More lending pushed for RE investments [Philstar]

2022-09-13T09:31:26+08:0012 Sep 2022|Tags: , , , , , , , , , , |

Manila-based climate and energy policy group Institute for Climate and Sustainable Cities (ICSC) has called on the government and banks to provide more lending opportunities for renewable energy investments in the country. The total energy investment requirements indicated in the Philippine Energy Plan (PEP) for the next 20 years are estimated at $153 billion.

DOE, ICSC: More RE needed to sustain PHL energy needs

2022-09-05T15:19:54+08:0005 Sep 2022|Tags: , , , , , , , , , , |

Last August 31 to September 1, Manila-based climate and energy policy group Institute for Climate and Sustainable Cities (ICSC) participated in the World Clean Energy Conference Philippine Edition (WCEC PH) 2022. Held in official partnership with the Department of Energy (DOE), Global Zero Carbon Partnership, and Escom Events, WCEC PH 2022 was a venue for leading international experts, policymakers, scientists, engineers, technology developers, and business professionals to tackle pressing issues in the advancement of innovative sustainable energy sources and the achievement of the energy transition.

DOE firms up dispatch of RE plants in WESM

2022-04-08T16:00:07+08:0006 Apr 2022|Tags: , , , , , , , , , |

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 [...]

DOE, ICSC: RE, not baseload coal, will best address PHL energy needs

2022-04-07T17:20:55+08:0006 Apr 2022|Tags: , , , , , , , , , , , |

MANILA, 06 April 2022 – The Department of Energy (DOE) and the Manila-based policy group Institute for Climate and Sustainable Cities (ICSC) reiterated today that renewable energy sources – through flexible, distributed generation – best suit the power generation needs of the Philippines. “Renewable energy can definitely compete with coal. In the renewable space, you only [...]

Profiting from outages

2022-03-28T16:37:43+08:0026 Mar 2022|Tags: , , , , , , , , , |

Windfall earnings from spot market spikes go to a blessed few, while the public chafes under rising electric bills. by Atty. Pedro Maniego Jr. | March 26, 2022 | Published by BusinessMirror | READ THE STORY HERE POOR Filipinos. On top of their suffering from the pandemic, they have to cope with ever-increasing electricity prices. [...]