Energy & Mining
DOE identifies 9 bidders offering 428 MW for first waste-to-energy auction
The Department of Energy (DOE) has qualified nine potential bidders covering 12 projects under the country’s first Special Green Energy Auction for Waste-to-Energy (Special GEA-WTE), marking a high-turnout milestone that promises to bolster power supply while addressing local garbage management and flood control challenges.
Alternergy moves 64-MW Alabat wind farm into generation
Alternergy Holdings Corp. has started generating electricity from its 64-megawatt Alabat Wind Farm in Quezon Province, bringing the project closer to commercial operations and giving the renewable energy developer an early revenue stream ahead of full commissioning.
PCC warns MGen, PEMHI of heavier fines, possible loss of merger clearance
The Philippine Competition Commission (PCC) has warned MERALCO PowerGen Corp. (MGen) and Pilipinas Enterprise Management Holdings Inc. (PEMHI) that paying a P5.8-million penalty does not close the book on their merger compliance, with repeat violations potentially drawing heavier fines or even nullification of their conditional clearance.
DOE considers special GEA round to address El Niño impact
The Department of Energy (DOE) is exploring a special Green Energy Auction (GEA) round tailored to boost the country’s resilience against the severe effects of El Niño, Energy Secretary Sharon Garin confirmed on Monday. The proposed initiative would prioritize floating solar installations, which can also help reduce water loss from critical dams and reservoirs during periods of intense heat and drought.
Fifth‑Week Mixed Fuel Price Adjustments Loom: Gasoline Up, Diesel Down
Motorists, small businesses and households are bracing for a fifth consecutive week of split fuel price changes, with local fuel players projecting higher gasoline costs but cheaper diesel for the coming week. Leo Bellas, president of Jetti Petroleum, said Sunday that gasoline is seen rising by P2.00‑P2.20 per liter, while diesel may drop by P0.80‑P1.00 per liter. These estimated adjustments take into account the previous week’s Mean of Platts Singapore rates and average peso‑dollar exchange movements.
