Undersecretary Felix William Fuentebella of the Department of Energy explains the need for standard pricing for renewable energy to encourage more investments in indigenous power sources. With him are National Renewable Energy Board chairperson Monalisa Dimalanta and Renewable Energy Management Board Director Mylene Capongcol . | Irene R. Sino Cruz
The program aims to establish the right pricing for renewable energy,” said DOE Undersecretary Felix William Fuentebella. Dimalanta explained that the program would enable the RE developers and suppliers to enter into bilateral contracts with the power distributors and electric cooperatives but at a price approved by the Energy Regulatory Commission.
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