posted July 08, 2016 at
12:01 am
The age of solar power
plants has finally arrived in the Philippines.
Previously considered a
mere alternative source of power, solar plants are now a major contributor to
the country’s electricity grid. The cost of solar panels has significantly gone
down, prompting power companies to build plants with bigger capacities and at
competitive rates.
Economic Planning
Secretary Ernesto Pernia saw the real advantages of building more solar
facilities in the country. For starters, the government plans to require all
buildings in Metro Manila to install solar panels as an alternative source of
energy. Solar panels on rooftops may not generate enough power output and
replace baseload plants, but they will still provide relief on the supply
requirements, especially during the dry months.
Pernia’s preference for
solar power plants will signal a policy shift from the country’s heavy
dependence on coal-fired power plants, which take about three years to build.
Solar and other renewable and cleaner sources of energy require a shorter time
to install, or about six months in the case of sun-powered plants.
The cost of building
solar power plants has become viable in recent months after world production
cost fell significantly because of increasing demand. The actual production of
solar facilities has gone down to an equivalent of P5 per kilowatt-hour, or
comparable with other sources of energy and the subsidy rate of P8 to P9
granted by the government to renewable energy developers.
Big solar farms have
risen in the Philippines as a result of favorable economics. Helios Solar
Energy Corp. and Soleq Holdings Inc. have built a 132.5-megawatt solar plant in
Cadiz City, Negros Occidental province, while Solar Philippines installed a
63.3-MW facility in Calatagan, Batangas.
Buildings and
commercial centers have also begun drawing part of their energy requirements
from the sun. Robinsons Starmills in San Fernando, Pampanga is putting up a
2.88-megawatt solar plant on its roof, making it the world’s largest
solar-powered mall and beating SM Mall of Asia’s 2.7-MW facility in Pasay City.
The government’s
preference to rely on solar energy should expand to other sources of renewable
sources like wind and water. For one, it should encourage run-of-the-river
hydroelectricity, which does not require water storage and generate enough
ample power as well.
The Philippines is
teeming with renewable sources of energy. They are assets that should be
exploited.
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