China’s move vs coal seen to expedite PHL energy transition

2021-10-07T15:16:02+08:0006 Oct 2021|Tags: , , , , , , , |

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 [...]

Philippines needs to address policy gap for financing RE debts

2021-08-25T14:19:49+08:0023 Aug 2021|Tags: , , , , , , , |

by Danessa Rivera | August 23, 2021 | Published by Philstar.com | READ THE STORY HERE MANILA, Philippines — The Philippines needs to address the policy gap for financing renewable energy (RE) developments to be able to reach its clean energy capacity and energy transition targets as this gap has kept projects from getting to shovel [...]

ICSC calls for coherence, sustainability of PH climate action

2021-07-22T18:10:15+08:0022 Jul 2021|Tags: , , , , , , , , , , , , |

NGO also lauds DOE, DoTr leadership ahead of SONA MANILA, 22 July 2021 -- As build-up to President Rodrigo Duterte’s sixth and final State of the Nation Address (SONA) next week, the Cabinet cluster on climate change today outlined the administration’s legacy on climate action, disaster risk reduction, and renewable energy. Reacting to the pre-SONA [...]

Averting the perennial power crisis

2021-06-30T12:41:47+08:0030 Jun 2021|Tags: , , , , , , , |

by Pete H. Maniego | June 29, 2021| Published by Inquirer.net | READ THE STORY HERE Recent brownouts have worsened the suffering of everyone cooped up because of the pandemic. No fans or aircon, no TV or cable, no social media to relieve the monotony. Even the country’s pandemic response is at risk, [...]

Power scarcity during times of low demand

2021-05-17T18:00:25+08:0014 May 2021|Tags: , , , , , |

by Pedro Maniego Jr.  |  May 13 2021, BusinessMirror  | Read the article here Power demand during the lockdown last year declined by around 30 percent in Luzon and was estimated to fall by 5 percent for the entire 2020. With the imposition of another lockdown since last month, electricity demand for this quarter is [...]

Sec. Cusi bats for GEOP to push PH clean energy scenario

2021-03-10T14:02:29+08:0010 Mar 2021|Tags: , , , , , , |

Press release and photos reposted from the Department of Energy Philippines website. TAGUIG CITY – Energy Chief Alfonso G. Cusi on Monday (8 March), invited the participants in the Conference of Parties (COP) 26 Energy Transition Council (ETC) National Dialogue to avail the government’s Green Energy Option Program (GEOP), as the Department of Energy (DOE) promotes [...]

ICSC lauds higher ambition in draft climate plan (Current draft proposes 75% reduction in emission)

2021-02-03T15:22:17+08:0003 Feb 2021|Tags: , , , , , |

3 FEBRUARY 2021, Quezon City – The Department of Finance (DOF) and Climate Change Commission (CCC) today organized a public consultation on the Philippines’ climate action plan, or Nationally Determined Contribution (NDC) to the Paris Agreement. The latest draft NDC would see the country committing to reduce emissions by 75 percent, 2.33 percent of which [...]

Diokno, Legarda tell executives to factor in climate risk in corporate strategy

2020-10-30T15:13:02+08:0030 Oct 2020|Tags: , , , , , , , , , , , , |

MAKATI CITY, 30 October 2020 -- Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno and House deputy speaker Loren Legarda challenged executives to integrate the physical and transition risks brought about by climate change in their planning and decision-making. “The financial sector holds a unique position in advancing the sustainability agenda. We cannot leave climate [...]

ICSC lauds DOE moratorium on new coal plants

2020-10-28T15:17:55+08:0028 Oct 2020|Tags: , , , , , , , |

28 October 2020 — The Institute for Climate and Sustainable Cities applauds and fully supports Department of Energy (DOE) Secretary Alfonso Cusi’s announcement yesterday of a moratorium on new coal plants. Atty. Pedro H. Maniego Jr., senior policy advisor of the Institute for Climate and Sustainable Cities, chairman of the Energy Lawyers Association of the Philippines, [...]

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 [...]