Investors seeking insurance type incentives for geothermal development in the Philippines
The Philippines geothermal sector is seeking support by government in the form of risk mitigation funds or similar incentives to help attract international interest and investment into geothermal development for the upcoming auction for geothermal areas.
Energy to remain affordable amid transition to renewable sources —DOE
The Department of Energy (DOE) said the cost of electricity will still be affordable as the country plans a shift towards renewable energy (RE) sources.
Eppo: Energy contraction set to persist
Thai energy consumption in 2020 contracted by 5.8% from lockdown measures imposed to combat the pandemic and demand is expected to remain low with a 0.2-1.9% contraction this year, according to the Energy Policy and Planning Office (Eppo).
DOE wants power generators to coordinate plant shutdowns
The Department of Energy (DOE) urged generation companies (gencos) to align the schedules of their power plants’ shutdowns to have enough supply in the power grid in the summer months.
DOE keeps new coal capacity target
The country’s love affair with coal technology is far from over, as the current official project list of the Department of Energy (DOE) still casts 11,289 megawatts of committed and indicative coal plant projects due for developments in the short to medium term.
93% of Filipino homes now have access to electricity
Efforts toward 100-percent electrification within the term of the Duterte administration continue to lag behind the goals as the accomplishment rate is still at 93 percent with just about 17 months to go.
Indonesia exploring electricity exports to Singapore: minister
Jakarta (ANTARA) – The Indonesian government is currently exploring exporting electricity to Singapore as there could be potential over-capacity of power supply in the country, Minister of Energy and Mineral Resources, Arifin Tasrif, informed on Tuesday.
DOE sets minimum capacity for EPNS projects
The Department of Energy (DOE) has prescribed capacity requirements that power investors must comply to qualify for “energy project of national significance” (EPNS) status.
