A ranking Department of Energy official is proposing to temporarily increase the lifeline subsidy mechanics and empower electric cooperatives to put up their own generating plants to lower the cost of electricity, and the suspension of the Biofuels Act of 2006 to mitigate rising fuel prices.
The Department of Energy has cleared the plan of Service Contract 14 consortium to surrender the license areas in northwest Palawan after 40 years of production.
Philippine president-elect Ferdinand Marcos signalled his determination to adopt nuclear power Monday, holding talks with South Korea's envoy on possibly reviving a mothballed $2.2 billion plant built during his father's dictatorship.