Regulator says power distributors need to tap more renewable energy to meet 2040 target bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
CLIMATE JUSTICE: Energy Secretary Alfonso G. Cusi calls for climate justice in the Philippine energy sector during his presentation yesterday (March 8) at the virtual Conference of Parties (COP) 26 Energy Transition Council National Dialogue.
TAGUIG CITY, Mar. 10 Energy Chief Alfonso G. Cusi on Monday (8 March), invited the participants in the Conference of Parties (COP) 26 Energy Transition Council (ETC) National Dialogue to avail the government’s Green Energy Option Program (GEOP), as the Department of Energy (DOE) promotes Renewable Energy (RE) and Energy Efficiency & Conservation (EE&C) to achieve energy security.
GEOP is a RE policy mechanism that provides end-users the option to choose RE resources as their source of energy. GEOP as a non-fiscal incentive mechanism under Section 9, Chapter Ill of Republic Act 9513 or the Philippine RE Act of 2008 ( An Act Promoting the Development, Utilization and Commercialization of Renewable Energy Resources and for Other Purposes ).
BusinessWorld
February 14, 2021 | 6:29 pm
THE Department of Energy has set new renewable energy (RE) targets in its latest version of the National Renewable Energy Program (NREP), with RE expected to account for more than half of the Philippines’ power mix by 2040, officials said.
“[The updated NREP proposes RE targets of] 55.8% by 2040, and 37.3% by 2030” in terms of overall share of power generated, Senator Sherwin T. Gatchalian, who chairs the Senate Committee on Energy, told
BusinessWorld in a video call over the weekend.
Mr. Gatchalian said he learned about the new targets in a Friday briefing with officials overseeing the NREP, noting that the ultimate targets are subject to public consultation to be conducted “soon.”
January 4, 2021 | 12:05 am Font Size
AAA
COMPANIES that are looking forward to a guaranteed rate for power generated from ocean energy resources will have to wait longer as the Energy Regulatory Commission (ERC) denied the feed-in tariff (FiT) proposed by the National Renewable Energy Board (NREB).
In a press release on Sunday, the regulator said that the deferred petition asked for a FiT rate based on ocean thermal energy conversion (OTEC), a process that produces electricity through the temperature difference between cold deepwater and warm surface water.
The ERC did not give the exact rate proposed by NREB, the panel that advises the Department of Energy (DoE) on matters relating to renewables.
DOE prepares for green energy auction in June manilastandardtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilastandardtoday.com Daily Mail and Mail on Sunday newspapers.