The first power projects under the Philippines' main incentive scheme for renewable energy should finally come online next year after a long regulatory struggle, an official said Wednesday. Solar-power plants of between three and five megawatts each are expected to be the first to supply electricity under the plan, Mario Marasigan, the energy department's renewable energy bureau chief, told AFP. "We hope to see the first new renewable installations... under the feed-in tariff system hopefully next year. The most immediate possibility is solar installation," Marasigan said in an interview. The so called 'feed-in tariff' guarantees energy companies an extra amount of money above the market rate for every kilowatt of clean power they sell. It was one of the main planks of a 2008 renewable energy law to spur investment and see half the country's energy come from renewable sources by 2030, compared with about 39 percent currently. Despite the move, bigger projects, such as geothermal and wind, remain up three to five years away, he added. Industry and green groups have complained that since the law was introduced, the tariff scheme has been relegated to a low priority and got lost in red tape while the government has focused on boosting fossil fuel power. The government only approved the tariff rates in July last year, and the government has not yet approved any of the hundreds of projects that have submitted applications to participate. "It (the feed-in tariff scheme) needs a stronger push from the government... there is too much red tape in renewable energy investments," Greenpeace Philippines' programme manager Beau Baconguis said. However Marasigan defended the pace of the roll-out, saying that the government was introducing a completely new energy financing scheme and this took time to get right. "A FIT (feed-in tariff) mechanism is relatively new to us... it took us a while to learn and really decipher what is the best means for us," he said.
GMT 09:26 2018 Tuesday ,23 January
France says it fell short on greenhouse gas emissionsGMT 08:25 2018 Saturday ,20 January
Greenpeace activists face fine over Eiffel Tower protestGMT 04:38 2018 Saturday ,20 January
US to overtake Saudi as crude oil producer: IEAGMT 10:43 2018 Friday ,19 January
TransCanada secures contracts to move forward with Keystone constructionGMT 08:54 2018 Thursday ,18 January
Norway aims for all short-haul flights 100% electric by 2040GMT 15:12 2018 Wednesday ,17 January
BP hit by new $1.7bn Gulf oil spill chargeGMT 16:31 2018 Monday ,15 January
Two schools could win Dh1m of solar panels in Sustainability Champions competitionGMT 03:08 2018 Monday ,15 January
Danish wind power whips up record 43% of electricityMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor