Energy
DOE targets 1,200 MW nuclear energy capacity by 2032
The Department of Energy (DOE) expressed optimism on Wednesday of commercially operating nuclear power plants by 2032, initially generating at least 1,200 megawatts and gradually increasing to 4,800 MW by 2050.
$250 million eyed as derisking fund in geothermal exploration
The Department of Energy (DOE) said as much as $250 million could be raised by the Asian Development Bank as a derisking component of a fund proposed to benefit geothermal power developers.
Former DOJ official now chairs ERC as officer-in-charge
The Energy Regulatory Commission (ERC) on Wednesday welcomed a new chairman, Jesse Hermogenes Andres, a former Department of Justice (DOJ) undersecretary, as officer-in-charge (OIC) of the regulatory body.
NGCP seeking ERC nod on the P90-B Batangas-Mindoro interconnection project
The National Grid Corporation of the Philippines (NGCP) has sought Energy Regulatory Commission (ERC) approval to develop the 500-kiloVolt Batangas-Mindoro interconnection and backbone project (BMIBP).
Renewable energy developers welcome port repurpose for OSW farms
Renewable energy developer PetroGreen Energy Corp. and its partners on Wednesday highlighted the importance of the ongoing redesign of port facilities in key areas of the country to accommodate the entry of offshore wind (OSW) farms.
