PROMOTING ENERGY PROJECTS: DOE-Renewable Energy Management Bureau Assistant Director Marissa P. Cerezo encourages the participation of local stakeholders in ensuring the sufficient and reliable power supply of the country during the Energy Investment Briefing on Thursday (26 July) in Isabela. Now in its fifth year, the Energy Department conducts said briefings annually to hasten the realization of energy projects. 

SANTIAGO CITY, ISABELA – The Department of Energy (DOE) Thursday presents investment opportunities in the Cagayan Valley Region (Region II) during the Luzon-leg of the Energy Investment Briefing at the Wendall Hall in Oryza Hotel.

“Energy security is a major driver of our economy. We need everyone to be on board for our energy security,” DOE Secretary Alfonso G. Cusi said. 

The Secretary is hopeful that the forum would enable Cagayan Valley to bring in more energy investments in the years ahead.  

Among the topics discussed were the current energy activities and projects in the region; the benefits for communities hosting energy projects from the electricity sales of generation plants; as well as the regulatory requirements and registration processes of energy projects. 

About 80 participants from various local government units, local distribution utilities/electric cooperatives and the private sector attended the briefing.  

Adhering to the principles of the DOE’s E-Power Mo movement, the Department’s Investment Promotion Office (IPO), headed by Chief Investment Specialist Lisa S. Go, organized the event to underscore the significance of energy investments in making the Philippines globally competitive. 

“All of our regions should be updated with the latest energy developments for them to actively take part in the planning and implementation of our programs and projects,” Sec. Cusi concluded.

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