April 12, 2018

DOE likely to accede to scrapping of RE perks under TRAIN-2

By Myrna M. Velasco – Updated April 11, 2018, 10:08 PM from Manila Bulletin The Department of Energy (DOE) will likely throw its support to the proposal to scrap the value-added tax (VAT) zero rating incentives for renewable energy (RE) […]
April 11, 2018

Coal share in power generation inches closer to 50% nationwide

By Myrna M. Velasco – April 10, 2018, 10:00 PM from Manila Bulletin Coal-fired power plants have been reinforcing their foothold in the country’s generation mix with a share inching up to 49.6-percent as of end last year, based on […]
April 10, 2018

Layug quitting post as NREB chairman

By Myrna Velasco – April 9, 2018, 2:40 PM from Manila Bulletin The chairman of the National Renewable Energy Board (NREB), lawyer Jose M. Layug, has reportedly submitted his resignation to Energy Secretary Alfonso G. Cusi effective April 30 this […]
April 7, 2018

Weak peso could swell PSALM’s $5.3 B debts, to trigger rate hikes

By Myrna M. Velasco – April 6, 2018, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) needs to face up to further financial hemorrhage with more than 50-percent of its $5.274-billion outstanding debts denominated […]