ICSC praises efforts to stave off power interruptions during 2022 elections
QUEZON CITY, May 6, 2022 – The Institute for Climate and Sustainable Cities (ICSC), a climate and energy group, lauds the concerted efforts of the Department of Energy (DOE), National Grid Corporation of the Philippines (NGCP), Philippine Electricity Market Corporation (PEMC), power producers, Meralco and other utilities, large end-users, business groups, and the general public in ensuring sufficient power supply during the election period. Barring simultaneous unplanned outages of large base-load plants, these initiatives should enable the country to have a smooth election process from start to finish. “We are glad to see the energy sector is taking action to [...]
Asia’s bet on gas looks increasingly risky
The region’s bloated pipeline of gas projects could lock in decades of high emissions, but recent price volatility may soon force a rethink by Chloé Farand | April 19, 2022| Published by China Dialogue | READ THE STORY HERE Across Asia, there are plans for more than 285 gigawatts of new gas-fired power plants, an expansion that would nearly double the region’s gas power capacity, according to Global Energy Monitor. Southeast Asian countries are planning about half of the additional capacity in response to an expected surge in post-pandemic demand, while dwindling domestic gas production [...]
[ANC] Power Play: Developing Renewable Energy Solutions for the Philippines
ANC NEWS | April 13, 2022 Financial Futures Center founder and V20 Group finance advisor Sara Jane Ahmed and speakers from the Department of Energy Philippines, ACEN, Solar Philippines, Citicore Power, and BDO Capital discussed the current and future energy landscape of the country on ANC 24/7's webinar entitled "Power Play: Developing Renewable Energy Solutions for the Philippines." ICSC energy transition advisor Alberto Dalusung III was also featured in the webinar through a pre-recorded interview. Watch the full video: https://youtu.be/bKD3WpXrK88
DOE firms up dispatch of RE plants in WESM
by Lenie Lectura | April 06, 2022| Published by Business Mirror | READ THE STORY HERE 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 Academy, DOE Renewable Energy Management Bureau (REMB) Director Mylene Capongcol said the agency is currently studying and pushing for this. At least two public consultations, in fact, were already [...]
DOE, ICSC: RE, not baseload coal, will best address PHL energy needs
MANILA, 06 April 2022 – The Department of Energy (DOE) and the Manila-based policy group Institute for Climate and Sustainable Cities (ICSC) reiterated today that renewable energy sources – through flexible, distributed generation – best suit the power generation needs of the Philippines. “Renewable energy can definitely compete with coal. In the renewable space, you only pay for the cost of developing, and naturally, the supply is available for use. This is why the DOE is looking for strategies to buy down the cost of RE in the country, not just in the investment side but also for the consumers,” [...]