State-run Power Sector Assets and Liabilities Management Corporation (PSALM) said it will formally ask the Energy Regulatory Commission (ERC) to scrap the universal charge for stranded debts (UC-SD) component in the electric bills of consumers, once it can secure a supplemental budget of P3.2...
Silicon Valley-based Amber Kinetics said that the Department of Energy has engaged the energy storage company for its breakthrough flywheel technology. In a statement, Amber Kinetics said that DOE Director Mario Marasigan, recently engaged Amber Kinetics to learn more about its...
Filipino consumers will need to brace for another round of pump price hikes next week as global oil prices continue to rise, Initial estimates by industry players showed that gasoline prices could increase by P0.45 to P0.55 per liter; while diesel y P0.35 to P0.45 per liter. Kerosene product, which...
Senator Risa Hontiveros on Friday said she supports the proposal to restore to the government control of the National Grid Corp. of the Philippines (NGCP) saying this would allow better management of grid reserves and fix cyber-security issues in the power transmission sector. “It is time to...
Senator Sherwin Gatchalian on Friday said he has “grave reservations” over the Department of Energy’s (DOE) proposal to revert the control of the country’s power grid back to the government. Gatchalian, chairman of the Senate Committee on Energy, pointed out corruption was the main reason...
The Department of Energy (DOE) is seeking government’s return to power generation business to primarily serve the power system’s requirement for reserves or ancillary services. Energy Secretary Alfonso G. Cusi said the proposal is anchored on “allowing the government to engage in limited...
System operator National Grid Corporation of the Philippines (NGCP) has warned of spikes in the electricity bills of consumers if it will have to adhere to the proposed frame of ancillary services (AS) contracting set forth by the Department of Energy (DOE). “Consumers stand to suffer from...
The Department of Energy (DOE) said erring power generation companies (GenCos) are being investigated for possible collusion that resulted in brownouts this year even as it raised alarm of high probabilities of power outages until July this year. “We are already investigating these power plants...
The Department of Energy (DOE) on Thursday assured it is investigating if there is indeed possible collusion among power distribution firms to ascertain if this is the cause of the recent rotational brownouts that occurred in Luzon. DOE chief Alfonso Cusi told the Senate Energy Committee the agency...
The Philippine Institute of Petroleum (PIP), an organization of of major oil industry players, are throwing support to the decision of the Department of Energy (DOE) to review the technical and safety policies for small retail outlets that are serving marginalized areas, primarily the market...
Lopez-led Energy Development Corporation (EDC) will be injecting fresh investment of P7.0 billion for a 29-megawatt expansion project at its Bacon-Manito (BacMan) geothermal power facility in the Bicol region. The Palayan binary power facility’s advancement to construction officially broke ground...
The Department of Energy (DOE) has notified Manila Electric Company (Meralco) for the utility firm to explain the ‘pricing justification’ of its interim power supply agreement (IPSA) for up to 260-megawatt emergency procurement of power capacity from the Masinloc coal-fired plant. According to...
