A newly issued Department of Energy circular has widened the coverage of renewable energy capacities included in the ‘priority and must dispatch’ protocols in the Wholesale Electricity Spot Market.
The DOE explained that the scope of the policy had been broadened because when “priority dispatch” and “must dispatch” were first enforced in 2015, during the term of former Energy Secretary Carlos Jericho Petilla, the covered RE capacities were only those that had been qualified under the feed-in-tariff incentive scheme of the government.
Energy Secretary Raphael P. M. Lotilla primarily noted that “giving preferential dispatch to RE-generating plants will encourage investments for additional capacities in geothermal, biomass or impounding hydroelectric power plants because of guaranteed dispatch in the grid at their full available capacities under merchant pricing, allowing recovery of investments.”
Further, a “priority dispatch” has also been mandated for biomass ventures as anchored on Section 7 of the Renewable Energy Act.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Lady, Sara Duterte thank teachers for service to nation during World Teacher’s DaySara Duterte calls teachers “the honor of our country' but Act Teachers Party-List tells the DepEd_PH chief that educators need a pay increase and 'no amount of flowery words can change that.'
Source: YahooPH - 🏆 22. / 51 Read more »
PBBM, Speaker hail teachers for service to nationIn his National Teachers’ Day message, Marcos urged Filipinos to acknowledge teachers’ sacrifices in molding students and preparing them to achieve their dreams. READ:
Source: MlaStandard - 🏆 20. / 55 Read more »
Thailand mourns after over 34 die in daycare center attack targeting childrenThai government buildings flew flags at half mast on Friday to mourn the death of more than 30 people, including 23 children, after an ex-policeman burst into a daycare center in a knife and gun rampage that left the nation shocked and seeking answers. 😔
Source: gmanews - 🏆 11. / 68 Read more »
Tapering media coverage - BusinessWorld OnlineLOWERING the profile even of a highly noteworthy personality, like the leader of the nation, is a new discipline. The low-visibility approach worked in the successful campaign that avoided unscripted interviews (we prefer to talk directly to the people), debates with rivals, and limited imaging in posters and ads.
Source: bworldph - 🏆 9. / 68 Read more »
Alternergy says required rise in RE use to bring 2.65-million-MWh capacity - BusinessWorld OnlineALTERNERGY Holdings Corp. expects the mandated increase in power suppliers’ distribution of renewable energy (RE) would translate into 2.65 million megawatt-hours (MWh) of renewables capacity annually. READ:
Source: bworldph - 🏆 9. / 68 Read more »