Amid concerns over proposed renewable energy (RE) project in a protected landscape in Samar, the Department of Energy (DOE) clarified that energy infrastructure may proceed as long as it secures the necessary regulatory approvals. In a statement on Tuesday, Sept. 30, Energy Secretary Sharon Garin...
The Department of Energy (DOE) reported 18 electric cooperatives (ECs) affected by the onslaught of Typhoon “Opong” and the southwest monsoon. In a statement on Monday, Sept. 29, the DOE reported that 18 electric cooperatives (ECs) are facing partial power interruptions, while Masbate Electric...
Lopez-led First Gen Corp. (FGen) is continuing negotiations to extend its power supply agreement (PSA) with Manila Electric Co. (Meralco) following the Energy Regulatory Commission’s (ERC) decision to allow continued supply from the Sta. Rita gas-fired power plant. Francis Giles Puno, FGen...
Pure Energy Group, controlled by Dexter Y. Tiu, is acquiring a majority stake in Coal Asia Holdings Inc. for ₱220.91 million to facilitate a possible backdoor listing of the energy conglomerate. In a disclosure to the Philippine Stock Exchange, Coal Asia said its stockholders Dexter Y. Tiu, Eric...
The Energy Regulatory Commission (ERC) is exploring reforms to the public offering requirement (POR) to ease compliance for generation companies (GenCos) while ensuring safeguards remain in place for electricity consumers. During an open commission meeting last week, ERC Chairperson Francis...
President Marcos has signed Republic Act (RA) No. 12305, or the Philippine National Nuclear Energy Safety Act, establishing a national framework for the peaceful and secure use of nuclear energy in the country. The new law, signed on Sept. 18, creates the Philippine Atomic Energy Regulatory...
The Department of Energy (DOE) has launched a process for awarding renewable energy service contracts (RESCs) that would promote transparency, competitiveness, and efficiency in the renewable energy (RE) sector. In a statement on Wednesday, Sept. 24, the DOE announced the adoption of the Open and...
Melbourne, Australia—The World Bank Group is helping the Energy Regulatory Commission (ERC) tighten cost controls, primarily for indexation, on firming up a financial model that will make offshore wind projects commercially viable ahead of the 5th green energy auction (GEA-5) that will be...
Melbourne, Australia—After the 5th green energy auction (GEA) for 3.3 gigawatts of offshore wind wraps up this year, the Department of Energy (DOE) is gearing up to launch at least four more renewable energy (RE) capacity tenders so it can open wider doors of opportunity for interested local and...
Melbourne, Australia – What does it take for us to disrupt the wind stream in our oceans, especially when so many projects in major markets are delayed, renegotiated, or scrapped before they even set sail? That’s the formidable puzzle that steered debates at the recently concluded APAC Wind...
Meralco 's power generation arm, Meralco PowerGen Corp. (MGen), is looking to expand into Malaysia, citing the country’s rising demand for power, particularly from the growing data center industry. MGen President and Chief Executive Officer Emmanuel Rubio stated in a media roundtable that...
Retail electricity supplier Shell Energy Philippines, Inc. (SEPH) is expanding its renewable energy (RE) portfolio to align with the Philippines ' goal of increasing clean energy in its generation mix. SEPH President and Chief Executive Officer Bernd Krukenberg told the Manila Bulletin that...
