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PH aims for 20,000-MW renewable energy capacities

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By Philippine News Agency

Energy Secretary Alfonso Cusi said Friday (April 21) the Philippines endeavors to add at least 20,000 megawatts of renewable energy (RE) capacities by 2040 to sustain economic gains and continue efforts to elevate the quality of life in the country.

Cusi made the statement during the launch by the Department of Energy (DOE) and the International Renewable Energy Agency (IRENA) of the Renewables Readiness Assessment (RRA) for the country at the Energy Center at Bonifacio Global City.

Credit: IRENA / MANILA BULLETIN

Credit: IRENA / MANILA BULLETIN

“The RRA is a collaboration among the DOE, IRENA and other renewable energy stakeholders from both the public and private sectors. It is vital in our vision towards attaining 20,000 megawatts of renewable energy capacities by 2040,” said Cusi.

The energy chief said that with the Philippine government’s aggressive stance towards building RE capacities, there is a need to identify and analyze key challenges to further guide our stakeholders in our policies, regulatory and institutional framework.

He said that formulating the RRA involved research, interviews, focus group discussions and several multi-stakeholder consultations. The Philippine RRA will also contribute to a database of the status of renewables readiness across member countries of IRENA.

IRENA is an intergovernmental organization that supports countries in transitioning into a sustainable energy future. It serves as the principal platform for international cooperation and an avenue to explore other values of renewable energy as it promotes widespread adoption and sustainable use of all forms in the pursuit of sustainable development.

Cusi added that the goal is to provide a comprehensive and detailed analyses of the country’s RE profile to recommend measures to deal with the pertinent issues in the industry.

The DOE-Renewable Energy Management Bureau (REMB) also prepared the launch of the RRA to serve as a forum with industry stakeholders to inform them on its results, solicit their views in carrying out the recommendations and discuss opportunities and challenges of the RE sector.

The launch was graced by DOE Assistant Secretary Roberto Uy, DOE-REMB Director Mario Marasigan, DOE-REMB Assistant Director Marissa Cerezo, National Renewable Energy Board (NREB) Chairperson Atty. Jose Layug Jr., IRENA Senior Programme Officer Gurbuz Gunol and IRENA Regional Programme Officer for Asia-Pacific Yong Chen.

“The DOE is committed to provide a level playing field among RE developers to assure the country of its indigenous and sustainable energy for the consuming public,” said Cusi.

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