Rapport
Publisert:
The Philippines: How to Leapfrog from a Complicated Renewable Energy Sector to an Attractive One
Skrevet av
Roman Vakulchuk
Seniorforsker, Leder for forskningsgruppen for klima og energi
Indra Øverland
Forsker I
Haakon Fossum Sagbakken
Tidligere ansatt
Hoy-Yen Chan
Muhammad Rizki Kresnawan
Monika Merdekawati
Red.
Sammendrag:
The Philippines set the target of increasing the share of renewable energy in its energy mix from 16.9% in 2019 to 26.9% by 2030. This ambitious target requires significant additional investment in renewable energy. It has been estimated that the Philippines could attract USD 20 billion in renewable energy investment through auctions between 2020 and 2030. To achieve this, the investment climate for renewables needs to be improved. Over the last few years, other ASEAN countries such as Vietnam, Malaysia and Thailand have been viewed as more attractive markets by foreign investors. We propose five actions that can improve the attractiveness of Philippines’ investment climate for renewable energy and help it join the regional race for investment: prioritise renewables in the energy governance system; enforce existing regulatory and fiscal policies; raise the targets and develop an investment roadmap; facilitate market entry for renewable energy investors; build capacity for renewable energy governance.
- Published year: 2020
- Publisher: ASEAN Centre for Energy (ACE)
- Page count: 3
- Language: English
- Journal: ACE Policy Brief Series
- URL 1: https://www.researchgate.net/publication/341794159
- URL 2: https://www.academia.edu/43231766/The_Philippines_How_to_Leapfrog_from_a_Complicated_Renewable_Energy_Sector_to_an_Attractive_One
- URL 3:
Skrevet av
Roman Vakulchuk
Seniorforsker, Leder for forskningsgruppen for klima og energi
Indra Øverland
Forsker I
Haakon Fossum Sagbakken
Tidligere ansatt
Hoy-Yen Chan
Muhammad Rizki Kresnawan
Monika Merdekawati