Nuclear power possible by 2027, Energy dep’t says

Nuclear Energy could be helping power the grid by 2027 at the earliest, according to the Department of Energy (DoE).
DOE clears bidders for oil exploration in WPS
The Department of Energy (DOE) has opened the bids submitted by parties interested to explore untapped energy resources in the West Philippine Sea under the Philippine Conventional Energy Contracting Program (PCECP).
Asean’s road to a green economic recovery

In Southeast Asia, Covid-19 has worsened the already grim economic growth in 2019 that resulted from US-China trade tensions and Brexit uncertainties.
Subsidies to off-grid power swell to P28 B
The subsidy being paid for by Filipino consumers in their power bills for the provision of electricity services in off-grid areas is projected swelling to P28.373 billion next year, roughly P15 billion higher compared to the P13.241 billion disbursed subsidy last year.
DOE courting Chinese investors in energy projects

The Department of Energy (DOE) is knocking anew on the doors of Chinese investors for prospective capital that they can funnel into various energy projects that the country is offering.
PH seen likely to resort to nuclear power as energy demand increases
The Philippines may eventually open up to nuclear power to meet increasing demand for energy, possibly displacing coal-fired power generation plants over the long haul, think tank Fitch Solutions said. “Nuclear power will offer an effective solution to meet the country’s rising power demand over the coming decade, particularly as coal-fired power—which Philippines has largely turned […]
Finance minister: Electricity bill discounts worth RM1.67b given as of Aug 31

KUALA LUMPUR, Sept 9 — Tenaga Nasional Bhd has given electricity bill discounts worth RM1.67 billion to about seven million domestic users as of August 31, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. Of the total, 83 per cent was utilised by domestic users, he said in the 20th Laksana report on the Prihatin […]
More firms setting up LNG desks in Singapore: trade minister

SINGAPORE: More firms have set up liquefied natural gas (LNG) desks in Singapore to capitalise on growing demand for gas in Asia, the city-state’s trade minister told a virtual conference on Monday. Singapore currently has over 50 companies with an LNG trading or business development presence in Singapore, trade minister Chan Chun Sing told the Gastech […]