PHL lands on top 10 list of ‘most attractive’ markets for clean energy
The Philippines is one of the most attractive markets for clean energy investments, according to a recent study published by the Bloomberg NEF. This year’s Climatescope Emerging Market Outlook showed the country ranked 6th out of 103 economies with a score of 2.29. This is the first time the Philippines was included in the study. […]
Investors keen on drilling for oil and gas – DOE
TAGUIG CITY, Nov. 28 — Department of Energy (DOE) Secretary Alfonso G. Cusi yesterday said that the “keen interest which many investors expressed in exploring oil and gas in the Philippines” augurs well for the country’s development and energy security. Sec. Cusi made the comment after the launch of the Philippine Conventional Energy Contracting Program […]
Philippine regulator opposes net metering expansion
The Philippines’ Energy Regulatory Commission (ERC) has said the removal of the 100 kW cap for solar installations under net metering would be difficult for the nation’s grid to accomodate. Meanwhile, a proposal to raise the threshhold is being discussed in the country’s Senate. The Department of Energy (DOE) has issued a statement announcing that […]
Philippines biogas facility to produce 50,000MWh energy from fruit waste
Metro Pacific Investments inked a deal with Dole Philippines for the $19.05m project. The Philippines’ Metro Pacific Investments Corporation (MPI) inked a deal with agricultural producer Dole Philippines, Inc. (DPI) to design, construct, and operate facilities that will process fruit waste and produce around 50,000MWh of biogas. MPI has set aside $19.05m (Php1b) for the […]
Philippines mulls tariff on palm oil imports
MANILA, Philippines — Despite the existing tariff-free agreement within the ASEAN region, the Philippines is now mulling to impose duty on palm oil imports amid the possible dumping of the commodity in the country causing a slump in the prices of coconut. The Department of Agriculture (DA) is now investigating the dumping of palm oil […]
Shell: Switching to renewables in the 90s would have bankrupted us
Energy giant was aware of the impacts of global warming decades ago. But shifting to renewables early on would have ruined the company, a top executive said this week. Suing fossil fuels firms for climate change is “a waste of society’s money and time,” he said. Although Shell was aware of the catastrophic consequences of climate […]
House pushes for ‘energy one-stop shop’
MANILA — The House of Representatives approved on third and final reading this week a measure seeking to streamline the process of securing the necessary permits for power generation projects through an Energy Virtual One-Stop Shop (eVOSS). With 215 affirmative votes, seven negative votes and no abstention, the Lower House approved House Bill 8417, which aims […]
DOE racing to bring electricity to all rural areas by 2020
The Department of Energy (DOE) said it will assemble a team that would help the agency bring electricity to all households, particularly in rural areas, by 2020. Energy Secretary Alfonso G. Cusi met with officials and board of directors of the National Electrification Administration and Philippine Rural Electric Cooperatives Association Inc. last Monday to discuss […]
Greenhouse gas emissions in PH rising: report
MANILA – The Philippine Climate Change Assessment Working Group 3 Report was launched on Monday during the opening ceremonies of the 2018 Global Warming and Climate Change Consciousness Week in Pasay City. One of the lead authors, Rodel D. Lasco, who is also the Scientific Director of the Oscar M. Lopez Center for Climate Change […]
Philippine senators ask Duterte to disclose China energy plan
MANILA (Reuters) – Philippine opposition senators have demanded President Rodrigo Duterte reveal details of joint energy exploration plans with China, warning such a deal risked affirming Chinese territorial claims that are not recognized under international law. Early this year, the two countries set up a joint panel to work out how to explore offshore oil […]