Shifting to RE generates significant savings – companies
QUEZON CITY, November 14, 2022 – Businesses and companies in the Philippines weighed in on the savings and positive impacts on the private sector brought by renewable energy through the Department of Energy’s Green Energy Option Program (GEOP), in the first of three webinars of the “Pilipinas: Aspire, Rise, Sustain” series last Friday. The series, which is certified by the Securities and Exchange Commission (SEC), is hosted annually by the Institute of Corporate Directors (ICD), in partnership with the Institute for Climate and Sustainable Cities (ICSC) and The Climate Reality Project Philippines. The first webinar focused on GEOP, a policy [...]
ELEVENTH HOUR: Driving the clean energy transition through the Green Energy Option Program
The Department of Energy’s (DOE) Green Energy Option Program (GEOP) empowers business enterprises to save electricity costs while driving the country’s clean energy transition. This was the key takeaway of advocates during the first run of “REalTalk: A Communications and Movement Building Workshop on Renewable Energy” held this month.
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 [...]
Toyota, leading PH companies call gov’t to speed up energy transition
ICSC supports call for immediate roll out of renewable options program Toyota Motor Philippines, the largest automotive company in the country, has called for the implementation of competition policies that will help establish a renewable energy-powered economy faster and sooner in an online press conference today. In a joint statement with AC Energy, First Gen Corporation, SN Aboitiz Power Group, and other leading companies in the country, Toyota Motor Philippines called on the Philippine government to accelerate the clean energy transition: “Full and rapid implementation of the Green Energy Option Program (GEOP) signals that the Philippines has a clear long-term [...]
Sec. Cusi bats for GEOP to push PH clean energy scenario
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 Renewable Energy (RE) and Energy Efficiency & Conservation (EE&C) to achieve energy security. GEOP is a RE policy mechanism that provides end-users the option to choose RE resources as their source of energy. GEOP as a non-fiscal incentive mechanism under Section 9, Chapter Ill [...]