DOE to global RE players: Costs a hurdle in shift

Quick Summary:

THE Department of Energy (DOE) has raised a stumbling block in the country’s pursuit to a just and equitable shift to renewables.

The country has set a target of 35-percent RE share in the generation mix by 2030 and 50 percent by 2050.To achieve this, 52.8 GW of new RE installed capacity is needed is in the next 20 years, with investment coming from the private sector.

A Journalism Graduate of Letran College, Lenie Lectura is a multi-awarded veteran beat reporter of highly regulated industries, telco and energy.

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Article Details

Author / Journalist: Lenie Lectura

Category: BusinessStartups

Markets: Philippines

Topics: Energy Transition Renewable International Guevara Private “we Developers Assembly Development Sector

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 14:12:31 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 675 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 25107923

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 22 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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