The Philippines Curbs Its Dependence on Fossil Fuels

National Economy

The population of the Republic of the Philippines is approximately 111.78 million people[1]. In 2019, 95.63 % of the people in this archipelago country in Southeast Asia had access to electricity[2].

In 2019, the Philippines economy was ranked 33rd in gross domestic product (GDP) in the world[3]. The country’s economy is based on the export[4] of integrated circuits, office machines, insulated wire, semiconductors, electric transformers, and fruit.

Environment Policies

In 2016, the Philippines signed the Paris Climate Agreement, committing to a 70% reduction in greenhouse gases by 2030, relative to a business-as-usual scenario[5].

In 2019, Philippine President Rodrigo Duterte announced plans to install 30,000 MW of new renewable energy capacity by 2030.

In 2020, Philippine utilities used coal (50.0%), renewable energy (21.9%), natural gas (17.2%), and oil (10.9%)  to generate electricity in the country[6]. Hydropower, geothermal, solar, biomass, and wind are the primary types of renewable energy in the country.

Recent renewable energy projects in the Philippines include:

  • 500 MW Solar Project – In June 2021, Philippine solar company, Solar Philippines announced plans to build a solar project at a site approximately 75 miles north of the nation’s capital, Manila.
  • 115 MW Solar Project – Philippine renewable energy company, PH Renewables is continuing work on a solar project at a site approximately 10 miles east of Manila.
  • 80 MW Energy Storage Project – In June 2021, Philippine power company, SMC Global Power Holdings commissioned an energy storage project to support two 20 MW solar project at sites approximately 100 miles north of Manila.
  • 75 MW Solar Project – In December 2021, Philippine energy company, AC Energy Philippines commissioned a solar project at a site approximately 40 miles north of Manila.
  • 75 MW Solar Project – AC Energy Philippines is continuing work on a solar project at a site approximately 100 miles northwest of Manila. The project is scheduled to be completed within the first quarter of 2022.
  • 63 MW Solar Project – In April 2021, Singaporean renewable energy company, Modern Energy Management commissioned a solar project at a site approximately 100 miles north of Manila.

Conclusions

The Philippines has significant undeveloped renewable energy resources, including hydropower, solar, geothermal, onshore wind, offshore wind, and biomass. The country’s renewable resources could generate all of the electricity for this beautiful archipelago nation.

The Philippines imports the majority of the country’s fossil fuels (coal, oil, and natural gas). The cost of imported fossil fuels is the reason the Philippines has one of the highest costs for electricity in Asia[7].

Renewable energy is helping the Philippines curb its dependence on fossil fuels, reduce greenhouse gas emissions, and help the nation’s economy.

Jack Kerfoot

Website – “Our Energy Conundrum”

www.jack kerfoot.com

 

[1] Philippines Population (2022) –  January 7, 2022, www.worldometers.info

[2] World Bank, “Access To Electricity (% Population) – Philippines”

[3] Gross Domestic Product 2019 – World Bank DataBank

[4] The Observatory of Economic Complexity (OEC) – Philippines

[5] Carbon Brief – “Paris 2015: Tracking Country Pledges” www.carbonbriefing.org

[6] Our World In Data, Philippines: Energy Country Profile by Hanna Ritchie and Max Roser

[7] Solar Ready PH – “Philippine Power rate is one of the highest in Southeast Asia”

 

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