While the government and private sector look for viable short- and long-term solutions to the country’s steep electricity cost, the second-highest in Asia due mainly to generation charges, businesses and even homes can take alternative paths to remain competitive.
Energy Development Corp., the country’s biggest producer of geothermal energy, has dropped two exploration projects in Chile, after initial assessments showed that existing resources are not viable enough for power production.
The Department of Energy plans to tap an initial $100 million from the Clean Technology Fund (CTF) to help finance the 20,000 electric tricycles that it plans to deploy over the next two years.
SN Aboitiz Power (SNAP) plans to use the whole capacity of the recently rehabilitated 105-megawatt Ambuklao hydroelectric power facility to provide ancillary services to the National Grid Corp. of the Philippines and help ensure the stability of the Luzon grid.
The Netherlands-based Sunconnex Projects BV remains keen on building a 70-megawatt solar power project portfolio in the country despite the problems hounding the renewable energy sector. The firm, through local unit Sunconnex Development Corp. (PH), is still willing to invest $3 million to $4 million to produce a megawatt of solar power in the country, [...]
The Federation of Philippine Industries is urging the Energy Regulatory Commission (ERC) to defer the issuance of feed-in tariff (FIT) rates for wind and solar power projects as these technologies are still too expensive to use as mainstream power sources. In a position paper submitted to the ERC earlier this month, the group said that [...]
MANILA, Philippines—The Philippine government is making a pitch to house a global research and development center for existing and emerging ocean technologies, which are seen providing an alternative source of energy in small islands and archipelagic countries. Energy Secretary Jose Rene D. Almendras said the ocean technical center that he proposed to United Nations Industrial [...]
Publicly listed Greenergy Holdings Inc. plans to invest at least $1.3 billion (roughly P55 billion) to develop wind power projects in the Philippines over the next 10 years.
Robert Bongsiw of Barangay (village) Ambuklao here has a job as fisherman that his Ibaloi elders would never have tried in upland Benguet.
SUBIC BAY FREEPORT, Philippines – A consortium composed of Manila Electric Co., Aboitiz Power Corp. and Taiwan Cogeneration Corp. is investing $1.28 billion in a 600-megawatt, supposedly clean coal-fired power plant within the Subic Bay Freeport Zone, a move that will help lower electricity rates and shore up power supply in the Luzon grid in [...]
The Department of Energy has warned anew of possible power supply shortages in Mindanao next year, as the required power reserve level in the island remained precariously low at only 100 megawatts during peak hours.
UK–based Forum Energy Plc is seeking potential partnerships to accelerate the exploration and development of the Sampaguita gas discovery within the Reed Bank basin. Robert Nicholson, executive chair of Forum Energy, said he expected the completion of the company’s first sub-phase work program for Service Contract 72 to give them “significant additional information.” This data, [...]
