Page 28 - centre - is the philippines getting green and just.cdr
P. 28
15
As of 2018, 43 coal-red power plants operate in the country. This
number is increasing further as megawatts of indicative and
committed capacities have already been put in the pipeline to meet
the country's increasing demand for electricity. Annual growth in
energy demand is not lower than ve per cent in recent years and
projected peak requirements in the years 2030 and 2040 are
expected to reach more than 49,000 MW.
Unfortunately, the National Renewable Energy Plan (NREP)
launched in 2011 to bolster policy objectives of the Renewal Energy
Act of 2008, was able to come up only with a less ambitious target of
a little over 30% share of renewables (15,000 – 20,000 MW) in the
energy mix for 2030 and 2040, both under the business as usual
(BAU) and the low-carbon scenario. As a result, for the next two
decades or more, the power industry will in no way turn green. (See
Table)
The National Renewable Energy Program (NREP) Consolidated RE Roadmap
Consolidated Milestones Target additional geothermal
capacity of 1,495 MW is reached
2011 2015 2020 2025 2027 2030
Target additional hydro
Promulgation of remaining
policy mechanisms, rules capacity of 5,394 MW
under the RE Law is reached by 2023
completed by end-2011
Target ocean power
capacity of 70.5 MW Target additional
is reached 2025 solar capacity
of 5284 MW is
Target additional reached by 2030
biomass capacity of 1st Ocean Energy facility Target additional wind capacity
276.7MW is reached operational by 2018 of 2,345 MW is reached by 2022
Implementation of Sectoral Sub-Programs and the Policy and Program Support Component
Existing RE
capacity,
2010: 7,594 MW 12,751 MW 15,219 MW 15,304 MW
5,438 MW by 2015 by 2020 by 2025 by 2030
Target RE-based Installed Capacity
22