ACEN has secured financing for its wind project in India, marking another step in the company’s international expansion of renewable investments overseas.
MANUFACTURERS are tightening operations and focusing on cost control and continuity as global oil prices rise, with the Federation of Philippine Industries (FPI) backing the government’s declaration of a National Energy Emergency as a timely response to mounting pressures.
The Armed Forces of the Philippines (AFP) said Wednesday, March 25, that it placed troops on standby for possible deployment to protect key facilities and assist in logistics after President Marcos Jr. declared a State of National Energy Emergency.
The Department of Energy (DOE) is closely monitoring the supply of liquefied petroleum gas (LPG), which may only last up to 24 days.
PRESIDENT Ferdinand Marcos Jr. on Tuesday declared a state of national energy emer-gency, creating an “UPLIFT” committee to coordinate the government’s response to the fuel crisis and mitigate the impact of the Middle East conflict on the country.
The Department of Energy (DOE) is looking into advancing the delivery of about 300 megawatts (MW) of renewable energy (RE) capacity by April, which are scheduled to come online later this year.
The government could have worked much earlier on giving President Ferdinand Marcos Jr. the power to temporarily suspend or reduce fuel excise taxes amid the oil price surges, an energy lawyer said on Tuesday.
The Department of Energy (DOE) is preparing to spend up to PHP 20 billion to build a fuel buffer stock as part of efforts to secure supply amidst global oil market volatility.
The Philippines is expected to have a sufficient power supply in the second quarter of 2026, but underlying weaknesses in the grid mean the outlook remains manageable but fragile, with risks of alerts and supply tightness persisting, particularly in the Visayas, a group said Tuesday.
Replacing planned gas-fired power expansion in ASEAN with solar energy could reduce system costs by as much as USD 67 billion, according to a new analysis by energy think tank Ember, amid ongoing disruption in global LNG markets linked to tensions in the Gulf.