Renewable capacity rose 4% to 8,255 MW in 2022

By Alena Mae S. Flores – April 26, 2023, 7:15 pm
from manilastandard.net

The Department of Energy said Wednesday total installed renewable energy capacity increased 4 percent to 8,255 megawatts in 2022 from 7,914 megawatts in 2021, with the entry of new solar, biomass and hydro plants.

Under the DOE’s 2022 Renewable Energy Act Implementation Status Report, hydropower plants had the biggest installed capacity at 3,745 MW, followed by geothermal at 1,932 MW, solar at 1,548 MW, biomass at 603 MW and wind at 427 MW.

Coal captured bulk of the installed capacity at 44 percent, followed by RE at 29 percent, oil at 14 percent and natural gas at 13 percent.

The DOE targets to achieve 35-percent RE share in the country’s power generation mix by 2030 and 50 percent by 2040.

RE comprised 22 percent or 24,056 gigawatt-hours of the gross power generation last year.