Solar power lightens load for Filipinos
by Prime Sarmiento | June 17, 2022 | Published by China Daily | READ THE STORY HERE Analysts look to Beijing cooperation in Philippines' low-carbon transition It was his eye-popping electricity bill that pushed Filipino entrepreneur Wendell Adrian Tamayo to look for a cheaper source of energy. Tamayo dug up a research paper on renewable energy he did in his previous job at a government agency. Then, with further research, using a portion of his back garden as a makeshift laboratory, he tapped a free and clean energy source for his home: The sun. Tamayo's success using solar [...]
Asia’s bet on gas looks increasingly risky
The region’s bloated pipeline of gas projects could lock in decades of high emissions, but recent price volatility may soon force a rethink by Chloé Farand | April 19, 2022| Published by China Dialogue | READ THE STORY HERE Across Asia, there are plans for more than 285 gigawatts of new gas-fired power plants, an expansion that would nearly double the region’s gas power capacity, according to Global Energy Monitor. Southeast Asian countries are planning about half of the additional capacity in response to an expected surge in post-pandemic demand, while dwindling domestic gas production [...]
Rapid PHL energy transition best for faster economic recovery – private sector
MAKATI, 29 October 2021 -- Corporate directors stress the urgency to fast track the energy transition in the country, heeding the Code Red warning issued by the Intergovernmental Panel on Climate Change (IPCC) earlier this year. “Evidence clearly shows even before the pandemic that coal has been intermittent and unreliable. As households and the private sector struggle with the economic impacts of COVID-19, data also shows coal is the reason behind spiking electricity bills and rotating blackouts. Continuing with coal is Code Red for businesses,” said Jephraim Manansala, chief data scientist of the Institute for Climate and Sustainable Cities (ICSC), [...]
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 [...]
Experts back DOE, Meralco lead in energy transition
MANILA, 24 August 2020 – Energy policy experts today affirmed an energy transition is well underway in the Philippines, thanks to bold moves from the Department of Energy (DOE) and the country's largest utility, Meralco. "Debates on pandemic-related power bills are far from resolved but we also believe it's important to share our view that power sector managers have been making the right moves to protect consumer interests for the long haul," said Alberto Dalusung III, energy transition advisor of the Institute for Climate and Sustainable Cities or ICSC at an online briefing held today. "At a time when the [...]