Experts urged to ratify Minamata Convention to phase out mercury-added products পারদযুক্ত পণ্যের ব্যবহার বন্ধে মিনামাতা কনভেনশন অনুমোদনের আহ্বান সেন্টমার্টিন সৈকতে প্লাস্টিকের আগ্রাসন 72 birds die eating pesticide-treated masakalai Educate girls to save the planet শিশুর সর্দি-কাশি সারানোর ঘরোয়া উপায় 50 Books All Kids Should Read Before They’re 12 24 thousand under 5 children die of pneumonia in Bangladesh annually গ্রিনহাউস গ্যাস কমানোর লক্ষ্যে নানা উদ্যোগ Maldives: Eco-friendly product export destination for Bangladesh

Renewable energy could cut electricity rates by 30% — report


HEAVY RELIANCE on imported fossil fuels, high financing costs and uncompetitive market structures have contributed to make electricity prices in the Philippines among the highest in Southeast Asia, according to a report of a global research institute.

“If renewables enter the market, they have the potential to cut wholesale power prices by 30% and could dramatically change the structure of the market,” the Institute for Energy Economics and Financial Analysis (IEEFA) said in a report released on Wednesday.

The report by Sara Jane Ahmed, energy finance analyst at the institute, cited these as among the three key trends in understanding the current outlook of the Philippine power sector and how its prospects have improved for the country’s energy transition.

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Posted by on Sep 19 2019. Filed under Renewable energy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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