The Philippines has the potential to install up to 21 gigawatts (GW) of offshore wind power by 2040 to meet the country’s growing demand, a study by the Department of Energy (DoE) and the World Bank (WB) showed. READ:
WIND TURBINES can be seen in a wind farm in Pililia, Rizal, April 25. — PHILIPPINE STAR/ MICHAEL VARCASfshore wind power by 2040 to meet the country’s growing demand, a study by the Department of Energy and the World Bank showed.
Under a high-growth scenario, the Philippines has a potential to install 21 GW of offshore wind by 2040, accounting for 21% of its electricity supply. However, the WB and DoE study cited several challenges the Philippines faces in establishing a large-scale wind power industry, such as high costs, lack of transmission network, limited local supply chain, and foreign ownership restrictions.
The roadmap also provided recommendations for the government to successfully develop an offshore wind industry, such as a long-term plan for offshore wind until 2050; establishing offshore wind development zones; and investing in transmission, port and other energy infrastructure.
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