MANILA – The National Grid Corporation of the Philippines (NGCP) said power transmission services in parts of Albay and Camarines Sur provinces are now restored.

THE Department of Energy (DoE) said it plans to offer 4,475 megawatts (MW) worth of renewable energy (RE) capacity in the third round of the green energy auction (GEA-3).

The Department of Energy (DOE) said Thursday it issued the notice of auction (NOA) and terms of reference (TOR) for the third round of the Green Energy Auction (GEA-3) which aims to accelerate the country’s transition to renewable energy.

THE National Grid Corp. of the Philippines (NGCP) said it is allocating more than P600 billion in capital expenditure (capex) for over 100 transmission projects in its pipeline.

The Department of Energy is in talks with the Maharlika Investment Fund, the Philippines’ first sovereign wealth fund, to invest in or finance nuclear power projects.

Accelerating the development of indigenous resources will address the energy trilemma of sustainability, security, and affordability, Prime Energy said, adding that natural gas is more than just a transition fuel, but a transformative one.

The Department of Energy (DOE) approved four new renewable energy (RE) projects for system impact studies (SIS) in October.

The governments of Canada and France have expressed their interest in providing support and expertise to help boost the Philippines’ nuclear energy ambitions.

To accelerate the transition to nuclear energy in the Philippines, expanding scholarships for nuclear education is a key step in promoting the growth of alternative power sources.

Senate Deputy Minority Leader Risa Hontiveros warned on Thursday that Senate Bill No. 2793, or the Philippine Natural Gas Industry Development Act, could weaken consumer protections and anti-monopoly safeguards in the energy sector.