PH won't achieve RE target (and shouldn't try to)

THERE were a lot of numbers thrown around at the recent Philippine Electric Power Industry Forum in Iloilo, but the most significant one was probably that shared by James Villaroman, president and chief operating officer of Aboitiz Renewables. Going forward, Villaroman said, the Philippines will need to maintain an annual growth in electric generating capacity of between 6 and 7 percent to match up with the anticipated demand growth of about 6.6 percent.

2 percent, and that will not change by more than a tenth of a percent one way or the other until 2027, when the share of RE will begin to gradually increase. By 2030, however, it will only reach 32.5 percent — closer to the target than it is now but still short of it.Again, the above growth scenario is extremely optimistic.

Won't Achieve RE Target (And Shouldn't Try To)

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