Senate OKs natural gas development bill, but ‘no’ voters warn of risks

Quick Summary:

THE Senate on Monday approved on third and final reading the bill to develop the natural gas industry, noting the urgency of bolstering the country’s energy mix for a rational transition from an over-reliance on fossil fuels.

This departure from the least-cost principle of EPIRA—as a principle and procedural guide—pertains to fuel selection by the aggregator and generators, generator selection by distribution utilities, and dispatch of generators by the WESM, and is simply unacceptable,” Hontiveros said, casting one of three negative votes.

We will have energy security that will be able to provide for more accessibility to natural gas and consumers will be able to benefit from this.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Butch Fernandez

Category: BusinessStartups

Markets: Philippines

Topics: Gatchalian Bill Filipino Principle Consumers Energy Senate Votes Hontiveros Indigenous Natural

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 15:27:32 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 639 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23518671

View Article Analysis

About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 67 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 11 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions