Target: Doubling RE projects by 2030

LAOAG CITY, April 14 (PIA) – Energy experts have raised the need to share successful renewable energy (RE) development experiences among the Asia-Pacific Economic Cooperation (APEC)-member economies to attain the goal of doubling RE projects by 2030.

Director Mario Marasigan of the Department of Energy’s Renewable Energy Management Bureau who co-chairs the APEC Expert Group on New Renewable Energy Technology (EGNRET), said it is important for member economies to share their RE roadmap so that the members may learn or can replicate from their experience.

The expert group began the 44th EGNRET meeting yesterday at the Fort Ilocandia Resort Hotel here with an overview of the RE program in the Philippines.

Meanwhile, the Asia Pasific Energy Research Center (APERC) likewise presented an outlook in doubling RE targets by 2030.

Chrisnawan Anditya of APERC said RE share to total installed capacity would have increased from 22 percent in 2012 to 33 percent in 2030 and 38 percent in 2040.

He said renewable energy capacity is growing at 4.2 percent with solar and wind power growing at 11.11 percent and 6.2 percent annually, respectively.

China is said to provide the largest share with 45 percent in 2012, 63 percent in 2030, and 68 percent in 2040 to total APEC renewable energy capacity.

The APERC data also showed that the Philippines is among the top five economies along with the United States, Indonesia, New Zealand, and Mexico with total installed capacity of geothermal power by 2030.

For wind development, China (9.3 percent), United States (3.6 percent), Korea (25.3 percent), and Australia (9.7 percent) are set to add capacity for wind power by 2030.

Expert group members from APEC-member economies in attendance to the four-day meeting are representatives from Chinese Taipei, Hongkong, Japan, Korea, Thailand,Singapore, United States and the Philippines.

Discussions today include the status of current EGNRET projects; development of project proposal for 2014 funding and the trend of renewable under low oil price circumstances.
A workshop on capacity building for Installers and System Designers for Solar PV Rooftop Installations is set on the third day while a site visit to renewable energy facilities in the towns of Burgos and Bangui is scheduled on the fourth day. (Frances Mae G. Macapagat)