Power Philippines | News updates and features about the power …
WEBDOE estimates USD 80.70 billion needed for energy investments. The Department of Energy (DOE) said a USD 80.70 billion investment package is needed by the Philippines between now and 2028 to meet its reliable.. Business.
DOE, DENR sign agreement to fast-track offshore wind projects
WEB15 hours ago — on October 7, 2024 at 10:09 am. The Department of Energy (DOE) has signed a Memorandum of Agreement (MOA) with the Department of Environment and Natural Resources (DENR) to facilitate the use of offshore areas covered by offshore wind energy service contracts, including auxiliary zones, for the exploration, utilization, and development of ...
DOE eyes 3,309MW capacity boost in 2024 | Power Philippines
WEBFeb 14, 2024 — Power Philippines News. on February 14, 2024 at 1:50 pm. The Department of Energy (DOE) anticipates a significant capacity addition of 3,309 megawatts in the country this year, including 334 megawatts from battery energy storage systems (BESS). Primarily, the Luzon grid will witness a surge in renewable energy (RE) technologies, dominated by ...
Php 2T projects, mostly RE, lined up in green lane
WEB14 hours ago — on October 7, 2024 at 10:56 am. More than 90 projects, collectively worth about PHP 2 trillion, are in line to obtain green lane certificates from the One-Stop Action Center for Strategic Investments (OSAC-SI) under the Board of Investments (BOI), with the majority of these projects in the renewable energy (RE) sector, according to BOI Director ...
Consumer hours lost to power interruptions rose 10%
WEBon February 7, 2023 at 10:15 am. Power interruptions caused by natural calamities like storms, earthquakes, and lightning have cost the country 107.5 million consumer hours in 2021, the Philippine Institute for Development Studies (PIDS) said in a study. This entails a 10% increase from the 97.2 million consumer-hour recorded in 2015, PIDS ...
Over 4,000MW in power projects endorsed for system impact …
WEBNov 2, 2021 — The Department of Energy (DOE) has endorsed 13 more projects worth 4,149.3 megawatts (MW) to the National Grid Corporation of the Philippines for system impact study, as of end-September, for a total of 67 power ventures this year. Diesel (1,476.69MW), liquefied natural gas or LNG (1,340MW), and wind projects (1,210MW) — particularly offshore wind — dominate the list.
New power plants to add almost 9,000MW | Power Philippines
WEBApr 14, 2021 — Power Philippines News. on April 14, 2021 at 6:23 pm. A total of 8,977.1 megawatts (MW) have been committed or are expected to be added to the country’s generating capacity as of end-2020, based on data from the Department of Energy (DOE). This is 58% higher compared to the 5,691.1MW in additional capacity committed by power firms as of end-2019.
PH considers securing P31 trillion renewable energy investments …
WEBon June 5, 2024 at 12:45 pm. To support the country’s goal of transitioning to cleaner energy, the Philippines is eyeing to secure almost Php 31 trillion in renewable energy (RE) investments by 2040. Philippine Star reported that in a forum yesterday, Energy Undersecretary Rowena Cristina Guevara said that the Philippines needed around Php 20 ...
EDC, MORE Power ink 5-year power supply deal
WEBJun 30, 2022 — Power Philippines News. on June 30, 2022 at 10:17 am. The Energy Development Corporation (EDC) will ink a five-year power supply agreement with Razon-led MORE Electric Power Corporation (MORE) for 20 megawatts (MW) worth of renewable mid-merit supply. The RE supply will come from EDC’s Unified Leyte Geothermal Power Plant beginning July 5, 2021.
Power Philippines | News updates and features about the power …
WEBAboitiz Power Corporation (AboitizPower) received the a Golden Arrow Award for the third straight year, recognizing its commitment to upholding corporate governance standards and aligning..