MODULE 2.3

2.3 Developments of Renewable Energy The Renewable Energy Act of 2008 was established to advocate the renewable energy development in this country. On December 3, 2021, the Independent Electricity Market Operator of the Philippines (IEMOP) established the Green Energy Option Program (GEOP) under the...

2.3 Developments of Renewable Energy The Renewable Energy Act of 2008 was established to advocate the renewable energy development in this country. On December 3, 2021, the Independent Electricity Market Operator of the Philippines (IEMOP) established the Green Energy Option Program (GEOP) under the Energy Regulatory Commission (ERC) Resolution No. 08, Series of 2021 [22]. Green Energy Option Program (GEOP) The GEOP is a policy for renewable energy that enables consumers to have the option to source renewable energy for their energy requirement. Advantages of the Green Energy Option Program includes the following [25]: ● Provides a smooth transition from non-renewable energy to renewable energy in the Philippines. ● Encourages global companies to invest in renewable energy plants in the Philippines. ● Supplies their energy consumer demand 100% from renewable energy sources. ● Provides awareness about renewable energy source transition to potential buyers. ● Mitigates the effects of climate change and energy reliability. The following are the renewable energy suppliers under the Green Energy Option Program (GEOP) as of February 2023 [23]: Renewable Energy Suppliers Renewable Energy Generated First Gen Solutions, Inc. Energy ● ● ● ● Geothermal Hydroelectric Solar Wind Bac-Man Geothermal, Inc. ● Geothermal AC Energy Philippines, ● Wind Inc. ● Solar Adventenergy, Inc. ● Hydroelectric Aboitiz Enegry Solutions, ● Geothermal Inc. ● Solar ● Hydroelectric Shell Energy Philippines, ● Solar Inc. ● Geothermal ● Hydroelectric ● Solar Citicore Energy Solutions, ● Solar Inc. ● Hydroelectric ● Wind ● Geothermal Prism Energy, Inc. AP Renewables, Inc. Therma Luzon, Inc. SN Aboitiz Power-Magat, Inc. SN Aboitiz Power-RES, Inc. Solar Powered Agri-Rural Communities Corporation Green Core Geothermal, Inc. DirectPower Services, Inc. ● Solar ● Biomass ● Solar Solutions ● Solar ● Wind ● Geothermal Mpower ● Solar Kratos RES ● Solar Solar Philippines Retail Electricity, Inc. EEI Energy Corp. Table 2. Renewable Energy Suppliers ACTIVITIES: ● Activity 1 Answer the following questions about what you understood after learning the Introduction to Renewable Energy: 1. In two to three sentences, how would you describe renewable energy? 2. Considering the climate and geographic features of your city, what type of renewable energy source would you consider the Philippines should maximize? Duration: 20-25 minutes ● Activity 2 Photo Contest