Harnessing power from renewable energy (RE) through the Green Energy Option Program (GEOP) reduces at least 10% of electricity costs and advances the sustainability goals of businesses, according to entities like Globe Telecom, Inc. and Arthaland during the virtual sessions of “REalTalk: A Movement Building Workshop on Renewable Energy” held in March.
The Climate Reality Project Philippines is set to hold this year’s “REalTalk: A Movement Building Workshop on Renewable Energy,” which aims to engage and capacitate more Filipino Climate Reality Leaders and energy advocates to communicate the benefits and opportunities of renewable energy.
To join the celebration of World Food Day this October, we talked to Pinoy Climate Reality Leader Vincer Quibral about the interlinked challenges of the ongoing pandemic, climate change, and rising food prices.
Increasing the renewable energy share in the Philippine power mix to 35% by 2030 and 50% by 2050 would require policymakers to amend the Implementing Rules and Regulations of the Renewable Energy Act of 2008, revisit the Electric Power Industry Reform Act (EPIRA), and reinforce the implementation of Electric Vehicle Industry Development Act.
A new White Paper prepared by the Clean Energy Investment Accelerator or CEIA, an international initiative, shows that one payment scheme under the Green Energy Program (GEOP) offers a fixed discount from the monthly rate offered by the local distribution utilities, with the discounted rates potentially reaching 5 to 12 percent lower than the prevailing generation rate. It also underscores the slow uptake among energy consumers within the first 8 months of the GEOP’s implementation. Factors contributing to the lack of participation include limited awareness among potential buyers and inability for businesses who lease their facilities to engage directly with retail electricity suppliers.
Youth participation is critical in drafting the Implementing Rules and Regulations of Republic Act No. 11898 or the Extended Producer Responsibility Act and crafting more policies that will enable a circular economy. This was emphasized in our column Eleventh Hour this week written by our Communications Officer, Mary Jane San Juan.
