Proponents of floating solar farm installations, which are members of the Philippine Solar and Storage Energy Alliance , are seeking approval for a higher green energy auction reserve price of at least P7.30 per kilowatthour.
In a position paper submitted to the Energy Regulatory Commission , PSSEA formally batted for P7.3661 per kWh as GEA-2 GEAR prices for solar PV on water. On the sphere of tariff-setting under GEAR, the group justified that “unlike in ground-mounted solar panels, solar PV on water incurs additional costs in construction and operations, including but not limited to, installation of floaters, anchoring and mooring of the system.”
PSSEA qualified that on previous comment it submitted to the ERC April 8 last year, it was originally praying for P8.86 per kWh GEAR price – based on the computations and assumptions that the industry players had come up with.
Source: Energy Industry News (energyindustrynews.net)
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