Php330B needed for Mindanao coal plant buyout
- November 1, 2021
The government will have to spend P330 billion for it to be able to buy out coal power plants in Mindanao, as part of the Philippines’ commitment to cut on carbon emissions
The government will have to spend P330 billion for it to be able to buy out coal power plants in Mindanao, as part of the Philippines’ commitment to cut on carbon emissions
Several congressmen have expressed support, as well as opposition to the extension of the Power Sector Assets and Liabilities Management Corporation’s (PSALM) corporate life. At a congressional hearing on Wednesday, House Committee
The Energy Regulatory Commission (ERC) has named at least eight power generation companies (gencos) facing penalties as their respective plants have gone over the maximum number of days of allowable forced outages
The Department of Finance (DOF) said it will seek funding sources and come up with programs aimed at attracting investments, as the country seeks to shift away from carbon-based power generation. Based
Upcoming hydroelectric projects in Mindanao will be up for evaluation soon, in line with efforts to balance the use of fossil fuel and renewable energy power sources, according to an official of