PH needs 52,826 MW of renewables to meet 2040 target

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The Department of Energy said Tuesday the country needs to build 52,826 megawatts of new renewable energy (RE) projects to

Energy Undersecretary Rowena Guevara said accelerating RE development is the government’s priority towards a sustainable and low-carbon energy future as written in the National Renewable Energy Program and Philippine Energy Plan 2020-2040.

“This is 180 percent of our current generation capacity. If all these potential capacity is realized, the country’s per capita power consumption will finally be comparable with our ASEAN neighbors,” she said. Guevara said the DOE put in place various policies and market-driven mechanisms to progressively develop and implement more RE projects all over the country.

Other RE zones for geothermal hydropower and biomass development were identified with a total potential capacity of 655,773 MW all over the country.

 

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