The government of Philippines, as part of its target to triple renewable energy capacity by 2030 to at least 15,000 megawatts capacity, has released guidelines for renewable energy projects to be considered for feed-in-tariffs. The Department of Energy's long-awaited policy, requires 80 per cent of the facility be built before applying for the FIT, after which the FIT could still be denied.
While the Philippines' Energy Regulatory Commission approved the FIT rates last July, delays in the deployment of the scheme, critics said, risked discouraging investment in renewable energy. Power generation in the Philippines is still dominated by coal, at 37 per cent, and natural gas, at 30 per cent, and the government continues to move forward with more coal-fired plants.
Greenpeace Climate and Energy Campaigner Anna Abad said that despite the passage of the Renewable Energy Law in 2008, the DOE has been approving coal-fired power plants left and right, further stalling the development and mainstreaming of renewable energy systems in the country. A January Greenpeace report, 'Green is Gold,' indicates that in addition to the country's 10 existing coal-fired plants, 23 more are in the pipeline, at least three of which are slated for urban areas.
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