Petronas well positioned to provide LNG to new markets
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is well positioned to provide its liquefied natural gas (LNG) to existing and new demand markets, as well as to emerging trading hubs, through its flexible and innovative LNG solutions. This is made possible due to the national oil company’s growing portfolio of LNG supply sources in Malaysia, Australia, […]
TNB drums up energy efficiency efforts
Tenaga Nasional Bhd (TNB) is launching a campaign aiming to promote energy efficiency with the intention to remind and educate Malaysians on the significance of environmental sustainability through power saving. The larger purpose of the campaign is to steer transformation towards a future energy ecosystem that delivers a balance between environmental sustainability, secure and reliable […]
Malaysia’s electricity prices only changes every six months, not sooner
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) does not expect electricity tariffs to come down immediately to match international pricing of gas and coal. This is because the government via the Energy Commission has set the base tariff at 39.45 sen per kWh for the three years of 2018, 2019 and 2020. TNB, in turn, uses […]
Coal price set at $88.85 per ton in April, down 0.84 percent
The government set on Thursday the coal reference price at US$88.85 per ton in April, a 0.84 percent decrease from the $90.57 per ton set in the previous month. The change marks a further decrease of the coal price, which stood at $107.83 per ton in August last year. Energy and Mineral Resources Ministry spokesperson […]
DOE Steers Power Industries to Work Together for the Summer Months
TAGUIG CITY – Department of Energy (DOE) Secretary Alfonso G. Cusi has been closely coordinating with the power industry players to address the growing demand and the thinning of power reserves for the summer months. “The entire energy family should take a pro-active approach towards securing our power supply, especially since it is both summer […]
Coal-fired plants taking up slack from Mindanao hydropower during El Niño
DAVAO CITY — Mindanao’s shift in recent years to more power generated by coal-fired plants is for now saving the southern Philippines from energy problems caused by the El Niño dry spell. “Mindanao’s current energy mix and supply status may be able to spare Mindanao from the effects of long dry spell to our power […]
DOE coordinates with power producers to ensure supply
MANILA — For the third consecutive day, the Department of Energy (DOE) assured the public that it continues to coordinate with power producers as the country’s power reserves grow thinner. In a statement, the Energy department said the yellow alert status in the Luzon grid was lifted by the National Grid Corporation of the Philippines […]
Velasco: PH needs more wind, solar power
MANILA, Philippines – Marinduque Rep. Lord Allan Velasco said the Philippines needs to ramp up investments for cleaner energy sources if it wants to power up the homes of close to three million Filipino households, particularly those in geographically isolated areas, who still have no access to electricity. And with the recent signing of the […]
DOE assures power supply for automated polls in May
MANILA, Philippines — The Department of Energy (DOE) gave assurances on Wednesday that there will be an adequate supply of electricity during the elections in May. DOE Electric Power Industry Management Bureau director Mario Marasigan said there is enough energy supply in Luzon, Visayas, and Mindanao on the day of the elections, which requires electricity […]
New DoE framework puts energy storage at heart of Philippines’ energy reforms
Questions around who should own, operate and ultimately benefit from the deployment of energy storage systems could soon be resolved in the Philippines after the government Department of Energy (DoE) issued a set of draft guidelines. In order to accommodate energy storage as an enabler for the modernisation of its electricity networks, the Philippines’ Department […]