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The Philippines has officially commenced trading of Renewable Energy Certificates (RECs) last month, marking the full commercial operation of the Renewable Energy Market (REM).
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Manila, Philippines, (ANTARA/PRNewswire)- Envision Energy, a global leader in green technology, has reached a significant milestone by signing the Philippines’ largest single wind power contract to date. The landmark agreement awarded by ACEN, the renewable energy platform of the Ayala Group, involves the supply of 344.5 MW wind turbines for the Quezon North Wind project.
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MANILA – A hefty oil price hike will greet motorists and consumers during the first few days of 2025.
Oil firms will increase gasoline and kerosene prices by PHP1 per liter, and make a PHP1.40 per liter increment on diesel on Tuesday.
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The Philippines’ coal consumption continues to rise, driven by growing power demand despite the government’s push for renewable energy.
In a report by the Philippine Star, the International Energy Agency (IEA) stated that coal use in the Philippines likely increased by 5% in 2024 to 42 million tons, up from 40 million tons in 2023.
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TA Securities anticipates that carbon capture technologies (CCTs) in Malaysia will attract over $10 billion in capital expenditures by 2030, aligning with the government’s ambitious National Energy Transition Roadmap (NETR) target of capturing 40-80 million tons of carbon dioxide per year.
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PT Pertamina Hulu Rokan (PHR) through the drilling of the Rotan River Downloack-1 exploration well in the PHE Jambi Merang working area (WK) in South Sumatra found oil and gas resources from the Baturaja Formation Limestone.
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Philippine Energy Efficiency Alliance (PE2) considers 2024 a momentous year for the country, as it called for further regulatory advancements and improved market conditions to amplify the effectiveness of the Energy Efficiency and Conservation Act.
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At the start of 2025, Myanmar’s electricity production fell below 2,000 megawatts per day, leading to an increase in power outages compared to previous periods, according to the Ministry of Electric Power and reports from Yangon residents.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
