Report: Malampaya reserves may hit rock bottom in 2022
- June 22, 2021
The reserves of the Malampaya gas field may hit nearly rock bottom as early as next year, according to an official of the Department of Energy (DOE). Based on a Manila Bulletin...
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The reserves of the Malampaya gas field may hit nearly rock bottom as early as next year, according to an official of the Department of Energy (DOE). Based on a Manila Bulletin...
Luzon, including Metro Manila, may be experiencing another round of rotating brownouts in the fourth quarter with the 20-day turnaround shutdown of the Malampaya gas-to-power project this October. Based on a Manila...
Cebu-based Vivant Energy Corporation will be investing around Php5 billion for expansion projects to be finalized until 2023, targeting both renewable energy (RE) and conventional power technologies. Vivant President Arlo Sarmiento noted...
The Department of Energy (DOE) has admitted that the Luzon Grid does not have the enough capacity to meet the peak electricity demand, especially with the recurring dilemma of forced power plant...
The Department of Energy (DOE) has warned of the possible reimposition of Red and Yellow Alerts in the Luzon Grid, and thus rotating brownouts, until July. At the Senate Committee on Energy’s...
Negros Island Biomass Holdings (NIBH), a joint venture between AC Energy and the Zabaleta group, has signed binding agreements to divest its shareholdings in three biomass-fired power plants in Negros Occidental. NIBH...
Energy Development Corporation (EDC) said it intends to use the Php15 billion in proceeds from the ASEAN green bonds issuance for the expansion of its power plants, primarily geothermal. The first tranche...
An additional seven power projects, five of which are powered by AC Energy (ACEN), have been endorsed by the Department of Energy (DOE) to the National Grid Corporation of the Philippines for...
Ayala-led AC Energy (ACEN) is investing Php415 million in one of its subsidiaries to acquire potential project sites, otherwise known as landbanking. In a disclosure to the Philippine Stock Exchange on Wednesday,...
(UPDATED) The National Grid Corporation of the Philippines (NGCP) will begin a competitive bidding process to enter into firm contracts for ancillary services (AS) in compliance with the Department of Energy’s (DOE)...