Philippines:

Philippines Geothermal Output to Rise 75% by 2030 (Manila Standard Today)

(Courtesy CIA.gov)

The Philippines Energy Department plans to expand the country’s geothermal power capacity by 1,445 MW by 2030 with total potential investments of P325,125 billion.

Renewable Energy Management Bureau director Mario Marasigan said in a forum the additional geothermal capacity target represented a 75-percent increase to the current installed capacity of 1,848 MW.

Visayas currently has the highest installed capacity with 915 MW. Luzon has 824 MW while Mindanao has 108 MW of geothermal energy.

Marasigan said the bulk of the new capacity, or 1,160 MW, is expected to be added between 2015 and 2020, with the additional geothermal installation target  entailing investments of around P261 billion.

New geothermal areas will account for 930 MW between 2015 and 2020, while the  expansion of existing fields is expected to contribute 230 MW.

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