ILOILO CITY — The Philippines needs almost 53,000 megawatts (MW) of new renewable energy capacity to achieve the government target of a bigger share in the energy mix.
Based on simulations from the Department of Energy (DOE), a total of 52,826 MW of additional clean energy capacity is needed by 2040 to attain the goal under the Renewable Portfolio Standards (RPS) policy. This is nearly seven times higher than the current level of 8,264 MW.
Breaking down the estimated capacity, 27,162 MW should come from solar projects, 16,650 MW from wind power projects, 6,150 MW from hydropower and 2,500 MW from geothermal.
If attained, the renewable energy share in the power generation mix would increase to 35 percent by 2030 and 50 percent by 2040 as spelled out in the energy plan.
READ: PH dismantling barriers to renewable energy boom
Coal-fired plants still dominate the power generation mix currently, accounting for more than 50 percent of…
