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No more Feed In Tariff!

Published May 15, 2021, 6:00 AM I was invited to the Joint Congressional Energy Commission meeting held last April 27, 2021. I was very encouraged again by the invitation to participate in the JCEC. We submitted to the JCEC the position paper of the consumer advocacy group which I lead, Laban Konsyumer Inc., on the power supply outlook and renewable energy law. Our position paper can be accessed in our website at www.labankonsyumercom. This is the big news on the removal of the Feed in Tariff or FIT. Secretary of Energy Alfonso G.  Cusi  in the Virtual Economic Briefing of the Philippine Embassy in Washington D.C. held on April 15, 2021 Philippine time, relating to the Philippine Energy Plan of 2018-2040, announced that “we have stopped the Feed in Tariff or FIT which proved to be a big mistake as it forced electricity prices in the country upwards. We cannot have our consumers shoulder the financial burden of such subsidies any longer. This holds true most especially since RE

[ANALYSIS] What must the Philippines do about climate change?

Renewable electricity – Renewable Energy Market Update 2021 – Analysis

IEA Copy to clipboard A quick look back at 2020 Despite pandemic-induced supply chain challenges and construction delays, renewable capacity additions in 2020 expanded by more than 45% from 2019, and broke another record. An exceptional 90% rise in global wind capacity additions led the expansion. Also underpinning this record growth was the 23% expansion of new solar PV installations to almost 135 GW in 2020. Policy deadlines in China, the United States and Viet Nam spurred an unprecedented boom in renewable capacity additions in 2020. China alone was responsible for over 80% of the increase in annual installations from 2019 to 2020, as onshore wind and solar PV projects contracted under China’s former FIT scheme, and those awarded in previous central or provincial competitive auctions, had to be connected to the grid by the end of 2020. In the United States, wind power developers rushed to complete their projects before expiration of the production tax credit (P

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