Tag: energy policy
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President Marcos Jr. Advocates for Unified Strategy to Control Food Prices
President Ferdinand R. Marcos Jr. has called for a cohesive strategy to manage food prices, following a meeting with the Department of Agriculture (DA) at Malacañan Palace in Manila. The President highlighted the necessity of a unified approach during discussions on the Anti-Agricultural Economic Sabotage Act, aimed at reducing smuggling and stabilizing market prices. Marcos…
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Philippines Achieves Unprecedented Renewable Energy Milestone in 2024 with 794 MW Installed
In a significant stride towards sustainable energy, the Philippines recorded its highest ever installation of renewable energy capacity in 2024, reaching 794.34 megawatts (MW). The Department of Energy (DOE) announced this achievement, highlighting a substantial increase from the previous years’ total of 759.82 MW installed between 2021 and 2023. The year 2021 saw an installation…
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Maharlika Investment Corporation Considers Funding Nuclear Energy Initiatives in the Philippines
MANILA – The Maharlika Investment Corporation (MIC) has shown interest in potentially financing nuclear energy projects as part of efforts to diversify the Philippines’ energy sources and reduce electricity costs. During a press briefing at the Palace, MIC’s president and CEO, Rafael Consing Jr., indicated a willingness to explore nuclear power investments, provided they comply…
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