ENERGY industry stakeholders are optimistic towards the further development of distributed energy resources (DER) in the Philippines, which primarily needs the government's efforts to create enabling policies. DER a small-scale unit of power generation that operates locally and is connected to a larger power grid at the distribution level. DERs are commonly used to manage a number of smaller power generation and storage methods in residential, commercial and industrial sectors. Speaking at the event, lawyer Jose Layug, president of Developers Renewable Energy for AdvanceMent Inc. (DREAM), highlighted the current renewable energy resources in the Philippines, citing data from the United States Agency for International Development and Climate Change and Clean Energy Project Study. Currently, the Department of Energy (DoE) is looking at revising the country's renewable energy (RE) target from the current 30 percent to 50 percent by 2040.

Source: Manila Times September 19, 2021 14:15 UTC