Department of Energy - Philippine Energy Plan 2017-2040
Overview
Empowering Philosophy: The Department of Energy (DOE) aims to empower Filipinos via informed energy policies and plans ("E-Power Mo").
Event Date & Venue: 9 October 2018, Grand Xing Imperial Hotel, Iloilo City.
Legal Basis
Public Mandate: Section 5.b under Republic Act No. 7638 (DOE Act of 1992) mandates the development and updating of the Philippine energy program for integrated exploration, development, exploitation, conservation, and distribution of energy resources favoring environment-friendly sources.
Policy Framework
Dutertenomics: Focus on infrastructure development with the "Build Build Build" agenda.
Ambisyon Natin 2040: Outlines strategic directions for the energy sector aimed at achieving broad societal goals.
Energy Planning Process
Conceptualization:
Demand projections and resource assessment.
Drafting of sectoral plans considering energy-related development.
Formulation:
Review and integration of directives, setting goals and updating roadmaps.
Finalization:
Secretary approval and public dissemination of the Philippine Energy Plan (PEP).
Implementation Review:
Monitoring, evaluation, and ongoing assessments of sectoral performances.
Key Components of the Philippine Energy Plan (PEP) 2017-2040
Performance & Outlook:
Energy demand and supply outlook projected until 2040.
Investment opportunities and sectoral plans identified.
Targets:
Total final energy consumption forecasted to increase to 89.7 MTOE.
Total primary energy supply expected to grow significantly, with coal and renewable energy sources' integration.
Climate Change Mitigation & Adaptation:
Integration of policies addressing emissions and vulnerability assessment of energy infrastructures.
Development of sustainable financing mechanisms and rigorous application processes for renewable energy projects.
Legislative Agenda & Institutional Framework
Introduction of landmark laws to support energy initiatives and projects:
E.O. No. 30 for natural gas regulation and energy resiliency.
Initiatives to boost nuclear energy discussions and legislation establishment.
Creation of energy investment councils and task forces ensuring timely action in crises.
Renewable Energy Focus
National Renewable Energy Program (NREP) initiatives:
Expansion of renewable energy capacity with measurable installed targets, including biomass, solar, wind, and hydropower.
Promotion of green jobs through clean energy projects.
Financial Mechanisms:
Fiscal and non-fiscal incentives to drive RE investments, including income tax holidays and feed-in-tariff systems.
Challenges & Barriers
Identified issues like high costs, non-competitiveness, and market accessibility impede energy policy implementation.
Addressing social acceptability and financial availability in renewable energy investments.
Future Energy Scenarios
Predicted scenarios focus on increasing renewable energy shares in the generation mix, aiming for:
35% by 2030, 50% by 2040, and about 60% by 2050.
Conclusion
The DOE aims to provide affordable, accessible, and environmentally sustainable energy to enhance the lives of the Filipino people, aligning energy policies with broader socio-economic goals and global standards.