Home Tags Energy

Tag: energy

NGCP says it’s ready for surge in power demand during peak...

National Grid Corporation of the Philippines (NGCP) has given its assurance that it is prepared for the surge in power demand and the constraints...

Full foreign ownership in utilities faces tough Senate debate amid federalism...

THE chairman of the Senate energy committee has expressed concerns about a plan to grant full foreign ownership over power distribution and transmission as well as water services under a federal form of government as called for in a proposed constitutional change.

TransCo to apply for lower FiT rate for 2019

THE National Transmission Corp. (TransCo) expects electricity users to pay a lower feed-in tariff allowance (FiT-All) for 2019 as it plans to seek from the Energy Regulatory Commission (ERC) a rate below 2018’s P0.2932 per kilowatt-hour (kWh).

DOE: First shipment of imported oil from non-OPEC sources to arrive...

The Department of Energy (DoE) targets to receive in June the first shipment of oil from non-members of the Organization of the Petroleum Exporting...

ERC to dismiss power supply deals that fail submit ECC

The Energy Regulatory Commission (ERC) will dismiss applications for power supply agreements (PSA) between power generation companies and distribution utilities that fail to submit...

DoE gives go-ahead to importing ‘cheaper’ diesel from Russia — Roque

Malacañang said on Tuesday, May 29, that the Department of Energy has given the green light to import “cheaper” diesel fuel from Russia. “May go...

DoE to call for fuel tax suspension when average oil prices...

The tax reform law has a mechanism that calls for the Energy department to prompt the suspension of another increase in taxes imposed on...

House shelves bill on recoverable system loss

Lawmakers on Tuesday, May 22, shelved the draft bill on recoverable system loss for further review after noting its provisions are similar to a...

DMCI sets P40.7-billion capex for 2018

DMCI Holdings, Inc. is setting aside P40.7 billion in capital expenditure this year, the bulk of which will go into its property and integrated...

Pilipinas Shell, Phoenix Petroleum win supply bid for two power plants

The Power Sector Assets and Liabilities Management Corp. (PSALM) selected Pilipinas Shell Petroleum Corp and Phoenix Petroleum Philippines, Inc. as the winning bidders for...

ERC approves P1-billion worth of capex applications

The Energy Regulatory Commission (ERC) has approved applications for capital expenditure projects amounting to around P1.15 billion as of April this year, the agency...

PSALM approves P264-million contract to maintain Malaya plant

Power Sector Assets and Liabilities Management Corp. (PSALM) has approved a budget of P264 million for the a one-year contract to operate and maintain...

Meralco power rates to drop this month

Electricity rates in May will decrease to P0.5436 per kilowatt-hour (kWh) for a typical household largely because of a drop in the generation charge...

SMPC sees lower energy generation in first quarter

Semirara Mining and Power Corp. (SMPC) expects its first-quarter energy generation to be lower by at least 20% because of the series of power...

DOE kicks off information campaign on proposed uniform electricity bill

The Department of Energy (DoE) has started going around the country in its campaign to inform the public of its proposal to introduce a...

Ninety percent of Philippines’ installed capacity deemed ‘dependable’ — report

The Philippines has shown improvement on the reliability of its power plants over the years, based on a 15-year statistics released by the Department...

ERC sets installed capacity limit for power generation firms this year

The Energy Regulatory Commission (ERC) has capped the 2018 maximum power generating capacity of a single entity and its related groups to 5,466,779.34 kilowatts...

Meralco criticized for using power outage threat to push for approval...

An energy research institution has criticized distribution utility Manila Electric Co. (Meralco) for pushing for the approval of power supply agreements (PSAs) with coal-fired...

First Gen posts flat earnings

FIRST Gen Corp. reported “flat earnings growth” for 2017, at $163 million, as the natural calamities that struck Leyte last year hit the performance...

Basic Energy eyes up to 20% stake in Japan’s biomass facility

By Victor V. Saulon, Sub-editor BASIC Energy Corp. has signed an investment term sheet with a Japanese company for the possible acquisition of at least...

MRC Allied taps Chinese partner for LNG venture

MRC Allied, Inc. has signed a memorandum of understanding (MoU) with Guangdong Power Engineering Co., Ltd. (GPEC) to explore projects in liquefied natural gas...

Harbor Star buys into GenSan solar power plant operator

LISTED logistics company Harbor Star Shipping Services, Inc. has acquired 60% of a solar power plant operator in General Santos City for $6.3 million...

South Korean energy firms eye investments in Philippines

SOUTH KOREAN businesses have renewed their interest in the Philippines, especially in the energy sector, according to the Board of Investments (BoI). In a statement...

BoI approves incentives for renewable energy projects

THE Board of Investments on Friday approved tax incentives for nine renewable energy projects worth P26.7 billion under the Investments Priorities Plan 2017. In a...

Renewable energy rules may be ready by start of 2018

THE National Renewable Energy Board (NREB) expects the rules on renewable portfolio standards (RPS) and green energy options (GEO) to be cleared by yearend...

PHL holds talks with China, Japan, other partners on energy ventures

By Victor V. Saulon Sub-Editor THE DEPARTMENT of Energy (DoE) said on Monday that the Philippines has held bilateral talks with China, Japan, Singapore, and the...

Biomass, run-of-river to be recommended for FiT extension

THE National Renewable Energy Board (NREB) is finalizing its recommendation to the Energy department to extend the feed-in-tariff (FiT) system for biomass and run-of-river...

Energy and infrastructure

At the successful 2nd Annual Philippines Energy and Infrastructure Forum held recently sponsored by PNB Capital, BPI Capital and PJS Law, topics included the...

DoE consulting with NGCP on power reserves of grid operator

THE DEPARTMENT of Energy (DoE) has met with officials of the National Grid Corporation of the Philippines (NGCP) to assess the reserved power available...

ERC clears NGCP plan to link Visayas, Mindanao grids

THE Energy Regulatory Commission (ERC) has granted provisional authority to the National Grid Corp. of the Philippines (NGCP) to implement the interconnection between the...

DoE to clear up land component of LNG project

THE Department of Energy (DoE) said there was a “mis-appreciation” on the part of representatives of the Philippine National Oil Co. (PNOC) on a...

PNOC’s budget proposal hits snag at Senate

THE SENATE has questioned the budget proposal of over P500 million for Philippine National Oil Co. (PNOC) at a hearing for the Department of...

Conflicting policies always hit consumers

The Department of Energy’s budget proposal for fiscal year 2018 is reflective of the administration’s aim of ensuring energy security, in line with President...

Bataan nuclear power plant can be revived for manufacturing

THE PHILIPPINE Nuclear Research Institute (PNRI) said the Bataan nuclear power plant, which cost the country billions of dollars but was never fueled to...

Basic Energy ties up with Solmax Power

LISTED Basic Energy Corp. said it has tied up with Solmax Power Limited of Hong Kong for the former’s intended expansion into solar projects...

SC urged: Compel DENR and DoE to review coal plants ‘proliferation’

A GROUP of environmental advocates and lawyers petitioned the Supreme Court (SC) yesterday to compel the Department of Energy (DoE) and Department of Environment...

Philippines’ new energy dev’t plan shows that coal change is coming

By Victor V. Saulon, Sub-Editor If things go as planned, the Philippines should have a new power development plan by yearend that will set out...

How the Philippines performs in WEF's Energy Architecture

The Philippines' ranking dropped though its scores improved in the World Economic Forum's Energy Architecture Performance Index (EAPI) 2016. See more details on the...