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= Energy Situation =
The Philippines is an emerging economy and its economy has greatly shifted from agriculture to industry.In terms of energy use, conventional fossil fuels (oil and gas) are the main source for its primary energy demands. According to the 2011 primary energy consumption of the Philippines, 31% of the consumption was met by oil, 20% by coal, 22% by geothermal, 12% by biomass, 6% by hydro and 1% by other renewable energy like wind, solar and biofuel. <ref name="ASEAN">http://aseanrenewables.info/wp-content/uploads/2013/07/PH-Philippines_Rev05.pdf </ref>
The Philippines is located in the Pacific Ring of Fire and thus has a high geothermal potential. In terms of electricity generation, 41.4% of the electricity demand is met by geothermal energy, 28% by coal, 11.4% by hydro, 15% by natural gas and 0.1% by wind, solar and biofuel. In terms of installed capacity for power generation Hydro is 63.2%, 35.1% is geothermal , 1.1% is biomass and 0.6% by wind and 0.1% solar. <ref name="ASEAN">http://aseanrenewables.info/wp-content/uploads/2013/07/PH-Philippines_Rev05.pdf </ref>
= Electricity Situation =
The table below provides an overview of the electricity tariffs in Philippiness<ref name="ASEAN">http://aseanrenewables.info/wp-content/uploads/2013/07/PH-Philippines_Rev05.pdf </ref>: [[File:Electricity Tariff Philippines.PNG|border|684px|Electricity Tariff in Philippines|alt=Electricity Tariff in Philippines]]
= Policy =
The Government of Philippines has introduced various policies to foster renewable energy . Some of the policies are income tax holiday up to 7 years, duty-free import of equipment for renewable energy technologies and so on. In 2012, the government launched the new feed-in tariff (FIT) and is summarized in the table below<ref name="ASEAN">http://aseanrenewables.info/wp-content/uploads/2013/07/PH-Philippines_Rev05.pdf </ref>:<br/>[[File:Energy Policy in Philippines.PNG|border|463px|Feed in Tariff in the Philippines|alt=Feed in Tariff in the Philippines]]
= Further Information =
*[http://www.irena.org/DocumentDownloads/Publications/IRENA_RRA_Philippines_2017.pdf IRENA Renewables Readiness Assessment (RRA) (2017):]Like many countries in South East Asia, the Philippines faces twin challenges of population growth and rising energy demand. Dependent on imports for nearly half its primary energy supply, the country is highly exposed to oil price volatility. Frequent tropical storms, meanwhile, adversely impact its energy infrastructure. In response, the Philippines has resolved to bolster energy security, pursue low-carbon economic development and contribute global efforts against climate change. Renewable energy technologies have become increasingly prominent in national planning and policy-making. An ambitious target adopted in 2011 calls for 15.3 gigawatts of renewable power capacity by 2030. This RRA, undertaken in co-operation with the Philippine government, identifies barriers and proposes key actions to strengthen the policy, regulatory and institutional framework in order to accelerate renewable energy deployment.
= Reference =
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