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

Subic power firm signs P750-M lease extension

Category: Electric Power Industry, Energy
Date Published (mm/dd/yyyy):
Total views: 150

SUBIC BAY FREEPORT—One Subic Power Generation Corp., a fully owned subsidiary of Phinma Energy Corp., has signed a 10-year lease extension agreement for the operation of the diesel-power plant here, a contract that will yield P750 million in lease and revenue shares to the Subic Bay Metropolitan Authority (SBMA).

Phinma President and CEO Francisco Viray and One Subic Power President... Read more

Negros Oriental bans permits for coal power plants

Category: Coal Resources, Energy
Date Published (mm/dd/yyyy):
Total views: 147

THE provincial board of Negros Oriental has issued a resolution banning the use of coal as a source of energy throughout the province, adding to the number of local governments that have decided to eradicate the use of the fossil fuel.

In an order dated March 28, Governor Roel R. Degamo signed a policy that all offices and local government instrumentalities in the province “shall not... Read more

When consumers’ pockets are ‘gouged’

Category: Economy, Renewable Energy
Date Published (mm/dd/yyyy):
Total views: 247

Solar’s FIT mess (FIRST OF TWO PARTS)

Manipulation is the new world order – well, savagely! It is quite tragic that this appears to be a “gouging game” even in the Philippine renewable energy (RE) sector.

Now, it is difficult to lift the nation’s spirit to opt for “green energy” when an industry is shaken by investment trickery. This then provokes a stark reminder that: There’s... Read more

34 energy projects seeking fast-track okay under EO30

Category: Energy, Geothermal Energy, Hydropower Energy, Renewable Energy
Date Published (mm/dd/yyyy):
Total views: 148

At least 34 multi-billion dollars worth of energy projects are now lodged with the Department of Energy (DOE), all seeking fast-track approvals within the ambit of Executive Order No. 30, a policy streamlining approvals and permitting processes on the so-called energy projects of national significance (EPNS) being headlined by the Duterte administration.

According to energy officials,... Read more

AC Energy eyes big league, ramps up capacity target

Category: Electric Power Industry, Energy
Date Published (mm/dd/yyyy):
Total views: 175

MANILA, Philippines — AC Energy, the power business of Ayala Corp., is entering the big league in the power industry as it ramps up its capacity target to 5,000 megawatts (MW) by 2025, company officials said.

AC Energy president and CEO Eric Francia said the Ayala Group is eyeing to become a big player in the power industry both here and abroad.

“Our goal is to exceed five... Read more

What’s in vogue? Solar rooftops

Category: Energy, Solar Energy
Date Published (mm/dd/yyyy):
Total views: 442

Rooftop solar power systems will account for at least one-third of all solar installations in the Philippines by 2030 as the popularity of this renewable energy platform continues to rev up, according to Market Insights Reports.

The North Carolina-based American firm said in a report that within the next 12 years, total solar power generation capacity in the country was expected to... Read more

AC Energy eyes power portfolio topping 5 GW

Category: Electric Power Industry, Energy, Renewable Energy
Date Published (mm/dd/yyyy):
Total views: 190

AC Energy, the power arm of conglomerate Ayala Corp., aims to build a diversified power portfolio of more than 5 gigawatts (GW) by 2025.

“Our goal is to exceed 5-GW of capacity by 2025. We will do this by growing both in the Philippines and around the region,” AC Energy President Eric Francia said in the company’s 2018 corporate video released on Thursday.

Francia is confident... Read more

Senator eyes assesment of PH electrification program

Category: Electric Power Industry
Date Published (mm/dd/yyyy):
Total views: 199

SENATOR SHERWIN GATCHALIAN IS PUSHING TO REVIEW THE GOVERNMENT’S ELECTRIFICATION PROGRAM TO FILL THE ELECTRICITY GAP IN RURAL AREAS BEFORE THE 2022 TARGET.

Gatchalian has filed Senate Resolution No. 695 that will assess the current strategies in closing the gap in the number of households without access to power across the country.

He said that it would be helpful in achieving... Read more

Too Late? Bataan Nuclear Power Plant is ‘beyond revival’

Category: Energy, Nuclear and Mineral Resources
Date Published (mm/dd/yyyy):
Total views: 346

WITH ITS REVIVAL STILL IN THE AIR, RUSSIAN AMBASSADOR IGOR KHOVAEV SAID THAT THE BATAAN NUCLEAR POWER PLANT (BNPP) IS ‘BEYOND REVIVAL.’

“The safety standards, [the] international standards are much, much higher than the standards on which the Bataan Nuclear Power Plant was built. So I think it’s not possible at all,” Khovaev said in a report by CNN Philippines, adding that the... Read more

More time sought for biomass projects

Category: Biomass Energy
Date Published (mm/dd/yyyy):
Total views: 167

The Energy Department asked the Energy Regulatory Commission to extend the installation target for biomass and run-of-river hydro projects by another two years.

ERC spokesman Floresinda Digal confirmed that the department sent a letter to ERC regarding the extension of the installation target for the two undersubscribed technologies.

“Two years extension. We can’t say anything... Read more

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