June 20, 2022

DOF: No double taxation in power rates

By Chino S. Leyco – June 16, 2022, 2:24 PM from Manila Bulletin The Department of Finance (DOF) has clarified that there is no double taxation in the imposition of value-added tax (VAT) in the electric power sector. Reacting to […]
June 16, 2022

Amber Kinetics doubles ‘flywheel energy storage’ production end-2022

By Myrna M. Velasco – June 15, 2022, 3:54 PM from Manila Bulletin With anticipated robust uptake from renewable energy (RE) developers, US-headquartered Amber Kinetics will double its production of kinetic energy storage systems (KESS) or “flywheels” by the end […]
June 15, 2022

WESM operator seeks review of IEMOP

By Myrna M. Velasco – June 14, 2022, 5:47 PM from Manila Bulletin The operator of the Wholesale Electricity Spot Market (WESM) is asking the Department of Energy (DOE) to review the circular which created the Independent Electricity Market Operator […]
June 13, 2022

ERC wants ‘single entity’ to oversee WESM

By Myrna M. Velasco – June 12, 2022, 8:30 PM from Manila Bulletin The Energy Regulatory Commission (ERC) indicated that it prefers just having one entity to manage and oversee the Wholesale Electricity Spot Market (WESM) so the industry as […]