The Department of Energy (DOE) highlighted the importance of completing crucial infrastructure projects in the Philippines to achieve its renewable energy (RE) goal by 2040.
In a report by the Manila Bulletin, Energy Assistant Secretary Mario Marasigan emphasized the government’s intent to prioritize the power generation sector to bolster future RE development.
Marasigan further highlighted the importance of interconnection, a functional transmission system, and the much-needed ports for offshore wind development as crucial steps toward reaching the goal.
In addition to public-private partnerships (PPP), he also mentioned the DOE’s collaborations with various government agencies and entities involved in the energy sector.
He further emphasized that the Energy Department is in close collaboration with the Department of Information and Communication Technology (DICT) to achieve full automation by 2040.
As part of its government agency partnerships, the DOE introduced the Energy Virtual One Stop Shop Act (EVOSS), an innovative digital platform aimed at streamlining virtual and online licensing procedures.
EVOSS aims to streamline the permitting processes for power generation, transmission, and distribution projects.
By 2040, the DOE has set an ambitious target of achieving 52,826 megawatts (MW) of additional RE capacity, seven times the current level. Solar energy is expected to comprise 51.5 percent of this capacity, equivalent to 27,162 MW, while wind energy will contribute 16,650 MW. The remaining capacity will be derived from hydro, geothermal, and biomass sources.