The proposed application of feed-in-tariff (FIT) to existing renewable energy projects is among the provisions still being sorted by the Energy Regulatory Commission (ERC) before finalizing the framework for the policy. ERC executive director Francis Saturnino Juan noted that the remaining deliberations on the FIT policy is on the existing projects, primarily for wind and [...]
Archive for April, 2010
Feed-in-tariff sorted out for existing RE projects (04/18/2010)
Posted in Manila Bulletin News, tagged Feed-in tariff, Renewable energy on April 19, 2010 | Leave a Comment »
WESM operator urges DUs to review their supply procurement strategies (04/18/2010)
Posted in Manila Bulletin News, tagged WESM on April 19, 2010 | Leave a Comment »
As the country’s biggest power utility, Manila Electric Company (Meralco), is currently targeted by ‘social media battering’ because of sudden spikes in the electricity bills of its customers, Philippine Electricity Market Corporation (PEMC) has put forward an unsolicited proposal for distribution utilities (DUs) to review their current supply sourcing strategy and make it more prudent [...]
Exxon Mobil to drill third well in Sulu next month — Energy exec (04/19/2010)
Posted in Business World News, tagged Oil exploration on April 19, 2010 | Leave a Comment »
MULTINATIONAL oil company Exxon Mobil Corp. will drill a third well in an exploration block off Sulu next month, an Energy department official said last week. “Most probably they will drill in the last part of May,” Energy Undersecretary Ramon V. Oca told reporters. The West Aquarius drill rig, used by ExxonMobil Exploration and Production [...]
DOE assures Visayas WESM implementation (04/19/2010)
Posted in Philippine Star News, tagged WESM on April 19, 2010 | Leave a Comment »
The Department of Energy (DOE) is confident of implementing the wholesale electricity spot market (WESM) in the Visayas. “We really need to establish WESM Visayas as soon as possible,” Energy Secretary Jose Ibazeta said. Ibazeta said the DOE is now conducting a series of public consultations and hearings to enable the WESM Visayas to push through [...]
NGCP asked to invest in Leyte-Mindanao interconnection project (04/15/2010)
Posted in Philippine Star News, tagged Energy security, NGCP on April 15, 2010 | Leave a Comment »
The Department of Energy (DOE) is urging the operator of the country’s power transmission highway, National Grid Corporation of the Philippines (NGCP), to invest in the multi-billion peso Leyte-Mindanao Interconnection Project (LMIP). Energy Secretary Jose Ibazeta said NGCP should take part in the project to ensure stable supply of power in the grid. “If you [...]
DOE to okay 5 EDC geothermal contracts – 04/15/2010
Posted in Philippine Star News, tagged Geothermal energy on April 15, 2010 | Leave a Comment »
The Department of Energy (DOE) is set to approve five more geothermal projects of Energy Development Corp. (EDC), the geothermal development unit of Lopez-led First Gen Corp. Based on DOE data, EDC has pending application for some 110 megawatts (MW) worth of geothermal projects. These five geothermal areas are: Mt. Ampiro in Misamis Occidental (30 MW), [...]
Mindanao power woes worsen (04/06/2010)
Posted in Manila Bulletin News, tagged Electricity, Mindanao on April 6, 2010 | Leave a Comment »
BUTUAN CITY – The Mindanao power supply situation took a turn for the worse when two power plant units bogged down in Northern and Southern Mindanao Sunday night. Reports received Monday by the Manila Bulletin said a unit of the 210-megawatt Steag Coal-Fired Plant in Tagoloan, Misamis Oriental and another unit of Power Barge 118 [...]
Petroleum tariff lifting costs P9B, splits experts (04/06/2010)
Posted in Business Mirror News, tagged Oil tariff on April 6, 2010 | Leave a Comment »
WITH an estimated P9 billion in revenues to be forgone, government agencies making up the Committee on Tariff and Related Matters (CTRM) are still divided on whether to grant the petition of Petron Corp. for the removal of the 3-percent most favored nation (MFN) tariff on crude petroleum. With this, the CTRM is now also [...]
Electricity co-ops reduce systems losses (04/06/2010)
Posted in Business World News, tagged Electric cooperatives, Systems loss on April 6, 2010 | Leave a Comment »
ELECTRICITY COOPERATIVES in the country were able to cut last year the amount of power lost in transmission, resulting in savings that could be channeled to measures to improve service to customers. In a statement yesterday, the National Electrification Administration (NEA) said that electricity cooperatives saved P311 million last year through a 0.6 percentage point [...]
Cepalco to expand solar plant in Cagayan de Oro (04/06/2010)
Posted in Business World News, tagged Solar energy on April 6, 2010 | Leave a Comment »
A PRIVATE power utility in Cagayan de Oro plans to expand its solar facility to four megawatts (MW) from just 1 MW in the next two years. “We intend to go 4 MW by 2012 and then add 1 MW more after that,” David A. Tuvali, senior vice-president of Cagayan Electric Power and Light Co., [...]
