PH needs 8,000MW in additional power generation capacity by 2028

The Philippines needs an additional 8,000 megawatts of energy capacity by the end of President Marcos’ term to meet the projected 25,000-MW peak demand in 2028, the Department of Energy said. | MegINQ

This came after Mr. Marcos reiterated in his second State of the Nation Address the country’s goal of increasing the share of renewables in the energy mix from the current 22 percent to 35 percent by 2030 and 50 percent by 2040.

Lotilla had earlier admitted that the country still found it difficult to retire its existing coal plants, adding that “there is no way of denying that we need them still.” “Then we have some other sources that may come into line by 2028. Developments in technology are moving fast and I hope they move faster,” he said.According to the DOE, eight generation facilities became operational from July 2022 to June this year, increasing the Philippines’ installed capacity by 930.8 MW.

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