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Enrile warns of ‘looming’ energy crisis

MANILA, Philippines — The government should quickly address a looming energy crisis that may “worsen” with the “Build, Build, Build” program of the Duterte administration, former Senate President Juan Ponce Enrile said Thursday. “We do not have any source of hydrocarbon energy in the country except Malampaya. If a war happens in Russia or in […]

Inalum target US$1.8 revenue from Freeport in 2022

State-owned mining holding company Indonesia Asahan Aluminium (Inalum) president director Budi Gunadi Sadikin has said the revenue that the state will receive from gold and copper miner PT Freeport Indonesia (PTFI) will increase to US$1.8 billion in 2022, from $180 million in 2018. In 2019 and 2020, there will be no revenue from the company because […]

Vietnam abandons net-metering method for rooftop solar projects

Buyers now need to directly pay for the electricity they receive from sellers. Vietnam will change the trading method for rooftop solar projects by replacing the net-metering method with the direct consumption-direct supply method. It issued Decision No. 02/2019/QD-TTg which amends some points in Decision No. 11/2017/QD-TTg. Previously, electricity sellers that sourced from rooftop solar […]

P2.30 price hike for diesel

MANILA, Philippines — Another major fuel price hike takes effect today – the second in two weeks this month – in step with rising crude costs in the world market. The second tranche of the fuel excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) law has nothing to do yet with the […]

What are the woes in Myanmar’s energy mix?

No new MOA or PPA has yet to be concluded for two years already. It has already been two years since Myanmar’s newly democratised government came to political power, but much to the frustration of energy firms, a new MOA or PPA has yet to be concluded to increase another kind of power in the country: […]

Jonan: Indonesia Commits to Implement Clean Energy

JAKARTA, NNC – Indonesia Minister of Energy and Mineral Resources Ignasius Jonan onTuesday (10/09) received the visit of the Minister of Foreign Trade and Development of Finland, Anna-Mari Virolainen. The meeting was then followed by the 2018 Indonesia-Finland Business Seminar. During this visit, Finland brought business delegates representing various sectors. Jonan revealed that the long-term cooperation […]

INFOGRAPHIC: Natural gas and the Philippines’ rising power demands

MANILA, Philippines – As consumption rates continue to rise and the government’s massive infrastructure program gets underway, one thing is clear: the Philippines’ demand for power will be higher than ever. Can our existing energy mix sustain this growth? Based on latest figures, up to 50% of our energy comes from coal-fired power plants. At […]