Energy Development Corp. is hopeful that the next administration will continue to give focus on renewables as the country has begun a gradual transition from coal to clean power.
Hopefully, they will be able to continue that and probably consider more to better ease the transition to more RE moving forward,” he said during the Public-Private Collaboration event on Wednesday. If you look at the power generation mix of the country in 2015, about mid-40s is coal and by 2020, it increased to about mid-50s, about 54 percent. Carbon footprint of coal plant versus geothermal, it is seven times more,” Avante said.“With the coal moratorium, it actually provided exemptions on plants that are in the pipeline or are in the planning stage right now. So, we could see a situation that even by 2040, we will still have about 10 GW of coal installed capacity,” he said.
Source: Energy Industry News (energyindustrynews.net)
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