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Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages

Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

Early retirement of coal plants to significantly cut CO2 emissions

The early retirement of coal supply agreements in the Philippines is expected to significantly reduce carbon dioxide emissions, aligning the country with the objectives of the Paris Agreement......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

NEDA’s bid to scrap telcos’ congressional franchise requirement opposed

The head of the 28-member minority bloc in the House of Representatives has opposed a proposal of the National Economic and Development Authority to scrap the legislative franchise requirement for telecommunications companies......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Energy policy failure

The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Germany spending billions to replace nuclear power

The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

EU s largest economy spending billions to replace nuclear power

Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

Bangsamoro dangles coal, oil investments

The Department of Energy is bidding out four pre-determined areas or coal and petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (B.....»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Envi group raises concern over Aboitiz coal expansion in Cebu

Envi group raises concern over Aboitiz coal expansion in Cebu.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Philippines urged to tighten emission standards to protect public health

The government should tighten “outdated” emission standards for sources of air pollution, including coal-fired power plants, to safeguard public health and the environment, a group said on Tuesday......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

San Miguel to scrap P100-B Pasig River tollway?

SMC said that this is in response to the “prevailing sentiment expressed by the public on the Project”......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Alerts raised on Visayas, Luzon grids due to power woes

MANILA, Philippines — The Visayas grid was placed on yellow alert while the Luzon grid on red alert by the National Grid Corp. of the Philippines (NGCP) on Tuesday, April 16. This was after 42 power plants either stopped supplying electricity or reduced their output. When power supply is insufficient to meet consumer demand then.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Semirara income drops 30% to P27.9 billion

Lower prices of coal and power rates dragged the net income of Semirara Mining and Power Corp. by 30 percent to P27.9 billion in 2023 from P39.9 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

NGCP not solely to blame for Panay blackout – Chiz

The National Grid Corp. of the Philippines is not solely to blame for the Panay power outage, Sen. Francis Escudero said, adding that power plants also failed in ensuring the island’s power supply......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

MCWD: Digging permit requests pending before City Hall; Rosell: What requests?

MCWD: Digging permit requests pending before City Hall; Rosell: What requests?.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Canadian national with pending case nabbed inside Immigration office in Bohol

Canadian national with pending case nabbed inside Immigration office in Bohol.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

‘NOW plea to nullify NTC circular still pending before CA’

The petition of NOW Telecom Co. Inc. to have the National Telecommunications Commission bidding guidelines for the entry of a new major player in the telco industry declared unconstitutional is still pending before the Court of Appeals, the company said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

LEDAC delay won’t affect pending reforms, says Recto

The cancelled convening of the Legislative-Executive Development Advisory Council (LEDAC) due to conflict among lawmakers will not affect pending reform measures, Finance Secretary Ralph Recto said......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Miguel pasok bilang bagong runner, Ruru ligwak

RATED Rni Rommel Gonzales TAMA ang hula namin na si Miguel Tanfelix ang bagong runner para sa Season 2 ng Running Man Philippines. Nasa South Korea na si Miguel kasama ang original runners na sina Angel Guardian, Buboy Villar, Glaiza De Castro, Kokoy de Santos, Lexi Gonzales, at Mikael Daez. Ipinalabas ang VTR ni Miguel sa Fast talk With Boy Abunda na ….....»»

Category: sportsSource:  abscbnRelated NewsJan 25th, 2024

San Miguel, Meralco, Aboitiz Power to team up on P185-B LNG facility

Three of the country’s wealthiest and most influential players in the power industry will team up to develop an integrated liquefied natural gas power plant in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024