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

PH tops Energy Sustainability ranking for 3rd year

Category: Energy
Date Posted: Friday, 2 February 2018
Total views: 75

(Taguig City). The Philippines ranked No. 1 in the World Energy Council’s World Energy Trilemma Index (WETI) 2017 for the third consecutive year for having the best energy environmental sustainability among 125 countries.

Department of Energy (DOE) Secretary Alfonso G. Cusi announced Monday the Philippines’ three-peat in WETI, which ranked countries according to the three... Read more

DOE sets ‘transition committee’ for WESM in Mindanao

Category: Electric Power Industry
Date Posted: Friday, 2 February 2018
Total views: 97

The Department of Energy (DOE) is pushing for the creation of a transition committee of overwhelming nine-man membership for the Wholesale Electricity Spot Market (WESM) in Mindanao.

The department has also prescribed the selection process of the individuals that shall comprise the southern spot market’s transition committee.

Although it is rather a small market compared to the... Read more

Malaya Thermal Plant can be privatized this year – DOE

Category: Energy
Date Posted: Friday, 2 February 2018
Total views: 83

THE 650-MEGAWATT (MW) MALAYA THERMAL POWER PLANT (TPP) IN RIZAL CAN FINALLY BE PRIVATIZED AFTER THE COUNTRY’S NATURAL GAS POLICY HAS BEEN ISSUED, THE DEPARTMENT OF ENERGY (DOE) SAID.

“This year might be the year that Malaya thermal power plant could be privatized. [It should be] converted into LNG power plant or coal plant,” DOE assistant secretary Leonido Pulido said.... Read more

Cusi to step out as PEMC chair

Category: Energy
Date Posted: Friday, 2 February 2018
Total views: 61

The well-anticipated ingress of the Independent Market Operator (IMO) of the Wholesale Electricity Spot Market (WESM) targeted as early as February this year will also prompt the eventual exit of Energy Secretary Alfonso G. Cusi as chairman of the board of the Philippine Electricity Market Corporation (PEMC).

That will similarly signal the end of the government... Read more

Senator seeks inquiry on ‘anomalous disbursements’ of Malampaya funds

Category: Natural Gas
Date Posted: Friday, 2 February 2018
Total views: 78

LAWMAKER Sherwin T. Gatchalian has called for a Senate investigation into what he called “anomalous disbursements” worth billions of pesos of Malampaya funds under the past two administrations. “These funds were meant to finance the development of energy resources. Their usage for other purposes, and without following the clear procedural requirements concerning their disbursement, is a... Read more

DOE deploys inspectors to deter oil firms from TRAIN “abuse”

Category: Downstream Oil Industry
Date Posted: Friday, 2 February 2018
Total views: 79

MANILA — Oil companies, watch out.

The Oil Industry Management Bureau (OIMB) has deployed a team of inspectors to randomly check the inventories of service stations and depots nationwide.

This is to see if the oil firms are complying with the guidelines set by the Department of Energy (DOE) on the newly implemented Tax Reform for Acceleration and Inclusion (TRAIN) law.

The... Read more

Coal to top 55% of PH power mix by 2027

Category: Coal Resources
Date Posted: Friday, 2 February 2018
Total views: 85

Despite its higher excise tax under the new tax reform law, as well as initiatives to promote the use of renewable energy (RE), coal will dominate the Philippines’ energy mix in the next 10 years, a BMI Research study found.

“[T]he share of coal [is]actually increasing over our 10-year forecast period—from just under 50 percent in 2017 to over 55 percent by 2027,” Fitch-owned BMI said... Read more

‘Causers pay policy’ out by June–DOE

Category: Downstream Oil Industry, Economy
Date Posted: Friday, 2 February 2018
Total views: 115

Energy Secretary Alfonso G. Cusi is expected to sign the proposed “causers pay policy” in June this year after it is presented to the public for comments.

“There is already a draft [circular] that will undergo public consultations. It is targeted to be signed in June 2018,” Energy Undersecretary Felix William B. Fuentebella said.

Under the causers pay... Read more

Erring power companies to get penalty

Category: Electric Power Industry
Date Posted: Friday, 2 February 2018
Total views: 78

The Energy Department will issue rules in June penalizing power companies found to have caused a forced outage in the power grid, especially through negligence.

“We already have the draft. We will hold public consultations and the target is to sign by June,” Energy Undersecretary Felix William Fuentebella said.

Energy Secretary Alfonso Cusi stressed the... Read more

Pass-on charges circular to be issued in June – DoE

Category: Electric Power Industry
Date Posted: Friday, 2 February 2018
Total views: 82

The Department of Energy (DoE) is set to issue in June a circular aimed at curbing the additional costs being passed on by power-generation companies (gencos) to consumers.

Energy Secretary Felix William Fuentebella said on Tuesday that the draft circular was focused on ensuring that those costs were reasonable and easing the burden on consumers.

If... Read more

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