Government ‘very confident’ of meeting renewable energy targets
The government remains bullish on meeting its renewable energy (RE) targets, banking on more competitive auctions to drive the rollout of clean power projects.
The Philippine government is confident it will meet its renewable energy targets, with Energy Secretary Sharon Garin expressing optimism at a recent forum. The government aims to achieve 35% renewable energy in its energy mix by 2030, a goal it believes is attainable due to ongoing programs and policies. The Department of Energy (DOE) plans to launch more green energy auction (GEA) rounds over the next year, with a target of 25 gigawatts (GW) of renewable energy capacity to be delivered from 2027 to 2035.
These auctions will encompass a variety of technologies, such as solar installations on stilts, agri-solar systems, canal-top solar projects, biomass, geothermal, onshore wind, floating solar, rooftop solar, and solar projects integrated with battery energy storage systems. The DOE's strategy is driven by the belief that their policies are keeping pace with emerging technologies.
While the government has already awarded approximately 20 GW of renewable energy capacity through the first four GEA rounds, the sector remains reliant on coal, which accounts for about 14% of the country's electricity generation.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
