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The Philippines has the potential to put in 21 gigawatts (GW) of offshore wind energy, primarily based on the brand new roadmap launched by the Division of Power (DOE) and the World Financial institution Group (WBG).
Primarily based on a low-growth situation, the Philippines has the potential to put in 3 GW of offshore wind by 2040, making up 3 p.c of the nation’s electrical energy provide. The high-growth situation, in the meantime, suggests the potential to put in 21GW, making up 21 p.c of its electrical energy provide.
The roadmap is considered one of a collection of offshore wind roadmap research commissioned by the WBG below the joint Power Sector Administration Help Program-Worldwide Finance Corp. Offshore Wind Growth Program.
To realize these eventualities, the roadmap offers steerage on actions that should be taken by the federal government, setting up a long-term plan for offshore wind till 2050 as a part of a decarbonized vitality combine; establishing offshore wind improvement zones via additional marine spatial planning; funding in transmission, port and different vitality infrastructure upgrades; rising collaboration with business and different related authorities businesses; amongst others.
“The Philippines has a quickly rising demand for energy. It’s clear from this roadmap that offshore wind can play a significant function in assembly our nation’s vitality demand indigenously, whereas additionally accelerating decarbonization,” mentioned Power Secretary Alfonso G. Cusi.
The WBG has been working carefully with the DOE to arrange this first-of-its-kind roadmap, which goals to faucet the nation’s 178GW offshore wind potential.
In the course of the launch of the roadmap, Power Undersecretary Felix William Fuentebella mentioned the company has acquired quite a few pursuits and functions in offshore wind from the non-public sector, with awarded wind vitality service contracts equal to greater than 14,000 MW capability as of February this 12 months.
The DOE, he added, engaged private and non-private sectors via focus group discussions performed within the first quarter of 2022, to make sure an environment friendly and coherent allowing course of for personal stakeholders.
“One of many subsequent steps we’re taking to construct the Philippines’s Offshore Wind Business is a high-level technical research on a consultant offshore wind challenge that may very well be delivered earlier than 2030.
It describes the entire most important actions {that a} developer might want to undertake to develop and assemble a challenge and, importantly, how these actions relate to the federal government’s actions and the roadmap’s suggestions,” mentioned Fuentebella.
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