Stay informed of the latest happenings and headlines in the Philippine Power Industry with…
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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: 𝐌𝐨𝐫𝐚𝐭𝐨𝐫𝐢𝐮𝐦 𝐨𝐧 𝐜𝐨𝐚𝐥 𝐩𝐥𝐚𝐧𝐭 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐭𝐨 𝐬𝐭𝐚𝐲 - 𝐃𝐎𝐄 The Department of Energy (DOE) is maintaining a moratorium on the development of greenfield coal-fired power plants even as most hydropower plants are currently running on derated capacities, resulting in insufficient power supply affecting the main grids. Energy Secretary Raphael P.M. Lotilla said the DOE sees no reason to lift the moratorium for now as more than 4,000 MW of power supply is expected to boost the country’s overall supply. READ MORE: https://www.bworldonline.com/top-stories/2024/04/26/591072/coal-plant-moratorium-to-stay-doe/ 𝐒𝐞𝐧𝐚𝐭𝐨𝐫𝐬 𝐬𝐞𝐞𝐤 𝐩𝐫𝐨𝐛𝐞, 𝐩𝐞𝐧𝐚𝐥𝐭𝐲 𝐟𝐨𝐫 ‘𝐮𝐧𝐣𝐮𝐬𝐭𝐢𝐟𝐢𝐞𝐝’ 𝐩𝐨𝐰𝐞𝐫 𝐨𝐮𝐭𝐚𝐠𝐞𝐬 Senators are now taking steps to investigate and possibly penalize those responsible for the thinning of power supply nationwide. This has been spearheaded by Senator Gatchalian, Senator Escudero, and Senator Hontiveros. All regions—Luzon, Visayas, and Mindanao—were placed under red or yellow alerts last Wednesday by the National Grid Corp. of the Philippines (NGCP). READ MORE: https://business.inquirer.net/456125/more-senators-seek-probe-penalty-for-unjustified-power-outages Image sources: BusinessWorld Online, Inquirer.net 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 to begin your energy savings journey! 🔌
