Japanese firms are interested in investing in the country’s liquefied natural gas (LNG), including the government’s plan to establish an LNG receiving terminal in Batangas. One of these firms is Tokyo Gas...
Basic Energy Corp. received approval from the Department of Energy (DOE) to go ahead with its Farm-In Agreement and Deed of Assignment with DESCO, Inc. This will allow DESCO to aquire 80...
The Manila Electric Co. (Meralco) has formed a subsidiary that will act as its retail electricity supplier as part of its move to comply with one of the provisions of the retail...
The Chamber of Commerce of the Philippine Islands is once again pushing for the revival of the Bataan Nuclear Power Plant (BNPP) in order to speed up the country’s economic progress through...
The National Transmission Corp (TransCo) has asked the Energy Regulatory Commission to approve its feed-in-tariff allowance (FIT-All) application of 22.91 centavos per kilowatt-hour (kWh) next year. If approved, consumers will face an...
Senator Sherwin Gatchalian has asked power distributor Manila Electric Co. (Meralco) to cut down its system loss to five percent of electricity sales. “If we reduce it from 6.5 [percent] to 5...
The Electric Vehicle Association of the Philippines (EVAP) is urging the government to put up a financing program for the country’s electric vehicle (EV) industry instead of discontinuing the Department of Energy’s...
President Rodrigo Duterte has expressed his doubt on the Paris Agreement on Climate Change, saying that it favors more industrialized nations. “[May] misgivings ako sa climate change [pact], even [former President Fidel]...
President Rodrigo Duterte reiterated the country’s need for cheap energy source like coal-fired electric power plants in enticing more investors in creating businesses that would provide more jobs for Filipinos. ”Coal, it’s...
With 11, 500 megawatts (MW) of coal-fired power projects still lined up, the Philippines’ coal dependence could increase to as much as 80 percent by 2030, global analytics firm IHS said. Think...
