DOST to mobilize and prioritize e-mobility innovations
The Department of Science and Technology (DOST) has declared that it is continuously prioritizing an ecosystem of e-mobility solutions for the country’s transportation sector since fuel prices have reached new highs.
Power distributors gear for Election Day
Electricity distributors nationwide have stepped up preparations for the May 9 elections to ensure adequate and reliable power supply in rural and far-flung areas.
DOE, World Bank to launch offshore wind roadmap
The Department of Energy (DOE) and the World Bank Group (WBG) will be launching the country’s first Offshore Wind Roadmap which aims to increase the share of wind power in the country’s energy mix.
ACEN secures P13.7 billion funding for Batangas power plant
ACEN Corp. has secured up to P13.7-billion in energy transition financing with the Bank of Philippine Islands (BPI) and Rizal Commercial Banking Corp. (RCBC) for its 2×135-megawatt (MW) coal-fired power plant in Calaca, Batangas.
DOE orders gas firm to suspend exploration
The Department of Energy (DOE) has directed listed upstream oil and gas firm PXP Energy Corp. to suspend exploration activities in its service contracts in the West Philippine Sea until it secures the go ahead of a government cluster overseeing political, diplomatic and national security concerns.
DOE tells power sector to ensure sufficient power for elections
The Department of Energy (DOE) ordered all generation companies (gencos), the National Grid Corp. of the Philippines (NGCP), and distribution utilities (DUs) to ensure adequate power during the critical elections period.
Asia urged not to build more LNG terminals
Asian countries going into liquefied natural gas (LNG) importation, including the Philippines, may face challenges in securing imported LNG and lead to stranded import infrastructure and gas-fired power plants due to the long-term impact of the Ukraine-Russia war on prices, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
Meralco power rates further up in April
Power rates will go up anew in April due to higher generation costs, the Manila Electric Company (Meralco) said Monday. Overall rate for a typical household increased by P0.5363 from P9.6467 in March to P10.1830 per kilowatt-hour (kWh) this month, equivalent to an increase of P107 in the total bill of a customer consuming 200 […]
