INTIEAPhilippines · Feed-In Tariff for Electricity Generated from Biomass, Ocean, Run-of-River Hydropower, Solar and Wind Energy ResourcesPolicyIn force

Feed-In Tariff for Electricity Generated from Biomass, Ocean, Run-of-River Hydropower, Solar and Wind Energy Resources

On 27 th July 2012 Energy Regulatory Commission adopted with modification feed-in tariff levels for renewable energy electricity proposed by the National Renewable Energy Board in May 2011. Energy Regulatory Commission Decision Case No. 2011-006 RM outlines that electricity…

Last changed 9 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Philippines · Year: 2012 · Status: In force · Level: National · Type: Voluntary

On 27 th July 2012 Energy Regulatory Commission adopted with modification feed-in tariff levels for renewable energy electricity proposed by the National Renewable Energy Board in May 2011.

Energy Regulatory Commission Decision Case No. 2011-006 RM outlines that electricity generated by the renewable energy sources has:

a priority for grid connection;

a priority purchase; and

benefit from fixed tariff to be paid over a fixed period of time (no less than 12 years).

Feed-in tariff are as follow:

Renewable source

Period of time

Feed-in tariff rate in PhP/kWh

Degression rate

Installation targets in MW

Wind

20 years

8.53

0.5% after 2 years from affectivity of FIT

200

Biomass

6.63

0.5% after 2 years from affectivity of FIT

250

Solar

9.68

0.6% after 1 year from affectivity of FIT

50

Run-of-river hydropower

5.90

0.5% after 2 years from affectivity of FIT

250

Above feed-in tariff rates will be valid for new applications for a period of three years unless, installation capacity targets will be achieved before that time. Afterwards, FIT rates will be adjusted.

In order to download full, pdf version of the Decision, Energy Regulatory Commission Case No. 2011-006 RM please,

Official source: http://www.erc.gov.ph/Issuances/Decision?pageIndex=6&displayYears=2012

Source

https://www.iea.org/policies/5477

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45056NewsIn force

The U.S. Army Just Called China’s Bluff in the Rare Earth War

Just recently, in a span of about six weeks, one impressive company was selected by the U.S. Army to build and operate rare earth processing facilities on an American military base…the first time the Army has ever done this. That same company closed $100 million in institutional financing, giving it a war chest of roughly $130 million. It was also formally added to the Russell 3000 Index. And it locked in MOU’s for feedstock agreements covering billions of tonnes of rare earth-bearing material from sources across Wyoming, Appalachia…

16 hours ago
INTEnergy Newsoilprice:oilprice-article-45052NewsIn force

Oil Prices Ignore the Warning Signs in Physical Markets

Oil price movements since the start of March this year have become the topic of dozens of discussions. Many have been puzzled by futures prices and why they haven’t gone through the roof given the severe disruption in Middle Eastern supply. It appears the reason is sheer optimism and a bet on market adaptability. However, there is a problem with that. Adaptability has limits. Many commentators like to compare the current oil price—and supply—situation to 2022, when Russia’s incursion into eastern Ukraine prompted an actual…

17 hours ago
INTEnergy Newsoilprice:oilprice-article-45054NewsIn force

The World’s Largest Sand Battery Is Now Online

Modern power grids require a constant, real-time balance between supply and consumption. Unfortunately, the integration of wind and solar energy makes power grids unstable due to the intermittent nature of renewable energy generation. To prevent localized grid blackouts or harmful voltage spikes, utilities are increasingly pairing renewables with battery storage and/or rapid-response natural gas plants to smooth out fluctuating supply. However, Finland has now come up with a rather eccentric method to store excess renewable energy and release it…

18 hours ago
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/australia_to_study_first_new_oil_refinery_since_60s-28-jul-2026-184235-article/?rss=trueNewsIn force

Australia to Study First New Oil Refinery Since 60s

Prime Minister Anthony Albanese Tuesday announced a study for a new refinery in Karratha in Western Australia, backed by A$4 million ($2.8 million) of government funds.

19 hours ago
INTEnergy Newsoilprice:oilprice-article-45055NewsIn force

Refined Fuels, Not Crude, Are Driving the Oil Market Crunch

Oil prices have just come off a fresh two-month high as the crude oil market has tumbled this week amid signals of de-escalation in the U.S.-Iran conflict. Despite the slump in crude prices and the extreme volatility in the past five months, the refined product market continues to tighten with refining margins at record highs because the supply of petroleum products is much tighter than crude supply. Refining margins held at record highs even as crude oil prices soared last week to $100 per barrel. That’s because global gasoline, diesel,…

19 hours ago