PH dismantling barriers to renewable energy boom

The Philippines is clearing the hurdles to accelerate the shift to green energy, taking to heart the global agenda of transitioning from fossil-based to zero-carbon energy production and consumption. This time, the government is banking on the private sector to harness cleaner sources of energy, and ultimately reduce reliance on fossil fuels. To get the ball rolling, it started overhauling the rules and policies governing renewable energy. Just recently, the Department of Energy (DOE) mandated distribution utilities, electric cooperatives and retail electricity suppliers to tap more renewables in supplying electricity to their customers. Under the Renewable Portfolio Standards (...

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