Indonesian energy bill promotes coal-based fuels as ‘new energy’
The draft bill classifies liquified and gasified coal as ‘new energy’, and is part of Indonesia’s efforts to replace petroleum imports with domestic coal.
Gasoline prices cut by P5.00/liter, diesel by P2.00/liter
Consumers are up for another week of relief on their fuel budgets, as oil firms will reduce prices of gasoline products by P5.00 per liter, and diesel by P2.00 per liter effective Tuesday, July 19. The oil companies similarly advised on a price reduction of P0.70 per liter for kerosene products, which will take financial […]
DOE needs chief pushing for renewable energy – groups
CAGAYAN DE ORO CITY, Misamis Oriental, Philippines — The Department of Energy (DOE) should be headed by someone committed to advancing renewable energy, the National Coalition of Filipino Consumers (NCFC) and the Power for People Coalition (P4P) urged President Ferdinand Marcos Jr. on Saturday.
Holding firm investing P25-B for renewable energy projects
Listed holding company Vivant Corp. has allotted PHP25 billion in capital expenditures (capex) for renewable energy projects from 2023 to 2026. In its virtual annual stockholders’ meeting Thursday, Vivant chief executive officer Arlo Sarmiento said this capex will be spent to build 196 megawatts of wind, 212 MW of solar, and 62 MW of hybrid […]
Marcos admin urged to assert arbitral award to help keep energy costs down
MANILA, Philippines — Retired Associate Justice Antonio Carpio hopes that country’s new leadership will have the “political will” when asserting the 2016 ruling in the arbitration case against China, which would allow Manila use of natural resources, like oil and gas, in the West Philippine Sea.
Gatchalian to next energy chief: Ensure enough power supply, make PH self-sufficient
A senator is calling on the country’s next energy chief to step up and push for the country’s self-sufficiency amid growing energy demand. Sen. Win Gatchalian, outgoing chairman of the Senate Committee on Energy, shared in an interview with CNN Philippines’ The Source on Wednesday the ideal qualities of the next Department of Energy secretary […]
Ilocos Norte, coop working to reduce power rates
LAOAG CITY – Ilocos Norte Governor Matthew Joseph Manotoc on Thursday assured electric consumers that the Ilocos Norte government and the Ilocos Norte Electric Cooperative (INEC) are working on possible measures to reduce surging power rates in the province.
NGCP places Luzon power grid on yellow alert
The Luzon power grid was placed on “yellow alert” on Tuesday, after four power plants experienced forced outages, said the National Grid Corporation of the Philippines (NGCP).
