DOE taps new technologies to augment PH power supply

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 55%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

The Department of Energy is supporting new and emerging technologies to augment the country’s power supply and support a cleaner

It identified these technologies as small nuclear reactors, liquefied natural gas, battery energy storage systems, hydrogen and ammonia, electric vehicles as well as energy efficiency and conservation projects.The DOE is pursuing SMRs or advanced nuclear reactors that have a third of the generating capacity of traditional nuclear power reactors. Lotilla said the Philippines may have a nuclear facility up and running “within the decade.

These include FGen LNG Corp.’s interim floating storage regasification unit with a capacity of 5.26 million tons per annum that will be completed by September 2023; Linseed Field Corp.’s 3 MPTA terminal which was completed in May 2023; Luzon LNG Terminal Inc.’s 4.4 MPTA terminal for completion by December 2025; and Energy World Corp.’s 3 MPTA terminal with target completion of December 2023.

The DOE is pushing for additional 1,851,500 EVs and 42,000 EVCs in the medium-term from 2029 to 2034. Lotilla said the DOE is also developing a policy framework and guidelines for the integration of hydrogen within the energy sector. The agency is actively considering hydrogen and its derivatives as a promising and cleaner alternative energy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 20. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DOE to bid out 20 renewable energy sitesThe Department of Energy is bidding out 20 pre-determined areas with a combined renewable energy capacity of more than 247.98
Source: MlaStandard - 🏆 20. / 55 Read more »

Olongapo solar power to hasten PH green energy transformationThe Olongapo Solar Power Project is seen to further intensify the strategic cooperation between Energy China and AboitizPower Group in
Source: MlaStandard - 🏆 20. / 55 Read more »

Nestle signs 15-year deal to power CdO factory with renewable energyCAGAYAN DE ORO CITY—Nestlé Philippines Inc. said Tuesday it signed a 15-year agreement with Cagayan Electric Power and Light Corp.
Source: MlaStandard - 🏆 20. / 55 Read more »

Marcos OKs interconnection project to expand grid | Samuel P. MedenillaPRESIDENT Ferdinand R. Marcos Jr. has approved the proposed interisland connection of Palawan and Mindoro Islands to expand the national grid. The chief executive made the decision, when he met with officials of the Department of Energy (DOE) and the National Power Corporation (NPC) in Malacañang on Tuesday. The National Grid Corporation of…
Source: BusinessMirror - 🏆 19. / 59 Read more »

PH 'green' energy draws EU interestTHE country's renewable energy sector has drawn more interest from European investors after the government removed the foreign ownership limits on RE projects, the European Chamber of Commerce of the Philippines (ECCP) chief said.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

HEADLINES: PH 'green' energy draws EU interestHEADLINES: PH 'green' energy draws EU interest | Aug. 23, 2023
Source: TheManilaTimes - 🏆 2. / 92 Read more »