ELIGIBLE REPOWER PLANTS FOR RENEWABLE PORTFOLIO STANDARDS (RPS) COMPLIANCE FOR ON-GRID AND OFF-GRID AREAS as of December 31, 2021: Philippines. For more information please see below link:
South Korea raises renewable energy target to 25pc
South Korea’s ministry of trade, industry and energy (Motie) has raised the country’s renewable portfolio standard (RPS) policy from 10pc to 25pc. This is the first time the government has officially revised its RPS target since the policy was introduced in 2012. The new RPS policy will be effective from 21 October, six months after […]
ERC still firming up ‘price ceiling’ for RE auction under RPS
The Energy Regulatory Commission (ERC) is still firming up the pricing formula for the targeted ‘tariff ceiling’ that shall be instituted for the 2,000 megawatts of renewable energy (RE) capacity auction targeted by mid-June this year. Sharon Montaner, director of the Market Operations Service (MOS) and chief of the Renewable Energy Division of the ERC, […]
WoodMac: Large-Scale Solar Holds Cost Edge Despite ITC Stepdown, Coronavirus Impacts
Corporate demand and state mandates are driving utility solar installations, but voluntary procurements based on pure economics continue to dominate. Voluntary procurement of utility solar remains the top driver of U.S. utility PV in development, according to Wood Mackenzie. WoodMac defines voluntary procurement as procurement based solely on the economic competitiveness of renewables against other […]
Maryland Law Will Raise Renewables Target to 50%
Republican Governor Larry Hogan chose not to veto the law, but said he’d rather shoot for 100 percent clean electricity and include nuclear power. Maryland will raise its renewable electricity requirement from 25 percent by 2020 to 50 percent by 2030. The legislature passed the Clean Energy Jobs Act last month to enact this change, […]
Nevada’s 50% Renewable Portfolio Standard Clears Legislature
Nevada’s voters, governor and largest utility all supported more renewables. Legislators followed suit. A bill increasing Nevada’s renewable portfolio standard to 50 percent by 2030 cleared the state assembly on Friday with zero “no” votes, sending it to Governor Steve Sisolak’s desk. The bill unanimously passed the Senate on Tuesday. The governor’s office did not […]
NY Governor Wants Zero-Carbon Electricity by 2040
A “politically easy” move or an ambitious target? New York Governor Andrew Cuomo announced Monday that he will push for New York to transition to 100 percent clean electricity by 2040, in a statement outlining his agenda for early 2019. The announcement places New York in a small but growing group of states, including neighboring […]