How many wind energy contracts are there in the Philippines?

In the Philippines alone, the Department of Energy has so far awarded at least 200 wind energy service contracts with an aggregate potential capacity of 80,263.53 MW. The seven installed facilities have a total capacity of 442.9 MW.

Where does wind energy come from in the Philippines?

The resulting resolution is 250 m. The greatest source of wind energy in the Philippines can be found in the northern and central areas, as well as the northern and central Luzon areas. Wind energy developers are highly interested in commercializing wind energy in the country due to this high potential.

How much wind power does the Philippines have?

Based on conservative assumptions of 7MW per km 2, these provinces have a 7GW potential of installed wind power capacity. When factoring in the areas that do not have good to excellent wind conditions, the Philippines would have a wind resource potential of approximately 170GW.

How to drive the wind energy sector in the Philippines?

To further drive the wind energy sector in the country, an increased demand for renewable energy, greater government commitments, and reduced wind power tariff are needed. As of 2021, all wind farms in the Philippines consist of onshore (land-based) wind farms.

Why is the Philippines a good place to invest in wind energy?

This and the government’s major renewable energy goals make the country fertile for domestic and foreign investors and wind energy developers. Also, reduced wind power tariff is good for the wind energy sector. In fact, the World Bank estimates that the Philippines could expand its total offshore wind capacity to 21 GW by 2040.

What is the potential offshore wind power capacity of the Philippines?

The potential offshore wind power capacity of the Philippines is 178 GW. The growing electricity demand due to the increasing population and growing standard of living means that energy in the Philippines is very expensive.