This piece is a briefing paper for incoming officials who will be elected during the May 9, 2016 elections who will be appointed subsequently.
Its message is basic: the government expects demand for electricity for the period 2012-2030 to grow by around 4.25%. The details are in the government’s Philippine Energy Plan 2012-2030. PEP 2012 also includes a Philippine Energy Efficiency Project (PEEP) which targets a 200-MW savings in electricity demand annually, bringing down the growth rate in demand to around 3.28%. The government also has a National Renewable Energy Program (NREP), which targets some 9,000 plus MW of capacity to be installed in 2012-2030.
Our remarkable finding is that the NREP targets are ENOUGH to meet all new demand up to 2030. Thus, there is no need to build any new coal or other fossil-fueled power plants in the future; renewables are enough.
For the details, please download the piece.