PHL leans on R.E. as it tries to wean itself off coal

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PHL leans on R.E. as it tries to wean itself off coal - Business Mirror

Quick Summary:

THE moratorium on new coal power plants has undeniably set the stage for energy transition, boosting the deployment of renewable energy (RE) projects and implementation of more RE policies at full speed.

However, the DOE said the country’s power generation mix cannot be directly compared with large economies like China and Indonesia due to significant differences in demographic, economic, and energy profiles.“We do not set aside our responsibility to ensure adequate baseload capacities in conjunction with our push to increase RE share in the power mix,” DOE Secretary Raphael Lotilla said.

Alsons Power Group’s 460MW generation capacity is still dominated by coal plants, but is pursuing, at the same time, wider diversification of its portfolio with various hydro and solar projects at different stages of development and implementation.