The Department of Energy (DOE) says that wind and solar projects are set to dominate the department’s pipeline of indicative power generation projects for the next decade.
Philippine Star reported that the DOE’s latest data as of October 31, revealed that a total of 92,392.81 megawatts (MW) of capacity is in pre-development, with commercial operations scheduled around 2024 and 2033.
Wind power leads the list, accounting for 69.34% or 64,066.18 MW of the total, followed by solar energy at 13.11% or 12,121.91 MW.
Other projects include 7,316.22 MW from hydropower, 5,888 MW from natural gas, and 2,209.5 MW from energy storage systems. Geothermal, coal, and biomass projects also form part of the list, contributing 325 MW, 289 MW, and 177 MW, respectively.
Approximately 75% of these projects are slated for development in Luzon, while the remainder will be spread across the Visayas and Mindanao.
Additionally, the DOE noted that nearly 5,000 MW worth of projects either lack firm commercial operation dates or are scheduled for beyond 2035.
Combined with those targeting earlier activation dates, these facilities are projected to power over 97 million homes once operational.
The initiative aligns with government efforts to meet the country’s rising energy needs, as peak electricity demand is expected to surge to 68.5 gigawatts (GW) by 2050, a 312.65% increase from 16.6 GW in 2022.
To secure energy sustainability, the DOE has also identified over 14,000 MW of “committed” projects, which are in the financial closure or construction phases, with renewables comprising the majority.
