RE share of 80% seen needed for PHL to become Paris-compliant [BusinessWorld]
THE Philippines can only comply with its Paris climate commitments with an 80% share of renewable energy (RE) in its power mix by 2030, an energy think tank said.
DOE firms up dispatch of RE plants in WESM
by Lenie Lectura | April 06, 2022| Published by Business Mirror | READ THE STORY HERE THE Department of Energy (DOE) targets to issue in the third quarter of this year a new policy declaring all renewable energy (RE) plants as preferential dispatch units in the wholesale electricity spot market (WESM). During the second day of the 1st Renewable Energy and Energy Efficiency (REEE) Summit organized by the Meralco Power Academy, DOE Renewable Energy Management Bureau (REMB) Director Mylene Capongcol said the agency is currently studying and pushing for this. At least two public consultations, in fact, were already [...]
DOE, ICSC: RE, not baseload coal, will best address PHL energy needs
MANILA, 06 April 2022 – The Department of Energy (DOE) and the Manila-based policy group Institute for Climate and Sustainable Cities (ICSC) reiterated today that renewable energy sources – through flexible, distributed generation – best suit the power generation needs of the Philippines. “Renewable energy can definitely compete with coal. In the renewable space, you only pay for the cost of developing, and naturally, the supply is available for use. This is why the DOE is looking for strategies to buy down the cost of RE in the country, not just in the investment side but also for the consumers,” [...]