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…
Tag: Secretary Cusi
Cusi to halt FiT scheme for solar power plants
THE second round of feed-in-tariff (FiT) rates for solar energy will be the last, Energy Secretary Alfonso G. Cusi said, noting that the monthly “allowance” collected from consumers to pay for solar projects has become a burden. “That’s enough of the FiT for solar,” he said, when asked whether the Department of Energy (DoE) will…
DOE bats for flexible power generation mix
The Department of Energy (DOE) is batting for a flexible energy mix based on the country’s power requirements to foster competition as well as maintain an adequate and reliable electricity supply. Energy Secretary Alfonso Cusi said the agency has formed an energy mix comprising of 70 percent baseload, 20 percent mid-merit and 10 percent peaking,…
Cusi outlines Philippines LNG roadmap in Japan forum
Energy Secretary Alfonso Cusi has outlined the country’s liquefied natural gas (LNG) roadmap to Japanese investors to encourage investments in the sector. Cusi, who is currently in Japan to attend the LNG Producer-Consumer Conference 2016, encouraged the international community to tighten partnerships in further developing and promoting the LNG industry, especially in the Philippines. “As…
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: 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…
DOE, PSME sign pact to conduct audit of power facilities
The Department of Energy (DOE) and the Philippine Society of Mechanical Engineers (PSME) signed a memorandum of agreement (MOA) to boost the DOE’s technical audit of the country’s generation, transmission, and distribution facilities. The MOA was signed August 25 at the Energy department’s Central Office in Taguig City, the DOE said in a statement Saturday….
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