DOE to bid out 11,000-MW renewable energy capacity
MANILA, Philippines – The Department of Energy (DOE) eyes to auction off more than 11,000 megawatts (MW) of renewable energy capacity for the next three years under its second Green Energy Auction Program, an official said on Monday.
Energy Undersecretary Rowena Guevara told reporters on the sidelines of the Philippine Electric Power Industry Forum that they were looking for renewable energy developers with a ready capacity of 3,590 MW by next year, 3,630 MW by 2025 and 4,390 MW by 2026.
This totals 11,610 MW of clean energy—enough to power at least 4.64 million homes a year.
“We will include in the terms of reference the list of areas and corresponding capacity of transmission that is already available. This will be provided by the National Grid Corp. of the Philippines. This way, we are guaranteed that the generated renewable energy can be transmitted at the projected timelines of 2024 to 2026,” Guevara said.
The DOE will bid out renewable capacity of 7,715 MW in Luzon, 2,705 MW in the Visayas and 1,190 MW in Mindanao. INQ