The government is currently experimenting on mixing different energies available in the country to ensure enough electricity will be generated for the country.
Energy undersecretary Loreta Ayson revealed that the government has been doing a simulation on energy by mixing the use of 1/3 coal energy, 1/3 natural gas and 1/3 renewable energy.
“We are working on these programs; we are doing a balance to use coal, natural gas, renewable energy. It is a work in progress. Despite being major emitters of carbon dioxide (cO2), a greenhouse gas which according to a consensus opinion of scientific organizations is a contributor to global warming, coal power plants or fossil-fuel power stations will still be used in generating power electricity since its systems are already in place,” Ayson said.
She also revealed that so far 682 contracts were approved by the government to generate the combined potential capacity of 13,600 megawatts once operational.
The government is aiming to triple energy capacity and generation by 2030-2050 and looking at 2030-2035 as increasing power output by 40 percent.
“We need investors, both local and foreign investors. In order to attract investors, the government will award incentives to those who will invest on renewable energy under the renewable energy law of 2008,” Ayson added.
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