At an energy forum organized by ING Philippines, SunAsia Energy president and CEO Maria Theresa Capellan said there should be a “more sophisticated auction design” to cater to all technologies.
“Gas, pump storage and even geothermal need a special kind of auction design because they are not the same as solar and wind. That kind of market mechanism (requires) a more specific function design,” Capellan said.
According to Capellan, the second round of GEA raised “red flags,” given the low turnout of subscribed capacity.
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Global Innovation Index: Phl rises to 53rd
The Philippines was among the fastest risers in a decade in the latest Global Innovation Index (GII) of the World Intellectual Property Organization (WIPO), moving up three places this year to 53rd out of 133 economies.
SolGen: Guo can still run, unless...
Detained Bamban mayor Alice Guo may still file a certificate of candidacy and run in next year's elections despite an earlier ombudsman order disqualifying her from holding a public post, Solicitor General Menardo Guevarra said yesterday.
AFP eyes buying more ships to protect WPS
Acquisition of more ships and other big-ticket items to improve patrolling in the West Philippine Sea is being eyed by the Armed Forces of the Philippines, as part of the Horizon 3 phase of the AFP modernization program.
Marcos bares Alyansa 2025 senatorial slate
Familiar names, including two former rivals of President Marcos during the 2022 race, as well as veteran lawmakers and entertainment personalities, make up the senatorial slate of administration coalition Alyansa para sa Bagong Pilipinas for next year's midterm elections.
House forms panel amendments for budget
After passing the 2025 national budget on time, the House of Representatives on Wednesday formed a four-member team to discuss lawmakers' proposed budget amendments.
KOJC camp confident Quiboloy will be declared innocent
The counsel of Kingdom of Jesus Christ (KOJC) leader Apollo Quiboloy yesterday expressed confidence that the self-styled son of God will be declared innocent amid the NEGOSYO pending cases filed against him at the Pasig City and Quezon City regional trial courts.
LPA seen east of Batanes - Pagasa
Alow-pressure area inside the Philippine area of responsibility (PAR) could form into a tropical cyclone in the next 48 hours, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).
DepEd eyes animation for basic education
The Department of Education (DepEd) is eyeing a partnership entailing the use of animation in the delivery of lessons under the basic education curriculum.
First lady, 2 others inducted into Philconsa
First Lady Liza Marcos and two other prominent members of the legal profession have been inducted as members of the Philippine Constitution Association (PHILCONSA), a non-stock, non-partisan organization that seeks to defend and preserve the fundamental law of the land.
DOT hails measure providing VAT refund for foreign tourists
Refunding the value-added tax (VAT) already charged to foreign tourists visiting the Philippines would help improve the country's economy especially those relying on tourism, the Department of Tourism (DOT) said.
