750 MW could be added by approved geothermal projects in the Philippines
Bacon-Manito geothermal power plant, Philippines (source: First Gen Corp.)
Alexander Richter
19 Nov 2015
The Philippines Department of Energy lists 43 approved geothermal projects with a planned power generation capacity of 750 MW.
The Philippines has more than 600 renewable energy projects for development in the pipeline, with potential capacity of over 12,000 megawatts (MW), data from the Department of Energy showed.
The data presented by the Philippines Department of Energy sows a total of 616 renewable energy projects having been approved and awarded by the agency, as of October 31, 2015. The number though does not indicate a status or when these projects would be completed or commissioned.
As of that day there are 344 Hydropower projects, 105 solar power projects, 65 biomass projects, 52 wind power projects, 43 geothermal projects and 7 ocean energy projects. The geothermal projects represent around 750 MW in potential power generation capacity.
There are about 272 renewable energy projects still waiting to be awarded/ approved by DOE with a total potential capacity of about 5,00o MW.
Of those projects two are geothermal. These projects are racing for the Feed-in-Tariff (FIT) allocation, an incentive given by the government to spur the development of renewable energy.
Source: Manila Times
