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With limited capacity to raise the prices of their products, alongside the intensive use of energy, local manufacturers have yet again raised concerns about their inability to manage energy shocks arising from high energy prices in an inflationary environment.
Manila-based climate and energy policy group Institute for Climate and Sustainable Cities has called on the government and banks to provide more lending opportunities for renewable energy investments in the country.
There are many factors that could influence the country’s path toward energy transition but leveling the playing field for all types of technology will ultimately tip the scale toward renewable energy.
THE Department of Energy (DOE) targets to issue in the third quarter of this year a new policy declaring all renewable energy (RE) plants as preferential dispatch units in the wholesale electricity spot market (WESM). During the second day of the 1st Renewable Energy and Energy Efficiency (REEE) Summit organized by the Meralco Power…