D.O.E. awarded 616 contracts since enactment of R.E. law 7 years ago

by Lenie Lectura – November 17, 2015

from Business Mirror

THE Department of Energy (DOE) has awarded 616 renewable-energy (RE) contracts seven years after the Renewable Energy Act of 2008 was enacted into law.

As of end-October this year, the agency said these contracts have a potential generation capacity of 12,128.30 megawatts (MW), as against a total installed capacity of 2,950.86 MW.

Of the 616 RE projects awarded by the government, 343 are hydropower, 93 solar, 51 wind, 40 biomass, 43 geothermal and seven ocean energy. These 577 contracts were awarded for grid use.

On top of these, there were 39 RE contracts awarded for self-generation of electricity for their own use. These include one for hydro and wind 12 for solar and 25 for biomass.

The latest DOE data also showed that there are 272 pending RE projects, 191 of which are hydro, 61 solar, two ocean, five biomass, 11 wind and two geothermal.

The potential generation capacity of these pending RE projects could reach 5,031.82 MW, as against an installed capacity of 177.11 MW.

The DOE data also showed that there are 23 biofuel projects to date, 12 of which are bioethanol and the remaining 11 are biodiesel.

Under the National Renewable Energy Plan, the DOE aims to increase the country’s RE generation to 15,304 MW by 2030.

The DOE has already streamlined the process of RE applications—from two years down to just 45 days—to ensure that RE developers and investors will have an easier time in applying for RE service contracts.

Moreover, the DOE has partnered with the United States Agency for International Development to develop Energy Vehicle One Shared System (EVOSS), a web-based monitoring of RE applications.

Originally patterned from the One-Stop Facilitation and Monitoring Center Web Portal for Mindanao RE projects, spearheaded by the Mindanao Development Authority together with the DOE and other concerned agencies, the EVOSS aims to facilitate and streamline the process of RE applications side-by-side the increase in the efficiency of all concerned agencies, while fostering a strong private-public sector partnerships built on good governance, transparency and accountability.

The EVOSS can track the number of days an application is pending with a certain government agency. It tells the status of an application, and states how long before an approval is secured, among others.

To promote the use of RE on a larger scale and to attract new investments for RE facilities, the government is banking on the feed-in tariff (FiT) system.

FiT is a premium rate paid for electricity fed into the electricity grid from a designated RE generation source, like solar energy system or wind power plant.