DOE Considering One-Stop Shop for Biofuels Investors
by Amy R. Remo (Philippine Daily Inquirer) The Department of Energy is considering putting up a one-stop shop that will facilitate the entry of local and foreign investors in the country’s biofuels industry.
This move is expected to encourage investors to put up ethanol production facilities in particular, to serve the growing demands of the local market, said Energy Undersecretary Jose M. Layug Jr.
The country has three accredited bioethanol production plants with a combined annual capacity of 79 million liters. These three, however, serve only a fraction of the estimated annual demand of 400 million liters, Layug said. READ MORE