After hurdling 2018’s regulatory crisis, power industry players are ready for Year of the Pig
THE country’s power supply remained stable for the past 12 months despite a crippled Energy Regulatory Commission (ERC) that left the agency “powerless in making decisions critical to the energy sector.” “We were able to surpass all challenges. There were difficult times but we just kept on going,” commented Alfonso G. Cusi, secretary of the Department […]
Additional fuel excise tax now in effect
Metro Manila (CNN Philippines, January 1) — Filipinos will pay more for fuel at the beginning of 2019 because of an additional excise tax provided by law. Under the Tax Reform for Acceleration and Inclusion (TRAIN) law, an additional ₱2 per liter excise tax is imposed on diesel and gasoline, ₱1 for every liter of […]
Singaporean company eyeing 6MW of solar home installations in PH
At its initial rollout this coming 2019, Singapore-based Trina Solar is targeting to chalk up 10-percent or a range of 5.0 to 6.0 megawatts of the emerging market of solar installations for residential end-users in the Philippines. Trina Solar Philippines country manager Junrhey Castro indicated that the Philippines has a huge potential for solar homes […]
PH exploring possible energy cooperation with Alberta, Canada
The Philippines is exploring possible energy cooperation with the Province of Alberta, Canada’s energy capital, in anticipation of Malampaya’s gas reserves depletion by 2024. “There are great potentials for energy cooperation between the Philippines and the Province of Alberta, Canada,” Deputy Philippine Consul General in Calgary Zaldy Patron said in a statement. Patron was recently […]
Viewpoint: Indonesian coal sellers plan amid volatility
Regulatory obstacles in Indonesia could hamper coal production in 2019 and uncertainty about China’s import policy could also curb exports, even though a number of producers have announced tentative plans to raise output in the coming year. A period of high prices that began in 2016 and lasted throughout much of 2018 on strong demand […]
Going Green: Better returns from solar investments expected
Solar energy investments will be more affordable for Malaysians following the changes to the Net Energy Metering (NEM) programme, which was announced by the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC) in October. From next month, residential consumers who generate solar energy for their own use under the NEM programme can sell […]
Vietnam Mining group looks to higher revenue in 2019
VNA reported that the Vietnam National Coal and Mineral Industries Group has set the goal of earning a total revenue of VND 128 trillion in 2019, nearly VND 69 trillion of which will be from coal production. During a conference held in the northern province of Quang Ninh on December 26, the group said it […]
EMA should explain why oil price drops more than 35% but electricity tariffs drop only 1.2 per cent
It was reported that from January to March 2019, consumers can expect lower electricity and gas tariffs due to lower cost of natural gas for electricity generation and a drop in fuel prices from the quarter before. Energy utilities provider SP Group announced yesterday (30 Dec) that the electricity tariffs will drop by an average […]