Renewable Energy Targets 2023-2050
The Philippines has set legally-backed RE share targets in the power generation mix, established in the Philippine Energy Plan 2023-2050 and aligned with the Renewable Energy Act (RA 9513) .
Official Targets
| Milestone | RE Share in Generation Mix | Source |
|---|---|---|
| 2030 | At least 35% | [PEP 2023-2050 Vol. I, Overview p.2, 2023] |
| 2040 | At least 50% | [PEP 2023-2050 Vol. I, Overview p.2, 2023] |
| 2050 | More than 50% | [PEP 2023-2050 Vol. I, Overview p.2, 2023] |
These targets apply under all three scenarios (REF, CES-1, CES-2), though the pathways differ.
Baseline
- RE installed capacity 2022: 8.3 GW [PEP 2023-2050 Vol. I, p.16, 2023]
- RE generation share 2022: 22.1% of total generation [PEP 2023-2050 Vol. I, p.8, 2023]
- RE share of TPES 2022: 32.6% [PEP 2023-2050 Vol. I, p.8, 2023]
Capacity Required to Meet Targets
To reach 35% RE by 2030, the 2022 installed RE capacity of 8.3 GW must triple to approximately 26 GW (REF/CES-1) or 30.5 GW (CES-2) [PEP 2023-2050 Vol. I, p.16, 2023].
By 2050:
- CES-1: 114.8 GW of RE (74.4% of total 154.3 GW installed capacity)
- CES-2: Higher wind displaces other RE; RE share 73.7% of total 156.4 GW
Technology Mix Driving Targets
Under CES-1/CES-2, the dominant RE additions are [PEP 2023-2050 Vol. I, p.13-15, 2023]:
- Solar: grows from 1.8 TWh (2022) to 73.7 TWh (2050); 17.4%/yr
- Wind (onshore + offshore): grows from 1 TWh (2022) to 92.8 TWh (2050); 14.1%/yr
- Offshore wind: 19 GW (CES-1) or 50 GW (CES-2) — see Offshore Wind (OSW)
- Hydro and geothermal: continued development
- Nuclear: 4,800 MW by 2050 (not RE but low-carbon) — see Nuclear Energy Program (Philippines)
BESS Requirement
Variable RE (VRE) intermittency requires large-scale battery storage — see Battery Energy Storage Systems (BESS) and Energy Storage System Policy — [PEP 2023-2050 Vol. I, p.13, 2023]:
- 65 GWh BESS by 2030
- 466 GWh by 2040
- 1,021 GWh by 2050 (REF)
- 22.0 GW installed capacity by 2050 (CES-1)
- 24.7 GW installed capacity by 2050 (CES-2)
International Context
The Philippines’ RE targets align with and exceed several international benchmarks [PEP 2023-2050 Vol. I, p.19, 2023]:
- APAEC 2016-2025 Phase II: 23% RE share in TPES and 35% RE in ASEAN power capacity by 2025
- Global Renewables and Energy Efficiency Pledge: tripling RE capacity globally to 11,000 GW by 2030
- APEC aspirational target: 45% energy intensity reduction by 2035 (Philippines reaches this in 2028 under CES)
NREP 2020-2040
The National Renewable Energy Program (NREP) 2020-2040, adopted on 19 July 2022, is the DOE’s long-term program to achieve these targets. It established the institutional framework for managing RE development and serves as the umbrella for the policy mechanisms listed below. An updated NREP 2023-2050 is planned for promulgation. See National Renewable Energy Program (NREP) 2020-2040 .
RE contract portfolio (as of September 2023): 1,141 RE service contracts awarded, 121.0 GW potential capacity, 5.7 GW installed. Variable RE (solar and wind) accounts for 88.7% of potential [PEP 2023-2050 Vol. II, p.40, 2023].
Enabling Mechanisms
Key programs and policies driving RE deployment:
- NREP 2020-2040 (adopted 19 July 2022) — umbrella program; 35% by 2030, 50% by 2040 — see National Renewable Energy Program (NREP) 2020-2040
- CREZ (25 designated RE zones) — see Competitive Renewable Energy Zones (CREZ)
- GEAP (Green Energy Auction Program) — 5,307 MW committed via GEA-1 + GEA-2 — see Green Energy Auction Program (GEAP)
- RPS (Renewable Portfolio Standards) — 2.52% annual increment from 2023 — see Renewable Portfolio Standards (RPS)
- FiT (Feed-in-Tariff) — remaining 174.63 MW ROR hydro target; full sub. by 2025 — see Feed-in-Tariff (FiT) System
- Net Metering Program — 11,707 end-users, 101.5 MWp (Dec 2023) — see Net Metering Program
- GEOP — 286 customers, 96.3 MW (Dec 2023) — see Green Energy Option Program (GEOP)
- REM (RE Market) — Interim commercial operations since June 2022 — see Renewable Energy Market (REM)
- ERSP (Expanded Roof-Mounted Solar) — DC2023-12-0035; 3 business models — see Expanded Roof-Mounted Solar Program (ERSP)
- 100% foreign ownership in solar, wind, hydro, ocean energy (DC2022-11-0034) [PEP 2023-2050 Vol. II, p.43, 2023]
- SGGP (Smart and Green Grid Plan) — transmission readiness for RE integration — see Smart and Green Grid Plan (SGGP)
Research
- RE 35% by 2030 — DOE’s Plan and Feasibility Assessment — DOE’s plan and feasibility assessment for the 35% RE target by 2030