Liquefied natural gas: A dirty, costly detour [PCIJ]
Residing in the coastal village of Sta. Clara in Batangas City for three generations, the Mendozas witnessed how a community once lined with aroma and talisay trees had turned into a marshy area now cornered by gas facilities. Located only a few hundred meters away from their home are the Avion, Sta. Rita, San Lorenzo, and San Gabriel natural gas-fired power plants.
LNG terminals seen to pose threat to PHL energy security [BusinessWorld]
THE government’s approval of more terminals for imported liquefied natural gas (LNG) may have worsened the country’s looming power crisis, according to organizations focused on the energy sector. “Taking a broader perspective will address the level of dependence we may be placing on LNG given its volatile fuel prices,” said Alberto R. Dalusung III, energy transition advisor of Manila-based policy group Institute for Climate and Sustainable Cities, in a Viber message.
US ties up with Lopez-led EDC to study geothermal potential [BusinessWorld]
A UNITED States agency is providing Lopez-led Energy Development Corp. (EDC) a grant of $413,120 to do a feasibility study for the development of a geothermal power plant in Mindanao. In a press release published on its website, the United States Trade and Development Agency (USTDA) said it launched along with US Vice President Kamala Harris the grant — valued at P23.56 million in the local currency — to study the geothermal potential of the southern island’s Amacan area.
RE share of 80% seen needed for PHL to become Paris-compliant [BusinessWorld]
THE Philippines can only comply with its Paris climate commitments with an 80% share of renewable energy (RE) in its power mix by 2030, an energy think tank said.
NO BASIS FOR PETITION: ERC rejects rate hike sought by Meralco, SMC power subsidiaries [Inquirer]
The Energy Regulatory Commission (ERC) has denied the joint petition of Manila Electric Co. (Meralco) and listed conglomerate San Miguel Corp. (SMC) for higher power rates. Meralco and electricity suppliers South Premiere Power Corp. (SPPC) and San Miguel Energy Corp. (SMEC), both owned by SMC, earlier filed the petition as a temporary relief measure to cushion the impact of skyrocketing coal and fuel prices caused by the Russia-Ukraine war.