PE2 anticipates boost in EE projects with improved incentives under CREATE law
The Philippine Energy Efficiency Alliance (PE2) anticipates a significant increase in energy efficiency projects seeking registration with the Department of Energy (DOE) and the Board of Investments (BOI) due to the improved incentive package under CREATE MORE law.
Meralco keen on switch from coal to gas
MANILA, Philippines — Power distributor Manila Electric Co. (Meralco) is scrapping its plans to build two coal-fired power plants in Luzon, opting instead to convert them into gas-powered generation facilities.
ADB approves $2.85-M package to support PHL energy transition
THE Asian Development Bank (ADB) has approved a combined $2.85-million package for the Philippines to address climate change and expand access to renewable energy.
Geothermal energy development faces challenges in Indonesia, Philippines
As part of the Pacific Ring of Fire, Indonesia and the Philippines possess rich geothermal resources, and both governments are actively investing in their development.
Gasoline pump price hike set Tuesday; rollback for diesel and kerosene
Pump prices of gasoline will be increased for the second straight week starting Tuesday, while those of diesel and kerosene will be rolled back.
House committee approves tax perks section of decarbonization measure
A HOUSE OF REPRESENTATIVES committee approved on Monday the tax incentive package contained in a bill seeking to regulate the low-carbon economy.
PH inks MOU with UAE on renewable, nuclear energy partnership
The Philippines has inked a memorandum of understanding (MOU) with the United Arab Emirates (UAE) to collaborate on renewable and nuclear energy among others, with an implementation agreement set to be inked with a UAE state-owned company in January 2025.
Philippine distribution utility streamlines net-metering permits
The Philippines Energy Regulatory Commission has permitted local utility More Power to create a one-stop shop for processing net-metering and distributed energy resources (DER) applications. The initiative is set to benefit consumers in Iloilo City, Central Negros and Tagbilaran, Bohol.
