May 31, 2022

Royalties remitted to DOE in Q1 hit record–Semirara

BY LENIE LECTURA – MAY 30, 2022 from Business Mirror Semirara Mining and Power Corp. (SMPC) said Monday it has remitted P5.9 billion in royalties to the Department of Energy (DOE) in the first quarter. This is the highest amount […]
May 29, 2022

ERC approves ‘reserve prices’ for RE auction

By Myrna M. Velasco – May 27, 2022, 2:03 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has approved the green energy auction reserve (GEAR) tariffs that will serve as “price ceiling” for the targeted bidding of 2,000 megawatts […]
May 25, 2022

Investors must repurpose coal power plants–ERC

BY LENIE LECTURA – MAY 24, 2022 from Business Mirror Following the issuance of a directive from the energy department to ban new coal power projects, the Energy Regulatory Commission (ERC) is now suggesting the conversion of coal power projects—that […]
May 25, 2022

DOE offers 20-year RE supply contract

By Myrna M. Velasco – May 24, 2022, 2:36 PM from Manila Bulletin The Department of Energy (DOE) will be offering 20-year power supply contracts to the winning bidders of renewable energy (RE) capacity projects to be conducted next month […]