President Ferdinand Marcos, Jr on Monday bared the finding of the reservoir that could boost the country’s energy supply, but environmentalists warn that it skipped cost-benefit analysis that may cause irreversible ecological damage.
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The global technology provider working at the intersection of conventional and renewable power tells Eco-Business why it still sees gas as the stabilising force in a shifting energy landscape, while systems evolve for power to be delivered at the right place and time.
A UN report warns that financing for critical minerals must align with environmental and social goals if the energy transition is to avoid repeating the harms of the fossil fuel era. Most mining firms believe that robust ESG reporting is costly, but could help attract new investors.
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A connected grid will help each country avoid bearing the burden of building power for itself – forcing low-cost decisions that might not be climate-friendly, says a representative from GE Vernova. Energy leaders at Enlit Asia 2025 pushed for the setting up of an interim energy exchange to allow power trading while regulatory arrangements catch up.