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Philippines unveils offshore wind power roadmap

The Philippines has released its offshore wind power roadmap, in which two scenarios are outlined for the development of the country’s wind power industry.
Philippines unveils offshore wind power roadmap ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – The Philippines has released its offshore wind power roadmap, inwhich two scenarios are outlined for the development of the country’s windpower industry.

The Philippines Offshore Wind Roadmap released this week by the PhilippineDepartment of Energy and the World Bank Group shows that the country has thepotential to install 21GW of offshore wind power with the right long-termvision, infrastructure development, investment, and policies.

The new roadmap charts the potential fordeveloping the offshore wind industry in two scenarios. The low growth scenarioprovides a roadmap for installing 3GW of offshore wind by 2040, making up 3percent of the country's electricity supply, while the high growth scenariooffers a roadmap for installing 21GW of offshore wind.

The roadmap shows that offshore wind plays animportant role in meeting the Philippines’ energy demand and acceleratingdecarbonisation, said Energy Secretary Alfonso Cusi.

According to the World Bank Group, the Philippines has 178 GW oftechnical offshore wind potential. In the high growth scenario, offshore windpower could create thousands of jobs by 2040 and provide billions in localgross value added to the Philippines' economy./.
VNA
#Philippines#offshore wind power#wind power#decarbonisation#Philippines' economy#electricity supply#Vietnamplus#Vietnam News Agency
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