2023-06-07 01:32
Higher renewable energy growth mandate takes effect
MANILA -The Department of Energy (DOE) has doubled the increment of renewable energy (RE) installations under its Renewable Portfolio Standards (RPS) policy in the main grid to 2.52 percent beginning this year in a bid to accelerate the agency's goal of increasing the share of renewables in the Philippine energy mix. This means that the increase in the share of RE in the supply portfolio of off-taker distribution utilities (DUs) must have a growth rate of 2.52 percent every year. Under the recently issued Department Circular No.

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