Published January 13, 2021, 2:55 PM The Department of Energy (DOE) is reinvigorating the investment landscape so it can entice massive capital flow for P10 trillion worth of energy projects that had been cast under the updated Philippine Energy Plan (PEP). According to Michael Sinocruz, chief of the Planning Division of the Department of Energy (DOE), the targeted investments will also provide more than 600,000 jobs if the proposed and blueprinted ventures are concretized until the year 2040 timeframe. The array of investments to be cornered are greenfield and expansion power projects for both thermal and renewable energy (RE) capacities; power transmission and distribution facilities; oil and gas exploration and development ventures as well as investments in the downstream oil sector, biofuels and innovative technologies that will become part of the country’s energy future.