BusinessWorld E-paper
April 26, 2024
THE DEPARTMENT of Energy (DoE) is maintaining a moratorium on the development of greenfield coal-fired power plants even as most hydropower plants are currently running on derated capacities, resulting in insufficient power supply affecting the main grids.
“The moratorium (stands, if the LNG or liquefied natural gas) power plants would have a higher degree of reliability, then the private sector may opt for that rather than put up coal plants,” Energy Secretary Raphael P.M. Lotilla said in a virtual press briefing on Thursday.
