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BusinessWorld
January 31, 2021 | 7:38 pm
Angelica Y. Yang
THE Department of Energy (DoE) said it seeks to launch an auction for green energy suppliers by June to determine how much volume from renewable sources the market is willing to absorb.
The green energy auction is open to qualified renewable energy (RE) developers seeking to supply their output, and could allow consumers to access green electricity at potentially below-market prices.
âThe Department of Energy remains committed to its mandate under the Department Circular 2020-07-0017 (which that laid down the guidelines for conducting the green energy auction) and to launch as planned the first green energy auction by June this year,â Assistant Secretary Redentor E. Delola told