Power News

August 31, 2023

DOE hikes long-term renewable energy target

By Alena Mae S. Flores – August 30, 2023, 7:20 pm from manilastandard.net The Department of Energy is now looking at a higher renewable energy share in the power mix by 2050 of up to 70 percent on growing interest […]
August 30, 2023

Pacerm-1 share sale gets SEC nod

By VG Cabuag – August 30, 2023 from Business Mirror Pacerm-1 Energy Corp., an operator of a power plant in Mindanao, is raising P15.89 million by issuing shares to the public, according to documents it submitted to the Securities and […]
August 30, 2023

Natural gas reliance seen hindering PHL transition to renewable energy

By Sheldeen Joy Talavera – August 29, 2023 | 8:25 pm from Business World THE GOVERNMENT adoption of natural gas as a “transitional fuel” as it move towards cleaner forms of energy will hinder the rise of renewable energy (RE), […]
August 30, 2023

DoE sets Sept. 28 deadline for geothermal, hydro, wind bids

By Sheldeen Joy Talavera – August 28, 2023 | 7:32 pm from Business World THE Department of Energy (DoE) said the new deadline to submit bids for the fourth round of the open and competitive selection process (OCSP-4) is Sept. […]
August 29, 2023

ACEN exec: GEAP results a wakeup call for industry

By Lenie Lectura – August 29, 2023 from Business Mirror The low turnout in the second round of Green Energy Auction Program (GEAP) should serve as a wakeup call for industry players to double their efforts to help the government […]
August 29, 2023

FIT-All collection freeze not seen affecting RE developers

By Sheldeen Joy Talavera – August 27, 2023 | 7:33 pm from Business World THE Energy Regulatory Commission (ERC) said renewable energy (RE) developers will not be affected by the extended suspension of feed-in tariff allowance (FIT-All) collections. “The suspension […]
August 29, 2023

EPIRA changes should focus on tax — Congress think tank

By Beatriz Marie D. Cruz – August 28, 2023 | 7:31 pm from Business World BW FILE PHOTO PROPOSED amendments to the Electric Power Industry Reform Act (EPIRA) of 2001 should focus on rationalizing power taxes to lower electricity costs, […]
August 28, 2023

Meralco ramps up RPS compliance with 1,880MW contracted RE capacity

BY MYRNA M. VELASCO – Aug 27, 2023 11:20 AM from Manila Bulletin AT A GLANCE It was in 2019 when Meralco designed its own ‘4Ps investment evolution paradigm’ and that has been anchored on four pillars delving with: Power, […]
August 28, 2023

Power grid buildout saddled with P346-B ROW claims

BY MYRNA M. VELASCO – Aug 27, 2023 10:12 AM from Manila Bulletin AT A GLANCE The expansion as well as reinforcement of the country’s power transmission network is highly critical to the Marcos administration’s energy transition agenda, because the […]
August 28, 2023

DOE resets deadline for 20 renewable energy sites

By Alena Mae S. Flores – August 27, 2023, 9:25 pm from manilastandard.net The Department of Energy said over the weekend it moved the bid submission deadline for 20 renewable energy pre-determined areas to Sept. 28, 2023 from Aug. 29, […]