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DOE seeks more power investments in Visayas
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Group that filed Ombudsman case vs Cusi is misinformed , says DOE
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Duterte leads new group to speed up permits for energy projects
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Published May 24, 2021, 12:47 PM
The Philippines is traversing its second wave of massive renewable energy (RE) developments; and providentially, local and foreign investors’ alike have their sights focused anew on this market.
Cover photo of the E-Book that shall guide Norwegian investors on investing in the energy sector of the Philippines that was prepared by Norconsult Mgt Services, Phils. Inc. for the Royal Norwegian Embassy in Manila.
The first investment rollouts in the 2014-2016 timeframe had been underpinned by the feed-in-tariff (FIT) perks, but as the country’s honeymoon with that incentive scheme had already been over, the next round of RE installations will have to lean mainly on other market sweeteners primarily the Renewable Portfolio Standards (RPS), net metering program, Green Energy Option Program (GEOP), as well as the envisioned trading of RE certificates via the Wholesale Electricity Spot Market (WESM).
Published April 6, 2021, 8:00 AM
Conventional wisdom often paints the power sector as a “game for the big boys” – but in the country’s lofty ‘energy transition’ goal, even the “David-like players” are leading the way.
They may not be as gigantic as their counterpart-conglomerates in terms of track record and longevity, financial muscle and even human resources, but several start-ups or emerging companies in the renewable energy (RE) sector are equally razor-sharp and passionate about advancing their blueprinted projects to commercial developments. And on the bigger facet of business goalposts, there is that fervent desire for these companies to become part of the country’s elusive quest for energy security and sustainability that are heavily anchored on protecting the environment.