The Department of Energy (DOE) has cleared 11 bidders representing 14 potential projects for the Philippines’ special Green Energy Auction round for waste-to-energy (WTE), moving the program closer to its October auction.

THE government’s special green energy auction (GEA) round for waste-to-energy (WTE) projects has attracted 11 qualified bidders covering 14 projects, including firms linked to infrastructure groups led by Enrique K. Razon, Jr., Manuel V. Pangilinan, and Ramon S. Ang.

Saudi Arabia’s Aramco, one of the world’s largest petroleum and energy companies, is considering establishing an oil export hub in Bataan, the Department of Energy (DOE) said Monday.

The Asian Development Bank (ADB) has outlined the proposed USD 175-million Philippine Geothermal Resource De-Risking Facility, which is designed to reduce the exploration risks and costs that have held back new geothermal investment in the country as energy self-sufficiency could fall to 39% by 2040.

The Department of Energy (DOE) said the Philippines has about 53 days of available fuel supply as oil companies implement pump price increases of up to PHP 5.58 per liter for the week of September 8 to 14.

CALAMBA CITY, Laguna (PIA) — The Laguna Lake Development Authority (LLDA) has expressed strong support for President Ferdinand R. Marcos Jr.’s push for waste-to-energy (WTE) initiatives, saying the technology could provide a long-term solution to the country’s growing waste problem while helping prevent garbage from reaching Laguna de Bay.

The Philippine Economic Zone Authority (PEZA) and Razon-led Primelectric Holdings Inc. (PHI) are partnering to explore the development of electricity distribution systems within the agency’s economic zones.

MANILA, Philippines — The National Geothermal Association of the Philippines (NGAP) is pushing for changes to the pricing mechanism for geothermal projects following the poor turnout in the previous government auction.

The Energy Regulatory Commission (ERC) said transparent and evidence-based pricing as a key part of efforts to attract investment into the Philippines’ geothermal sector as the country seeks to expand renewable energy capacity.

The Energy Regulatory Commission (ERC) warned that its target to complete the rate reset of private distribution utilities and electric cooperatives by 2027 could be at risk unless part of its proposed budget is restored.