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Gatchalian: More renewable energy projects to reduce power costs
Senator Win Gatchalian is pushing for the development of more renewable energy projects in the country to reduce power costs and ensure the sufficiency of energy supply nationwide. Citing data from the Manila Electric Co. or Meralco, Gatchalian said renewable energy plants provide the cheapest generation cost when compared to coal-fired and gas-fired power plants. Data showed that in the month of July, coal plants had the highest generation cost at an average of P8.0978 per kilowatt hour while gas-fired power plants had an average generation cost of P5.6636 per kWh and RE power plants had an average generation cost of only P4.7052 per kWh. The same data also showed that renewable energy plants only contributed 7.69 percent of the total power purchased by Meralco last month. “The data clearly shows that the development of renewable energy would provide the most benefit for our consumers as it entails the lowest generation cost,” Gatchalian said. Gatchalian authored and filed Senate Bill 157 or the Energy Transition Act, which provides for the creation of an Energy Transition Plan to achieve net zero emissions by 2050 and remove dependence on imported fuel. The senator said the energy transition would require diversification of the country’s current energy sources. Gatchalian also filed Senate Bill 485, An Act Enhancing The Implementation Of The Net-Metering Program, Amending For The Purpose Republic Act 9513, or The Renewable Act Of 2008. He said the proposed legislation, designed to foster increased investments in the renewable energy sector, seeks to remove the 100-kilowatt ceiling on generation facilities that can participate in the net metering program. Authorized under existing laws, net metering allows participants with their own renewable energy facilities to feed power back into the grid and have their contribution to the common pool of power deducted from their consumption. Gatchalian also expressed hope that investors would take advantage of a recent circular issued by the Department of Energy that removes limitations on foreign ownership of renewable energy projects. The DoE circular effectively allows foreign nationals and foreign-owned entities to explore, develop and use renewable energy resources such as solar, wind, biomass, ocean and tidal energy. The post Gatchalian: More renewable energy projects to reduce power costs appeared first on Daily Tribune......»»
Baltimore bridge accident: Freighter pilot called for tugboat help before plowing into bridge
BALTIMORE — The pilot of the cargo freighter had radioed for tugboat help and reported a power loss minutes before the Baltimore bridge accident, federal safety officials said on Wednesday, citing audio from the ship’s “black box” data recorder. The head of the National Transportation Safety Board also said that Francis Scott Key Bridge, a.....»»
Philippines beats India for back-to-back wins in women’s Asia ice hockey tiff
The Philippine women’s ice hockey team picked up where they left off after their opening win in the 2024 IIHF Women’s Asia and Oceania Cup with a 7-0 shutout of India at the Bishkek Arena in Kyrgyzstan on Wednesday......»»
Squirrel involved in power outage provided shelter and care by More Power
Squirrel involved in power outage provided shelter and care by More Power.....»»
Mayor Uy posts cryptic messages amid Igacos power problems
ISLAND Garden City of Samal (Igacos) Mayor Al David Uy posted cryptic messages regarding the power crisis in Igacos......»»
Power fluctuations hit NAIA
Passengers sweltered as power fluctuations hit the Ninoy Aquino International Airport Terminal 2 at around 10 a.m. yesterday......»»
Aboitiz Power Corporation to hold Annual Stockholders Meeting
Notice is hereby given that the Annual Meeting of the Stockholders of ABOITIZ POWER CORPORATION (the "Company") will be held on April 22, 2024, Monday at 9:30 a.m. (the "2024 ASM")......»»
Van Sickle, Petro Gazz pummel Capital1
Petro Gazz used hammer, Brooke Van Sickle and sword as it overpowered Capital1 Solar Energy, 25-11, 25-19, 25-14, Tuesday to revive its semifinal hopes in the Premier Volleyball League All-Filipino Conference.....»»
Angels rebound, Crossovers roll on
Petro Gazz and Chery Tiggo carved out contrasting wins over Capital1 Solar Energy and Nxled, respectively, and stayed in the thick of the fight for the semifinals of the Premier Volleyball League All-Filipino Conference at the PhilSports Arena last night......»»
Cargo ship lost power and issued mayday before hitting Baltimore s bridge, governor says
Cargo ship lost power and issued mayday before hitting Baltimore s bridge, governor says.....»»
Marcos admin eyes building 20 new dams by 2028
To meet the country’s growing demand for water and power, the government is eyeing to build 20 medium and three to five large dams by 2028, the end of President Marcos’ term, according to National Irrigation Administration head Eduardo Guillen......»»
Niña Jose nag-sorry, maraming natutunan matapos mag-viral
MARAMING natutunan ang dating “Pinoy Big Brother” housemate at alkalde ng Bayambang, Pangasinan na si Niña Jose matapos siyang mag-trending sa social media kamakailan. “The power of social media is so scary, we have to be truly careful sa mga binibitiwan nating salita,” ito ang natutunan niya tungkol sa viral video na kumalat tungkol sa.....»»
Alternergy reallocates IPO proceeds to Tanay and Alabat projects
Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»
Aboitiz Power Corporation: Notice of Annual Meeting of Stockholders
Notice is hereby given that the Annual Meeting of the Stockholders of ABOITIZ POWER CORPORATION (the "Company") will be held on April 22, 2024, Monday at 9:30 a.m. (the "2024 ASM")......»»
Earth Hour electricity savings reached 132.11 megawatts – DOE
Electricity savings from last Saturday’s Earth Hour increased by 110.73 percent to 132.11 megawatts from last year’s savings of 62.69 MW, according to the Department of Energy......»»
Phl booters eye revenge vs Iraqis
After a close loss to Iraq in Basra, embattled Philippines aims to see its upset plans through on familiar grounds when it faces the Asian power again tonight in the FIFA World Cup Qualifiers at the Rizal Memorial Stadium......»»
SB19 s Pablo leads Earth Hour in Manila
SB19 leader Pablo, World Wide Fund for Nature (WWF) Philippine's new Earth Hour Music Ambassador, led the annual switch-off event in Manila City last weekend......»»
Samal residents rally vs power woes
Electricity consumers in the Island Garden City of Samal in Davao del Norte province joined an interfaith prayer rally over the weekend to protest the continued power woes in their area......»»
DOE monitoring power situation amid El Niño
Following the Philippine Atmospheric, Geophysical and Astronomical Services Administration’s recent declaration that the warm and dry season has begun, the Department of Energy (DOE) said the country’s power situation is currently being monitored to ensure energy security......»»
PSALM expects P100 billion from CBK privatization
The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»