MANILA, Philippines — A group of geothermal energy developers is calling on the government to set higher prices for green energy auctions (GEA) to attract more bidders.
In a briefing, the chief of the National Geothermal Association of the Philippines (NGAP) said they have created a technical group focused on the GEA to determine investors’ issues or reasons for not participating in government biddings.
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An auction conducted in 2023 saw weak results due to the incentives set by the Energy Regulatory Commission. FEATURED STORIES
