The Philippines has the potential to install 21 gigawatt of offshore wind power by 2040, equivalent to about a fifth of its electricity supply by then, according to a study released by the Department of Energy and the World Bank on Wednesday.
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The installation of more wind power will help cut the country's dependence on fossil fuels, which in 2020 accounted for about 79 per cent of its power generation mix, government data showed.
Renewable energy only had a 21 per cent share of the energy mix in 2020, down from 34 per cent in 2008, with solar, wind and biomass together accounting for a little less than 4 per cent.
Coal accounted for nearly 60 per cent of the 2020 mix as many energy producers opted for projects using the fuel.
The government aims to increase the share of renewable energy to 35 per cent by 2030 and to 50 per cent by 2040.
The push comes as the Philippines, which is vulnerable to weather-related disasters sometimes linked to climate change, has pledged a 75 per cent reduction in greenhouse gas emissions by 2030 under the Paris Agreement on Climate Change.