NGO says RE plants prone to fewer outages than coal-fired facilities
by Angelica Y. Yang | October 14, 2021 | Published by BusinessWorld | READ THE STORY HERE Non-government organization (NGO) Institute for Climate and Sustainable Cities (ICSC) said Thursday that renewable energy (RE) facilities are more reliable than coal-run plants, citing data on outages from the wholesale electricity spot market. In a virtual briefing, ICSC Energy Transition Advisor Alberto R. Dalusung III said solar, biomass and wind plants have historically registered fewer outage days compared to coal plants. The claim was based on an analysis of spot market data collected between 2017 and mid-June 2021, which tallied 41 outage days a [...]
China’s move vs coal seen to expedite PHL energy transition
by Angelica Yang | October 6, 2021 | Published by BusinessWorld | READ THE STORY HERE CHINA’S MOVE to stop building new coal plants abroad will likely speed up the Philippines’ energy transition away from coal and other inflexible baseload power generation projects, according to nongovernment organization Institute for Climate and Sustainable Cities (ICSC). Chinese President Xi Jinping last month announced that the country “will not build new coal-fired power projects abroad” while ramping up support for emerging nations to develop green and low-carbon projects. “We certainly expect Xi’s announcement to further accelerate the energy transition in the Philippines. [...]
ERC urged to disallow automatic pass-through fuel costs in power deals
by Angelica Yang | August 23, 2021 | Published by BusinessWorld | READ THE STORY HERE THE ENERGY Regulatory Commission (ERC) needs to remove the pass-through fuel cost provisions in power purchase agreements (PPAs) to ensure the least cost for consumers, according to a UK-funded report on the Philippines’ energy transition. “It would be prudent for the ERC to implement mandatory fixed prices for PPAs by removing the automatic (fuel) pass-through,” according to the findings of the report, Analyzing Energy Transition Risks in the Philippine Power Sector. “Eliminating the pass-through for imported fuel costs avoids the ups and downs [...]