Published February 24, 2021, 7:30 AM The Department of Energy’s (DOE) plan to increase the biodiesel blend to 5.0 percent by volume (B5) this year is seen to translate to P13 billion in foreign exchange (forex) savings for the Philippines. The Philippine Coconut Authority (PCA), the industry regulating body which shares a seat with DOE in the country’s National Biodiesel Board (NBB), project the savings based on diesel oil importation costs. MB FILE-A coconut plantation in Malvar, Batangas. (KJ ROSALES) | mb.com.ph Biodiesel advocates, such as The Philippine Biodiesel Association, say that savings from B5 will also be felt by motorists.