Owning the sun

2020-09-21T19:20:22+08:0019 Sep 2020|Tags: , , , , , , , , , , , , |

Lifting the 60/40 equity yoke on Renewable Energy investments, as advocated by DOE Secretary Alfonso G. Cusi, sparks an interesting debate on the ownership limits for RE. By Pedro Maniego Jr. | Published in Business Mirror - September 19, 2020 I’M looking at allowing 100-percent investment or ownership in renewables.” Energy Secretary Alfonso [...]

Energy experts, DOE to discuss future-proofing the Philippine energy market in Aug. 24 press briefing

2020-08-21T15:16:03+08:0021 Aug 2020|Tags: , , , , , , , , |

CONTACT: AC Dimatatac, ICSC Media Coordinator: +63 998 5469788, media@icsc.ngo WHAT: Online press briefing on the current status of the Philippine energy transition and future-proofing the energy market amid the COVID-19 crisis, in line with the opinion piece published in BusinessMirror last August 15, authored by Sara Jane Ahmed and Alberto Dalusung III [...]

Is DOE at the tip of the energy transition spear?

2020-08-17T18:13:33+08:0015 Aug 2020|Tags: , , , , , , , , |

Published in Business Mirror, 15 August 2020 by Sara Jane Ahmed & Alberto Dalusung III IN recent days, the country’s energy sector has been abuzz with talk from the energy managers of a drive to accelerate indigenous energy development. This is driven by the experience of the real fears of imported fuel supply insecurity for the [...]

ICSC hails bicam approval of coal tax hike

2019-03-07T12:12:00+08:0012 Dec 2017|Tags: , , , |

REACTIVE MANILA, 12 December 2017 — The bicameral conference committee agreed yesterday to increase the coal excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) bill, from its current rate of ten pesos (P10) per metric ton to P50 up to P150 per metric ton over the next three years. Reacting to the development, [...]

Policy group backs Senate’s P0.10/kg coal tax hike proposal for TRAIN

2019-03-07T12:46:50+08:0005 Dec 2017|Tags: , , , , , |

MANILA, 5 December 2017 – The Institute for Climate and Sustainable Cities (ICSC) today called on Congress to adopt the former’s proposed coal tax hike of P0.10 per kilogram in the bicameral conference committee for the tax reform bill. The Senate and House of Representatives are expected to tackle today the increase in the excise tax [...]

$21B worth of coal plants in the Philippines face imminent stranding – report

2019-03-07T13:12:38+08:0012 Oct 2017|Tags: , , , , |

PRESS RELEASE MANILA, 12 October 2017 – The Philippine’s financial sector is massively exposed to the imminent stranding of proposed coal plants in the country, which amount to over 10,000 megawatts or US$21 billion (PHP1.05 trillion at PHP50 to US$1), according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) [...]