With the Covid-19 pandemic leading to reduction in fossil fuel consumption, Senator Win Gatchalian urged the government on Saturday to maximize the potential of renewable energy (RE) sources in the country and step up the energy transition.
“Now is the time to give renewable energy sources a boost as recent months have shown an increase in the generation of some power sources such as solar, geothermal, and biomass,” the chairman of the Senate energy committee said.
Gatchalian said he supports the move by the Department of Energy (DOE) to impose a moratorium on coal plants.
But he stressed that it should be accompanied by regulations encouraging the build out of flexible systems such as energy storage.
The imposition of lockdown in the country saw a drop in coal generation amidst a decrease in demand as operations of industrial facilities and commercial establishments slowed.
Gatchalian said there is a need to initiate the energy transition by cutting the red tape particularly for renewable energy projects and that there is already a mechanism in place that streamlines the permitting process for both foreign and domestic investors.
“The whole world is moving to energy and mobility transition so we need to keep up with the trend of generating power from renewable sources to include emerging technology such as green hydrogen,” he said.
The senator also underscored the need to have a sound policy and regulatory framework for the adoption of electric vehicles (EVs) as the country moves toward the promotion of sustainable transportation under the new normal.
Source: Latest Politics News Today (Politics.com.ph)
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