DOE to hold 2nd ‘green energy’ auction | Lenie Lectura

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The Department of Energy (DOE) announced the conduct of a second green energy auction in the next few months to further boost the country’s renewable energy (RE) sector. Know more:

THE Department of Energy announced the conduct of a second green energy auction in the next few months to further boost the country’s renewable energy sector.

Lotilla said the DOE plans to conduct the GEA annually “to encourage more RE investments in the country.” He said that during the first GEA Round, the DOE issued 18 Certificate of Awards of RE capacity, which are “committed to go onstream beginning this year.” Other ways to transition to clean energy, Lotilla added, includes energy efficiency and conservation measures and storage solutions.

 

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