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With 45GW of additional capacity required by 2040, 20GW of which will come from renewable energy sources, The Philippines is serious about the future of its energy sector.
In a Ernst and Youngs’ recent Renewable Energy Country Attractiveness Index (RECAI) report they ranked The Philippines as 27th out of 40 countries on the attractiveness of their renewable energy investment and deployment opportunities. Only 4 South East Asian countries made the list.
The Government has ambitious plans and is keen to secure it energy supply for the long term and agrees that renewable energy is one of the keys to achieving this.
Rooftop solar is widely seen as a solution with government support and private and residential sector adoption. A recent report by the Institute for Energy Economics and Financial Analytics details how rooftop solar in the Philippines has the potential to lower the cost of power and improve national energy security significantly.
Solar PV has already reached grid parity in The Philippines and development and adoption on a large scale are sure to follow.
The Department of Energy and local utilities are also investing in smart grid solutions and the DOE has recently launched its roadmap to support the adoption of smart grid technologies
Now in its 7th year The Future Energy Show Philippines is firmly established as the most important event for the sector. In 2020 you can expect:
• 8 tracks of conference content covering Solar, Power Generation, transmission and distribution, smart-grid, smart energy, and energy storage.
• 200 speakers sharing insights, innovations, and ideas
• 200 exhibitors showcasing the best renewable and smart energy solutions available from across Asia
• Over 8,000 attendees all looking to invest in solutions now
Come and build the future of energy in The Philippines.