The Department of Energy (DOE) is signing a deal with China’s National Energy Administration (NEA) this week to firm up collaboration in strengthening the Philippine power industry, Energy Secretary Alfonso Cusi said. The energy chief will meet with NEA’s deputy minister and the minister of trade from China this week. The meeting was scheduled for…
Tag: Alfonso Cusi
Energy department, PEZA sign deal to make power cheaper for locators
THE Department of Energy (DoE) and the Philippine Economic Zone Authority (PEZA) have agreed to hasten the development of regional economic zones by coming up with measures that will ease doing business in the country, including cheaper power rates. In a statement over the weekend, DoE Secretary Alfonso G. Cusi said a memorandum of understanding…
Energy dept vows to uphold consumers’ power of choice
The Department of Energy DOE has committed to uphold consumers’ power of choice following a Supreme Court order temporarily halting the implementation of the retail competition and open access. The agency is duty-bound to implement the law and uphold the freedom of choice to promote market competition, Energy Secretary Alfonso Cusi said. The provisions in…
Power cost seen rising next year due to FIT-All
Consumers will pay for higher power rates next year, or once the Energy Regulatory Commission approves the “close to P0.23 per kilowatt-hour” feed-in tariff application of National Transmission Corp. TransCo is set to file its feed-in tariff allowance application to the ERC next week. Energy Secretary Alfonso Cusi, who sits on the TransCo board, told…
Honoring Malampaya contract signals predictability, consistency – Cusi
Honoring the contract of the Malampaya gas project in Northwest Palawan will bode well for the upstream oil and gas industry as it signals predictability and consistency in government policies, officials said yesterday. In the EU-Philippines Business Summit yesterday, Department of Energy (DOE) Secretary Alfonso Cusi said the agency has strongly affirmed its position that…
DOE eyes creation of ‘energy city’
The Department of Energy plans to create an “energy city” in Batangas to be composed of liquefied natural gas (LNG) facilities. This will serve as a back up plan to whatever may happen with the Malampaya deepwater-to-gas project off Palawan. Energy Secretary Alfonso G. Cusi said on the sidelines of a Senate hearing Tuesday that…
DOE rolls out plan for LNG terminal
The Departmenty of Energy plans to spearhead the establishment of a liquified natural gas (LNG) terminal, whether the Malampaya deep water gas-to-power project gets extended or not, to ensure continued supply in the country. The DOE will put up a LNG terminal to ensure LNG supply in the country, Energy Secretary Alfonso Cusi said in…
DOE: Nat’l consensus needed to reopen Bataan Nuclear Power Plant
The Department of Energy (DOE) said the government needs to get the people’s approval before the controversial Bataan Nuclear Power Plant could be opened. “So with the directives of the Secretary [Alfonso Cusi], there is no clear direction on reopening the Bataan Nuclear Power Plant. It has to be subjected or submitted to national consensus,”…
COA ruling on Malampaya tax dispute merits DOE review
The Department of Energy (DOE) is studying options on how to go about the Commission on Audit’s ruling on the P53.14-billion tax dispute of the consortium operating the Malampaya deep water gas-to-power project. COA wrote the DOE to ask its position on the tax dispute, Energy Secretary Alfonso Cusi said in an interview after the…
Nuclear policy still a long way to go – experts
The Philippines still has a long way to go in forming a nuclear energy policy as it requires government commitment and public awareness and participation, said Energy Secretary Alfonso Cusi. In closing the nuclear energy conference Thursday, he said a lot of work needs to be done before the country can draft its own nuclear…
Forecast for power demand raised to 30,189 MW
THE DEPARTMENT of Energy (DoE) expects the country’s demand for electricity in 2030 to reach 30,189 megawatts (MW), or nearly 70% more than the current dependable capacity being supplied by the country’s existing power plants. “From here on until 2030, we will be needing something like 30,000 megawatts,” Energy Secretary Alfonso G. Cusi told reporters…
Bataan nuclear plant repair, operation to cost less than $1B
THE REPAIR and possible commercial run of the Bataan nuclear plant could cost lower than the initial estimate of $1 billion and could attract funds other than those coming from the government, proponents of nuclear energy for the country said on Friday. “Sa pera (For the money)…there will be a lot of funders. A lot…
Winnergy Holdings Corp. 