The Energy Regulatory Commission (ERC) will mete out administrative penalties on transmission firm National Grid Corporation of the Philippines (NGCP) if it cannot provide justifiable explanation or grounds why it had been swamped with project delays. “The ERC required the NGCP to explain why it...
Big power consumers, such as commercial and industrial facilities and distribution companies, can experience lower charges from the National Grid Corporation of the Philippines by efficiently adjusting their energy usage away from the peak demand period in a given day. Technically termed as...
President Ferdinand "Bongbong" Marcos Jr. lauded the joint award of Petroleum Service Contracts and Coal Operating Contracts in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), saying it will not only boost investments in the region but also ensure the country's energy security....
Energy Secretary Raphael Lotilla said Wednesday that the Department of Energy is seeking to develop more domestic sources of power as alternatives to achieve energy security in the country. Although the existing renewable energy sources in the country like the wind farms in Ilocos Norte and solar...
The low turnout in the recently-concluded second Green Energy Auction (GEA-2) administered by the Department of Energy (DOE) was largely blamed to the unresolved concern of grid integration of the targeted renewable energy (RE) installations. This was affirmed by Energy Secretary Raphael P.M....
President Ferdinand "Bongbong" Marcos Jr. is expecting a more stable and cheaper energy prices for the Filipino people with the expanded development of Malampaya gas field and the blending of imported liquified natural gas (LNG). In a meeting with Prime Energy Resources Development in Malacañang,...
Solana Solar Alpha Inc. (Solana Solar), a subsidiary of Altenergy, has cemented a power supply agreement with Villar-led retail electricity supplier company Kratos RES Inc. Under the agreement, Solana Solar will supply Kratos RES with 10-megawatt and up to 20 MW of clean and renewable power from the...
The second green energy auction (GEA-2) administered by the Department of Energy (DOE) logged a relatively low turnout with bidders subscribing 3,580.76 megawatts only or just roughly 30-percent of the 11,600MW total capacity offered to investors for delivery within 2024-2026 timeframe. Preliminary...
Transmission firm National Grid Corporation of the Philippines (NGCP) is advancing its plea for regulatory support -- primarily on the removal of caps and for the timely approval of its capital expenditure (capex) program, so it can inject much-needed investments for the massive-scale integration of...
ILOILO CITY – The provincial government of Iloilo is implementing renewable energy projects worth P30 million for this year, Gov. Arthur Defensor Jr. said. THE renewable energy programs of the Iloilo provincial government during a recent forum organized by the Regional Development Council (RDC)-6...
The auction of 11,600 megawatts of RE capacity scheduled this month will prove to be an "acid test" for the accelerated renewable energy (RE) development roadmap designed by the Marcos administration. The Department of Energy (DOE), which will administer the RE capacity tendering for the second...
Following a Supreme Court ruling affirming the rights of electricity consumers on unwarranted service disconnections, the Energy Regulatory Commission (ERC) stipulated that it will pay attention to the tenets of that verdict on its planned review of the Magna Carta for Residential Electricity...
