Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

  • HOME
  • ARCHIVE
    • Printed Issues Offshore Magazine
    • Downloads
  • ADVERTISE WITH US
  • FREE SUBSCRIPTIONS
    • Online OER Magazine
    • Digital Newsletter
  • MUST READ ARTICLES
  • CONTACT

Offshore Wind Roadmap for the Philippines

Wednesday, April 20 2022

Wind Energy – Philippines

Today The World Bank has published its Offshore Wind Roadmap for the Philippines.

Under a high-growth scenario, the Philippines could deliver 21GW of offshore wind by 2040, supplying +20% of local power demands, supporting +200k FTE local jobs and generating +US$14bn in economic benefits.

The roadmap provides 39 recommendations for next steps to overcome the challenges facing offshore wind development in the Philippines and capitalize on the many benefits it can bring.

There has already been a huge amount of private sector interest in this new market opportunity; so far, the Department of Energy Philippines has awarded 30 Wind Energy Service Contracts, representing +20GW of offshore wind capacity.

The roadmap is the first step in establishing the Philippines’ offshore wind market and we look forward to continuing to provide support to the government on journey ahead.

Download the report here.

Related posts:

  1. World Bank launches programme to expand offshore wind in developing countries
  2. Wpd plans wind farm in Philippines
  3. Pondera and Hanmi Global enter Third Korean Offshore Wind project
  4. Borssele Alpha offshore grid connection ready for North Sea wind power

Filed Under: International News, Philippines, Windenergy, World Bank Tagged With: Philippines, World Bank


Read Magazine Online


Event List

  • Reuters Events: Global Energy Transition 2022
    • 14/06/2022 - 15/06/2022
  • WindEnergy Hamburg 2022
    • 27/09/2022 - 30/09/2022
  • Offshore Energy Exhibition & Conference 2022
    • 29/11/2022 - 30/11/2022
    • Amsterdam
  • all events

Follow us on Twitter

Tweets door @OERnews

Copyright © Practica Productions - All rights reserved - 2022 cookies