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DOE, World Bank to launch offshore wind roadmap - Vimarsana News

DOE, World Bank to launch offshore wind roadmap

Published: April 12, 2022

MANILA - The Department of Energy (DOE) and the World Bank Group (WBG) will be launching the country's first Offshore Wind Roadmap which aims to increase the share of wind power in the country's energy mix. The Philippine Offshore Wind Roadmap is commissioned by the WBG under the joint Energy Sector Management Assistance Program (ESMAP)-International Finance Corporation Offshore Wind Development Program. The roadmap will be launched on April 20. "The WBG has been working closely with the DOE to prepare this first-of-its-kind roadmap, which aims to tap the country's 178-gigawat...

Source: philippinetimes.com
Related Topics:
World Bank GroupEnergy Sector Management Assistance ProgramDepartment Of EnergyInternational Finance Corporation Offshore Wind Development ProgramNational Renewable Energy ProgramOffshore Wind RoadmapPhilippine Offshore Wind RoadmapManila The Department Of Energy Doe And World Bank Group Wbg Will Be Launching Country 39s First Offshore Wind Roadmap Which Aims To Increase Share Power In Mix Philippine Is Commissioned By Under Joint Sector Management Assistance Program Esmap International Finance Corporation Development Launched On April 20 Quot Has Been Working Closely With Prepare This Its KindHich Aims To Tap The Country 39s 178 Gigawatt Offshore Wind Potential Launch Will Be Another Opportunity Supporting Philippine Goal Move Away From Coal Towardsa More Sustainable Energy SystemUot The Doe Said Ina Statement Tuesday Offshore Wind Facilities Are Built Over Bodies Of Water Like Seas And OceansHich Have Higher Wind Speeds That Can Produce Larger Amount Of Power The Doe Said Agency Is Looking Forward To Collaborate With Stakeholders From Public And Private Sectors Both Here Abroad Discuss Possible Cooperation Partnership Strengthen Country 39s Energy It Added Launching RoadmapEcommendations On Policy And Regulatory FrameworksOng Term Vision For The IndustrySpatial PlanningRid Development And IntegrationNd Financing And Commercial Risks Will Be Discussed The Philippine Wind Energy Market Is Expected To Have An Average Growth Of 7 5 Percent Between 2019 2027Ccording To Market Intelligence And Advisory Firm Mordor Pursuing Wind Energy Projects Will Also Help The Country Achieve Its Targets Under National Renewable ProgramHich Aims To Increase Renewable Energy 39s Share In The Power Generation Mix 35 Percent By 2030 And 50 2040 Pna