Philippines has potential for 21 GW of offshore wind by 2040

WIND TURBINES may be seen in a wind farm in Pililia, Rizal, April 25. — PHILIPPINE STAR/ MICHAEL VARCAS

THE PHILIPPINES has the potential to put in as much as 21 gigawatts (GW) of offshore wind energy by 2040 to fulfill the nation’s rising demand, a examine by the Division of Power (DoE) and the World Financial institution (WB) confirmed.

The DoE and WB launched the Philippines Offshore Wind Roadmap on Wednesday, which lays out the alternatives and challenges in creating the wind energy business.

“The Philippines’ waters have circumstances which are well-suited to offshore wind. This ample, indigenous power useful resource gives a possibility for the Philippines to spice up power safety, scale back greenhouse gasoline emissions, and improve renewable power provide,” Ndiame Diop, World Financial institution nation director for Brunei, Malaysia, the Philippines and Thailand, stated in an announcement.

Beneath a high-growth situation, the Philippines has a possible to put in 21 GW of offshore wind by 2040, accounting for 21% of its electrical energy provide.

In a low-growth situation, the Philippines can solely set up 3 GW, representing 3% of the nation’s energy provide.

The WB and DoE examine identified a number of potential offshore wind growth zones, resembling Northwest Luzon, Manila, Northern Mindoro, Southern Mindoro, Negros/Panay West, and Guimaras Strait.  

“It’s extremely possible that these six zones will be capable of present all of the 20 GW capability assumed within the high-growth situation as much as 2040, with the potential to offer all of the 40 GW capability assumed as much as 2050,” it added.

Nevertheless, the WB and DoE examine cited a number of challenges the Philippines faces in establishing a large-scale wind energy business, resembling excessive prices, lack of transmission community, restricted native provide chain, and international possession restrictions.

“Purely on a price of power foundation, offshore wind is dearer than different types of renewable power… To attach initiatives at giant scales sufficient to drive down the price of power, transmission grid upgrades and strengthening will likely be required to ship energy to demand facilities,” it stated.

The examine famous that offshore wind initiatives are at the moment coated by the 40% international possession cap. “Eradicating this restriction will permit using lower-cost worldwide financing and, due to this fact, assist scale back the price of power,” it added.

The roadmap additionally supplied suggestions for the federal government to efficiently develop an offshore wind business, resembling a long-term plan for offshore wind till 2050; establishing offshore wind growth zones; and investing in transmission, port and different power infrastructure.

“It’s clear from this roadmap that offshore wind can play a significant function in assembly our nation’s power demand indigenously, whereas additionally accelerating decarbonization,” Power Secretary Alfonso G. Cusi stated in the identical assertion.

The set up of extra wind energy will assist minimize the nation’s dependence on fossil fuels, which in 2020 accounted for about 79% of its energy era combine, authorities information confirmed.

Renewable power solely had a 21% share of the power combine in 2020, down from 34% in 2008, with photo voltaic, wind and biomass collectively accounting for rather less than 4%.

Coal accounted for almost 60% of the 2020 combine as many power producers opted for initiatives utilizing this gas.

The federal government goals to extend the share of renewable power to 35% by 2030 and to 50% by 2040.

The push comes because the Philippines, which is weak to weather-related disasters generally linked to local weather change, has pledged a 75% discount in greenhouse gasoline emissions by 2030 beneath the Paris Settlement on Local weather Change. — R.C.S.Agustin with Reuters

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