Why the Time Is Right for Renewable Energy in articles about solar energy in the philippines the Philippines World Resources Institute
Search Not sure where to find something? Search all of the site's content. WRI relies on the generosity of donors like you to turn research into action. You can support our work by making a gift today or exploring other ways to give. The question now is: Will its national government seize the opportunity? High-level executives of the incumbent Duterte administration — including Department of Finance Assistant Secretary Paolo Alvarez and Department of Energy Undersecretary Felix William Fuentebella — provided reactions of support for a clean energy transition. They were joined by a line-up of leading political candidates expected to figure prominently in the crucial May 2022 elections, the first national election since the COVID-19 pandemic. To exacerbate this economic and human catastrophe, the intermittent reliability of fossil fuel plants has led to forced power outages and unplanned maintenance. In the first half of 2021 alone, 17 power-generating companies went offline and breached their plant outage allowances as a result of the so-called manual load dropping to preserve power grid stability. Rolling blackouts, which historically only happen in the hottest months of March and April when hydropower plants underperform due to water supply scarcity, have continued well through July, disrupting school and work for millions. The power supply instability may also be affecting COVID-19 vaccination rates , since vaccines need stable energy to meet temperature-control requirements. World Resources Institute 10 G Street NE Suite 800 Washington DC 20002 1 729-7600 Furthermore, the widespread adoption of renewable energy creates employment opportunities up and down the supply chain. The renewable energy sector already employed 11 million people worldwide as of 2018. A May 2020 report by McKinsey showed that government spending on renewables and energy efficiency creates 3 times more jobs than spending on fossil fuels.
A cyclist passes the 32,000-panel Valenzuela Solar Farm in Manila. Investing in renewable energy could create a more stable electricity system while helping the Philippines rebound from economic downturn. Photo by Lisa Marie David and IMF Photo/Flickr  Investing in renewable energy now should be one of the country’s priorities in order to alleviate several problems it faces. For one, it could provide a much-needed economic boost and quell fears of a U-shaped recovery. According to the World Economic Forum , citing numbers from the International Renewable Energy Agency , every dollar invested in the clean energy transition provides 3-8 times the return. This website uses cookies to provide you with an improved user experience. By continuing to browse this site, you consent to the use of cookies and similar technologies. For further details please visit our While the national government has already taken some steps to transition away from fossil fuels, coal continues to dominate the Philippines’ power supply. This unprecedented, truly bipartisan show of support for the energy transition and for climate action in the Philippines marks a historic turning point — political leaders across party lines have somehow unified toward a common cause. There’s a solution to the Philippines’ economic and energy woes: investing more in renewable energy development. Indeed, the country could finally be at a critical turning point in bringing its outdated energy system into the future. Renewable energy also reduces health risks since higher consumption of fossil fuels increases air pollution. Why the Time Is Right for Renewable Energy in articles about solar energy in the philippines the Philippines World Resources Institute
Why the Time Is Right for Renewable Energy in articles about solar energy in the philippines the Philippines World Resources Institute
Like many developing countries, especially those in Asia, the Philippines needs to respond and recover fast to the economic impacts and human devastation of the COVID-19 pandemic. Investing in climate-proof, economically smart renewable energy will put the country on the right path. Rather than continuing to rely on unstable, polluting fossil fuels, the Philippines has an opportunity to embrace the support of the private sector and the public, lead among its peers in the region, and chart a bold path toward a renewable energy future. The Philippines’ current blackouts, and the associated energy supply and security challenges, have already prompted multi-sectoral, bipartisan calls for action to transform the country’s energy system. articles about solar energy in the philippines The island nation also remains highly vulnerable to the impacts of climate change. In the last few years, as potential impacts become clearer, climate action has become an important issue for energy supply, energy security, job creation and post-pandemic essentials like cleaner air and a healthy planet. Additionally, renewable energy can provide electricity access for all while reducing electricity costs for consumers. While millions of new consumers gained access to electricity since 2000, some 2 million people in the Philippines are still without it. Decarbonized and decentralized power generation systems that do not require pricey, massive and logistically challenging transmission networks in rugged and remote terrains would further the goal of total electrification. Providing consumer choice for low-cost clean energy sources can also result in savings and better profit margins for businesses, particularly small- and medium-sized businesses, which are more sensitive to changes in their month-to-month operational expenses than larger corporations. Things look very different today. Over the last year, the Philippine economy registered its worst growth in 29 years. About 4.2 million Filipinos are unemployed, nearly 8 million took pay cuts and 1.1 million children dropped out of primary and secondary education as classes moved online. Finally, the low-carbon energy transition will help thwart climate change and reduce the carbon intensity of the Philippines’ power sector, as well as improve its energy system resilience. Since the Philippines is made up of more than 7,000 islands, distributed renewable energy systems that are not dependent on the transportation of fuel are well-suited to the country's geographic profile. This reduces the need for extra-long transmission lines that can be exposed to intense storms or other natural disturbances. DREs, especially those backed by batteries, can provide fast backup power during calamities, making the energy system more resilient. At the same time, the May 2022 elections will see 4 million first-time Filipino voters, most of whom are increasingly climate-aware youth. This number — about 10% of total votes cast — is significant, meaning climate policy and ambitious renewable energy plans could be decisive in the election’s outcome. But this may be poised to change: On July 29, 2021, a group of leading companies headed by Toyota Motor Philippines released a joint statement of support pushing for a rapid, full implementation of the GEOP. Notably, Toyota Philippines was joined by AC Energy, the energy arm of the country's oldest conglomerate, which last year announced to great fanfare its plans to fully divest from coal by 2030 on the way to becoming Southeast Asia’s largest listed renewable energy developer. 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Grazio/Flickr Vignette Topic Energy Region Asia Social Twitter LinkedIn Facebook Email Print More on renewable energy Clean Energy climate change coronavirus More on renewable energy Clean Energy climate change coronavirus Prior to the COVID-19 pandemic, the Philippines’ economy was humming. The country boasted an exemplary 6.4% annual GDP growth rate and was part of an elite list of countries experiencing uninterrupted economic growth for more than two decades . solar heating system scholarly articles