Danessa Rivera (The Philippine Star)
- January 20, 2020 - 12:00am
MANILA, Philippines — The Department
of Energy (DOE) is coming out with rules and programs for the implementation of
a green energy tariff and rules for green energy auction to spur investments in
the new renewable energy (RE) sector in the country.
The DOE is seeking comments for its
draft circular titled “Promulgating the Rules and Guidelines Governing the
Green Energy Tariff Program (GETP) in the Philippines.”
Under the proposed rules, the DOE
said the GETP would have two components: the green energy tariff and the green
energy auction.
The green energy tariff
would “provide price signals on the commercial value of electricity generated
from RE facilities,” which would be the basis of a benchmark rate for RE in the
country.
Meanwhile, the green
energy auction would facilitate supply contracting by qualified suppliers with
eligible customers under a competitive process.
The agency said this
would set the framework to facilitate the compliance of distribution utilities,
retail electricity suppliers (RES), RE suppliers, and end users with the
Renewable Portfolio Standards (RPS).
RPS mandates power
industry players to produce and source a certain percentage of electricity from
RE sources such as biomass, waste-to-energy technology, wind energy, solar
energy, run-of-river hydroelectric power systems, impounding hydroelectric
power systems, ocean energy, and geothermal energy.
The RPS On-Grid and
Off-Grid guidelines will be enforced by the DOE this year.
The DOE said the
proposed green energy rules would also support the development and increase
access to financing of new RE projects under the Open and Competitive Selection
Process program of the agency.
The proposed rules
follows last year’s announcement by DOE Secretary Alfonso Cusi of the agency’s
plan to bid out 2,000 megawatts (MW) of RE capacity to encourage developers to
put up RE projects and fast-track the development of cleaner power generation.
Cusi had directed
National Renewable Energy Board (NREB), the advisory body tasked with the
effective implementation of RE projects in the country, to review and make a
recommendation on the concept of giving an allocation of 2,000 MW and green
energy rate for RE development.
Assisted by NREB, the
DOE is updating the country’s RE targets as capacity fell short from goals set
10 years after the Renewable Energy Act of 2008 was enacted.
Under the National
Renewable Energy Program (NREP) 2011-2030, the DOE is targeting to triple the
existing renewable capacity of 5,438 MW in 2010 to 15,304 MW by 2030.
Meanwhile, the
government’s long–term renewable energy roadmap aims RE installed capacity to
20,000 MW by 2040.
However, the capacity
addition was slow and only 7,000 MW were added until 2017, DOE-Renewable Energy
Management Bureau (REMB) director Mylene Capongcol said earlier.
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