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Ambitious timeline set for nuclear energy development

The clock is ticking for the Philippines to start its nuclear power industry, with the government setting sights on an ambitious and aggressive timeline that will see the construction of a new nuclear power plant in the country commencing in four years’ time......»»

Category: newsSource: philstar philstarMar 7th, 2024

Philippines, Indonesia seek to strengthen cooperation for energy security

MANILA, Jan. 10 (Xinhua) -- The Philippines and Indonesia on Wednesday agreed to strengthen energy cooperation to safeguard energy security. Energy ministers of the two countries signed a memorandum of understanding (MOU) on energy cooperation at the presidential palace in Manila, where Indonesian President Joko Widodo was received by his Philippine counterpart Ferdinand Romualdez Marcos. Widodo arrived i.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

DOE slates 3rd round of Green Energy Auction

Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

NEWS BRIEFS | 27 February 2024

Energy exploration in BARMM opened for bidding The Department of Energy has opened four areas in the Bangsamoro Autonomous Region in Muslim Mindanao for exploration, development, and production of indigenous energy sources. Energy Undersecretary Alessandro Sales said coal exploration marked as “PDA-BC-1” covering 14,856 hectares in Kapai and Tagoloan towns in Lanao del Sur is […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Mission impossible: Embracing the nuclear ‘explosion’

A nuclear “explosion” of sorts could be on the horizon for the Philippines – one which could ensure a sustainable, sufficient and clean source of electricity for future generations, or one which could put the country in a deep hole......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

NGCP, ECCP sign deal to advance renewable energy development

In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

NSC weighs in on China floating nuclear reactors

It will be a threat to Philippine national security if China pushes through with its reported plan to use floating nuclear power plants in the South China Sea, a national security official said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

Iran fires air defense batteries at Isfahan air base and nuclear site after drones spotted

Iran fires air defense batteries at Isfahan air base and nuclear site after drones spotted.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Putin: Sending Western troops to Ukraine risks global nuclear war

Putin: Sending Western troops to Ukraine risks global nuclear war.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 7

TOKYO -- Approximately 5.5 tons of water containing radioactive materials have leaked from equipment at Japan's Fukushima Daiichi nuclear power plant, local media reported Wednesday. At about 8:53 a.m. local time on Wednesday, workers discovered water leaking from the outlet of a device used to purify nuclear-contaminated water during the inspection of the equipment, Fukushima Central Television reported, citing.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 7

TOKYO -- Approximately 5.5 tons of water containing radioactive materials have leaked from equipment at Japan's Fukushima Daiichi nuclear power plant, local media reported Wednesday. At about 8:53 a.m. local time on Wednesday, workers discovered water leaking from the outlet of a device used to purify nuclear-contaminated water during the inspection of the equipment, Fukushima Central Television reported, citing.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Canada backs Philippines energy transition

Canada has committed to support the Philippines in its energy transition, particularly in diversifying into cleaner sources of power such as nuclear......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

DOE, DOST partner for R& D on renewable energy

The Department of Energy has partnered with the Department of Science and Technology for the conduct of renewable energy research and development ......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

ACEN, BrightNight partner anew for renewable energy

ACEN, the Ayala Group’s listed energy company, has partnered with US-based BrightNight for the development, construction and operation of an initial one gigawatt renewable energy portfolio in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

PVL All-Filipino off the wraps

Petro Gazz and Chery Tiggo launch their ambitious title campaigns as they tackle newbies Strong Group Athletics and Capital1 Solar Energy, respectively, today at the start of the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»

Category: sportsSource:  philstarRelated NewsFeb 20th, 2024

Petro Gazz, Chery Tiggo test newcomers in PVL All-Filipino opener

Petro Gazz and Chery Tiggo launch their ambitious title campaign as they tackle newbies Strong Group Athletics and Capital1 Solar Energy, respectively, on Tuesday at the start of the Premier Volleyball League All-Filipino Conference......»»

Category: sportsSource:  philstarRelated NewsFeb 19th, 2024

Negros Occidental allots P2-M for energy development initiatives

Negros Occidental allots P2-M for energy development initiatives.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Changing the nuke narratives

As the chairman of the House Special Committee on Nuclear Energy of the 19th Congress, Rep. Cojuangco shepherded the approval of HB 9293 and 9876......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Citicore Renewable Energy IPO scheduled for May 31

Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024