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The Philippines utilizes renewable energy sources including hydropower, geothermal and solar energy, wind power and biomass resources. [citation needed] In 2013, these sources contributed 19,903 GWh of electrical energy, representing 26.44 percent of the country's electricity needs. [1]
The economic gains of renewable energy usage in the Philippines have not benefited the rural poor either, who are paying much more for electricity than urban users. In response, the national government enacted the Renewable Energy Act in 2008 to prioritize the use of renewable energy and to provide investment incentives for the private sector. [28]
The Philippines being situated on the fringes of the Asia-Pacific monsoon belt, exhibits a promising potential for wind energy with 76.6 GW. [7] Wind power plants are the third most operated renewable energy source in the country. Solar Energy. In 2015, three solar farms were constructed in the Philippines.
Geothermal power in the Philippines is the country's second largest source of renewable energy, and the fifth largest source of energy overall. Among sources of renewable energy, it is second only to hydroelectric power, although both sources are surpassed by the amount of energy drawn from coal, oil, and natural gas in that order. [1]
In 2013, the Philippines sourced 5.97% of its energy from oil-based sources. [7] As of March 2016, there were a total of 212 gas and diesel -powered facilities in the Philippines. [ 9 ] [ 10 ] [ 11 ] The large number of oil-powered power plants is a result of a lower per plant output compared to coal and natural gas.
Don Carlos Biomass Energy Corporation: TBA 10 2017 Under construction Misamis Oriental Biomass Energy Corporation: Misamis Oriental: 12 2017 Under construction Aseagas Corporation: Lian, Batangas: 8.8 2015 Ceased Operation San Carlos BioPower: San Carlos, Negros Occidental: 19.9 2015 Isabela Biomass Energy Corporation: Alicia, Isabela: 18 2015
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The Philippines could be considered one of the world leaders in renewable energy, with 25 percent of its power generation being powered by the renewable energy sector. [32] The Philippines is the world's second largest generator of geothermal energy and was the first Southeast Asian nation to invest in large-scale solar and wind technologies ...