming...
Senator Emmanuel “Manny” Pacquiao on Thursday, June 17 challenged Energy Secretary Alfonso Cusi to show he is worthy of leading the Department of Energy (DOE) amid the power supply issues hounding the country. During the Senate Committee on Energy’s probe into the rotating brownouts that hit...
The Department of Energy (DOE) finally admitted that Luzon grid already lacks capacity to meet peak electricity demand, especially with the recurring dilemma of forced outages of power plants. In a Senate hearing, DOE Director Mario C. Marasigan stated that given the combined loss of capacity in...
Transmission firm National Grid Corporation of the Philippines (NGCP) will start soliciting tenders on its targeted competitive bidding for the procurement of ancillary services (AS) or power reserves for the country’s power grids. In a statement to the media, NGCP said it will implement public...
The gas output restriction of the Malampaya field was finally lifted on Monday (June 14) and that could help Luzon grid supply to chill for the meantime because that could add capacity generation, according to industry stakeholders. The Department of Energy (DOE) confirmed the resolution of...
President Duterte has cautioned that the power outages in Luzon might hurt the government's efforts to respond to the pandemic as well as promote the country's economic recovery. President Rodrigo Duterte delivers a public address on June 14, 2021 (Malacañang) The President issued the statement...
Distribution utilities (DUs) as well as retail buyers of electricity can soon opt for demand-side bidding at a price that they prefer once that is introduced as a new trading mechanism in the Wholesale Electricity Spot Market. According to Julius Bunyi, manager for Corporate Strategy and Program...
With thinning supply in the Luzon grid, the Department of Energy (DOE) is seeking postponement of the maintenance activities for the Ilijan gas-fired and Sual-coal fired power plants, the country’s biggest power generation facilities. According to DOE Director Mario C. Marasigan of the Electric...
