Thursday, August 11, 2016

DOE Taps USAID for Review of Energy Mix

Wazzup Pilipinas!

The Department of Energy is tapping technical experts to discuss possible collaboration in coming up with a responsive and dynamic energy mix for the Philippines.

Energy Secretary Alfonso G. Cusi met with members of the USAID’s Building Low Emission Alternatives to Develop Economic Resilience and Sustainability (B-LEADERS) recently to discuss the formulation of an optimal energy mix and look into local reserve requirements.

“Our main concern now is to increase the availability of quality, reliable, secure and affordable supply,” Secretary Cusi said, stressing the need for power supply amidst the fluctuating power supply situation of the county.

“We are also looking at establishing an “army of reserves” so that when there is lack of supply, we have something to rely on,” he added.

The DOE will be coordinating with the USAID B-Leaders and will form a team that will conduct a review of the current energy mix.

“We want to be certain on the decisions that we will make in order to entice more investments.” Sec. Cusi said.

The study will focus on the energy requirements for economic growth trends, load consumption profiles for energy consumers, emerging energy technologies and local industry readiness, transmission configurations and network development. The team will also look into the availability of indigenous energy for ensuring stable pricing to lessen dependence on energy that is dependent on international market prices.

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