Minimal oil price cuts seen
MANILA, Philippines — Pump prices could see another round of rollbacks next week, although minimal.
Cambodia urged to speed up clean energy transition
Cambodia Clean Energy Week 2023 began in Phnom Penh yesterday with a fervent call to all stakeholders to take urgent action on the transition to clean energy.
Global EV trend surges with Thailand joining the race
A surge in the global trend of electric vehicles (EVs) usage has been highlighted by Poonphong Naiyanaphakorn, the director of the Trade Policy and Strategy Office.
Consumers to benefit from reduction of NGCP’s proposed annual revenue
Senator Sherwin Gatchalian said Thursday consumers would benefit from the Energy Regulatory Commission’s (ERC) decision to reduce the National Grid Corp. of the Philippines’ (NGCP) annual revenue to PHP36.7 billion from the PHP43.79 billion maximum allowable revenue (MAR) collected from consumers from 2016 to 2020.
PHL, Canadian biz councils push nuclear inclusion in energy mix
DAVAO CITY—The Philippine and Canadian business councils in the Asia Pacific Economic Cooperation (APEC) will push for the inclusion of nuclear energy in the energy mix among members of the world’s largest economic bloc.
Indonesia, Vietnam energy transition financing under G7-funded plans
JAKARTA/HANOI, Nov 1 (Reuters) – Plans to reduce the use of coal in Indonesia and Vietnam with financial support from Western donors face teething problems, which could have implications for the prospects of richer countries helping poorer ones shift to cleaner energy.
Indonesia Lays Out Emissions Roadmap for $20 BN Energy Transition Pact
Jakarta – Indonesia slashed carbon emissions targets for its power sector by 2030 and pledged to boost the share of renewable energy in a roadmap it released on Wednesday as it seeks to wean itself off coal.
Two Philippine geothermal exploration licenses awarded to EDC
The Energy Development Corporation (EDC) has been awarded the exploration licenses for two geothermal exploration sites for which it had submitted bids. The two sites are the Buguias-Tinoc Geothermal Power Project with a potential 100-MW capacity, and the Mt. Sembrano Geothermal Power Project with a potential 20-MW capacity.