DOE Ener.GIST (Collection of Energy News from National Newspapers)

PH Competition Commission approves land, energy joint ventures

Category: Energy
Date Posted: Friday, 23 February 2018
Total views: 9

MANILA, Philippines— The Philippine Competition Commission (PCC) approved two deals that will see a mixed-use development rise in Cavite and more hydropower projects in Ifugao province.

In a statement on Thursday, February 22, the PCC said it has given its nod to two joint venture transactions – one between Ayala Land Incorporated (ALI) and Royal Asia Land Incorporated, and another... Read more

FPH exec sees virtual extinction of coal plants, dominance of RE

Category: Coal Resources, Energy, Renewable Energy
Date Posted: Friday, 23 February 2018
Total views: 19

COAL power plants are likely to end up as underutilized or stranded assets in 10 years, or even less, given the rapid pace of renewables, a top official of Lopez-led First Philippine Holdings (FPH) said.

Federico R. Lopez, chairman and CEO of FPH, First Gen and Energy Development Corp. said during the second Philippine Environment Summit that as more renewables come onto the grid, the... Read more

Green financing eyed for renewable energy

Category: Energy, Renewable Energy
Date Posted: Friday, 23 February 2018
Total views: 19

Cebu City  , Philippines  — Government-run Development Bank of the Philippines (DBP) still sees continued opportunity in green financing with upcoming measures to support renewable energy (RE) development, an official said.

The state-run bank is looking into opportunities to fund green energy projects with the implementation of the Renewable Portfolio Standards (RPS), DBP first vice... Read more

Duterte seeks accountability on Malampaya fund mess

Category: Energy, Natural Gas
Date Posted: Friday, 23 February 2018
Total views: 54

President Rodrigo Duterte has called for accountability over the corruption of funds sourced from earnings of the Malampaya natural gas project.

"Alam mo ang malas ng Pilipinas? Ewan ko, Diyos lang ang makasagot nito. Ang Indonesia, may oil. Brunei, may oil. Ang Malaysia, may oil. Tayo, wala. Kokonti lang gas natin [Malampaya] kinurakot," he said at the 6th Regional Community Defense... Read more

DoE monitoring power deal renewals to ensure CSP rules are met

Category: Renewable Energy
Date Posted: Friday, 23 February 2018
Total views: 9

THE Department of Energy (DoE) said it will intervene and review existing power supply contracts with an automatic renewal clause to block any move to circumvent the rules on competitive selection process (CSP).

 

“The rate would still be negotiated. We will look at the rate. They can have an automatic renewal but DoE will still look at what they are automatically... Read more

Petron to put up charging hubs for electric vehicles

Category: E-vehicles, Energy
Date Posted: Friday, 23 February 2018
Total views: 15

PETRON Corp. has informed the government of its plan to put up electric-vehicle (EV) charging stations in select retail stations, Energy Secretary Alfonso G. Cusi said.

Cusi said he was informed that “Petron also” committed to put up EV charging stations.

“Shell has committed,” Cusi stated. “Petron is also interested.”

Petron President Ramon S.... Read more

Oil firms cleared on TRAIN pricing violations — DOE

Category: Downstream Oil Industry, Energy
Date Posted: Friday, 23 February 2018
Total views: 14

The Department of Energy (DOE) has cleared oil companies that reportedly hiked prices even before the Tax Reform for Acceleration and Inclusion (TRAIN) Law took effect last month.

However, three liquefied petroleum gas (LPG) retailers have violated administrative regulations and would be meted with penalties, DOE assistant secretary Leonido Pulido said.

... Read more

10 power projects eyeing “national significance” title

Category: Electric Power Industry, Energy
Date Posted: Friday, 23 February 2018
Total views: 8

TEN POWER PROJECTS ARE LOOKING TO BE DECLARED AS “PROJECT OF NATIONAL SIGNIFICANCE” BY THE DEPARTMENT OF ENERGY UNDER EXECUTIVE ORDER (EO) 30.

Among the 10 projects include the Visayas-Mindanao Interconnection Project (VMIP), DOE undersecretary Jesus Posadas said in a report by BusinessMirror.

“These 10 must comply with the necessary requirements,” he... Read more

New power firm welcome

Category: Electric Power Industry
Date Posted: Friday, 23 February 2018
Total views: 18

SPEAKER Pantaleon ‘Bebot’ Alvarez yesterday said Congress can entertain another electric distribution utility firm to replace Manila Electric Co. (Meralco) should its legislative franchise expire.

Alvarez said it is fully within the power, authority and discretion of Congress to look for another company that would continue the operations of Meralco, depending on the appreciation of the... Read more

AKELCO, NEA BELIEVE WASTE-TO-ENERGY PROJECTS MIGHT SAVE BORACAY FROM UTTER DEGRADATION – MASONGSONG

Category: Energy, Environment
Date Posted: Friday, 23 February 2018
Total views: 7

There might be another way around cleaning up Boracay without the mandatory closure of businesses that drive its economy. How? By putting up waste-to-energy facilities in the bustling tourist destination.

An official from the Aklan Electric Cooperative, Inc. (AKELCO) brought this up amid reports that a number of establishments in the area will be forced to temporarily shutdown after... Read more

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