Royal Group’s 700 mW coal-fired power station gets Senate nod
The mega 700 Megawatt (mW) power plant owned by the Royal Group one was the main ticket in a Senate session which gave approval for this and two other power projects in its sitting yesterday.
Luzon Peak Power Consumption Dips 20-30% On Lockdown–NGCP
THE enhanced community quarantine (ECQ) in Luzon has caused peak power consumption in the area to drop by 20 to 30 percent, according to the National Grid Corporation of the Philippines (NGCP).
ERC authorizes transfer of FiT-All component to fund renewable energy firms
THE ENERGY Regulatory Commission (ERC) on Friday allowed the National Transmission Corp. (TransCo) to draw funds from the Feed-in-Tariff Differential (FD) component of the Feed-in-Tariff Allowance (FiT-All) chest to augment deficiencies in the cost recovery revenue (CRR) sub-account to continue funding renewable energy producers.
Oil market reels from virus
As the coronavirus pandemic spreads across the world, oil prices face another week of decline, hitting a new low of US$20 per barrel.
Aboitiz Power drops acquisition in Vietnam
The international investment subsidiary of Aboitiz Power Corporation has abandoned its planned $46 million wind power acquisition in Vietnam due to snags in the completion of deliverables of the relevant parties as set on prescribed deadline dates.
Singapore’s Pavilion Energy seeks industry standard for green LNG
Singapore’s Pavilion Energy is asking potential liquefied natural gas (LNG) suppliers to help develop an industry standard for the superchilled fuel’s total greenhouse gas emissions, as it looks for new gas deliveries from 2023.
Japan and Singapore Submit 2020 NDCs
Japan and Singapore have submitted their 2020 nationally determined contributions (NDCs) under the Paris Agreement of the UN Framework Convention on Climate Change (UNFCCC).
Mindoro-Cuyo basin bid suspended
The Department of Energy (DOE) has postponed the opening of bidding applications to explore petroleum reserves in the Mindoro-Cuyo basin.
