Reinforcing the stream of ‘clean energy finance’ for emerging economies is seen as the major stimulus on concretizing the major commitments in last year’s climate change summit and must also top the agenda in this year’s COP29 in Baku, Azerbaijan. Dr Fatih Birol, executive director of the...
HOUSTON – The ‘stranglehold’ of critical minerals which is just in the hands of very few producer-countries is seen as a major factor that will cause enormous strain and will drive up costs for the consumers of many countries traversing their pathway to energy transition. In a plenary...
HOUSTON - The flourishing innovations for long duration energy storage (LDES) are seen as ‘gridlock breaker’ not just for the perplexing intermittency of variable renewable energy (VRE) facilities, but they could also defray huge capital outlay for warranted grid expansions and upgrades to...
HOUSTON – While acknowledging that ‘energy transition’ is a wildering cycle path to navigate, billionaire and Microsoft founder Bill Gates is staying the course on his ‘mega bet’ that nuclear fusion will eventually define the planet’s energy future. In the recently concluded CERAWeek...
HOUSTON – Japanese firm JERA Co. Inc. has flexed to global energy players and policymakers the ‘portfolio balancing strategy’ of its Philippine partner Aboitiz Power Corporation as the ‘sweet spot’ to their successful business marriage. At the ongoing CERAWeek conference, Aboitiz Power...
HOUSTON – American billionaire and philanthropist Bill Gates will weigh in “clean energy technologies’ that could usher in success for the world’s energy transition agenda, when he takes the spotlight on Thursday (March 21) at the ongoing CERAWeek conference, which is a top-tier event...
HOUSTON – The voracious energy appetite of Asian markets - including developing countries within Southeast Asia - will gobble up liquefied natural gas (LNG) supply between now and onward to 2040, according to Shell CEO Wael Sawan. Speaking at the ongoing CERAWeek by S&P Global here, he...
Ayala-led ACEN Corporation has clinched ‘B’ rating from CDP, a non-profit global entity which is authoritatively handling the disclosure platform for climate change impacts of investors, corporates and even government instrumentalities like cities and states. According to the company, its new...
The government should prepare policies on energy transition amid mounting calls for a coal phaseout, Senator Sherwin Gatchalian said. Gatchalian pointed out that the development of more renewable energy (RE) projects in the country is expected to bring down power costs and ensure sufficiency...
DUBAI, UAE – Multilateral lending firm Asian Development Bank (ADB) sees biggest potential for carbon emissions reduction with the energy transition mechanism (ETM) being pushed for the retirement or repurposing of coal plants all over the world. “Coal-fired power plants produce more global...
DUBAI, UAE -- The strategy of the Philippines in line with the COP28 Global Stocktake for energy transition will differ to a great extent, because it will be opting for coal plants’ phasedown, instead of the intensified call of the United Nations Framework Convention on Climate Change (UNFCCC)...
It will not be a mandatory policy – rather, it will be a voluntary retirement or re-purposing of coal-fired power plants that the Department of Energy (DOE) will be advocating for in the country’s multi-tiered ‘just energy transition’ paradigm. As presented by Energy Undersecretary Rowena...
