Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Spotlight: DOE to hold two green energy auctions this year The Department of Energy (DOE) said it is preparing to conduct two green energy auctions (GEA) before the end of the year which targets RE technologies such as geothermal, pump-storage hydro, run-of-river hydro, and impounding hydro, with plans for another next year to include offshore wind energy. The DOE is also targeting holding a fourth round of GEA this year, which involves renewable energy technologies and energy storage systems. READ MORE: https://www.bworldonline.com/corporate/2024/07/11/607333/doe-to-hold-two-green-energy-auctions-this-year/ DOE says PH must not be compared with Indonesia, China in coal use In a statement, the DOE said the power generation mix of the Philippines cannot be directly compared with large economies like China and Indonesia because of differences in demographic, economic, and energy profiles. The DOE noted that according to the latest Global Energy Monitor Report, as of January 2024, China's coal power plant capacity is at 1,136.7 GW, and Indonesia's is at 51.6 GW. The Philippines, meanwhile, only has 12.1 GW. READ MORE: https://news.abs-cbn.com/business/2024/7/10/doe-says-ph-must-not-be-compared-with-indonesia-china-in-coal-use-1434 Image sources: BusinessWorld Online, ABS CBN News Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com and schedule your free consultation to begin your energy savings journey! 🔌