#energy

The subsidies covered under these charges include the Senior Citizens discount, Lifeline Rate for 4Ps beneficiaries, Feed-in Tariff Allowance, and Green Energy Auction Allowance. According to the company, these mechanisms are designed to support vulnerable sectors and help fund the country’s transition to cleaner energy sources. Among other reasons, the IEMOP attributed the increase in energy demand from the relaxing of Covid-related restrictions. As of 2020, the largest sources of power generation in the Philippines according to the Department of Energy (DOE) are as follows: coal (58.2 percent), natural gas (19.5 percent), geothermal (10.8 percent), hydroelectric (7.2 percent), and oil (2.5 percent). For its part, the Philippine Electricity Market Corporation (PEMC) has called for harnessing renewable energy sources to decrease dependence on conventional power sources such as coal. “Institutionalizing effective strategies is imperative for us to fully harness the benefits of these RE resources, which include energy prices and supply stability to power up the Philippine economy in the new normal,” said PEMC President Leonido Pulido III. (LKI) urged the Energy Regulatory Commission (ERC) to probe recent unplanned plant outages. The NGCP said the plants that experienced unplanned outages were Unit 1 of the GN Power Dinginin plant, Unit 2 of South Luzon Thermal Energy, Units 2, 3, 4 of Southwest Luzon Power, Unit 2 of Calaca power plant, and Kalayaan power plant. Read more in our articles including "Meralco clarifies pass-through charges amid criticism online" and "Luzon peak energy demand exceeds pre-pandemic level, blackouts possible by May".