The Department of Energy (DOE) is requiring "indivisibility" or "no competing supply contract" for the capacity generation that qualified bidders will be offering in the government's Green Energy Auction Program (GEAP) slated this June 17. According to Energy Assistant Secretary Redentor Delola,
Commercial operations of the wholesale electricity spot market in Mindanao have been pushed back to coincide with the completion of the Mindanao-Visayas Interconnection Project within the first quarter, according to industry officials.
The Department of Energy (DOE) has admitted the inevitable possibility of “red alert” condition in the Luzon grid that could trigger rotational brownouts for consumers in the two weeks after the election period in May. In a presentation to the media, DOE Director Mario C. Marasigan noted that based
YELLOW and red alerts are possible this year, the Department of Energy (DOE) warned on Tuesday. “There are two potential red alerts and four yellow alerts,” said DOE-Electric Power Industry Management Bureau Director Mario Marasigan during an online briefing. However, the DOE official pointed out that culprit should the National Grid Corporation…
THE Department of Energy (DOE) has assured that the renewable energy market (REM) will be established ahead of the implementation of other policies meant to increase RE production and meet renewables targets. REM is the venue for the trading of renewable energy certificates equivalent to an amount of power generated…