The Philippines is projected to rely heavily on imported fossil fuel, even after 25 years. The RE Act will ensure this challenge will be addressed and the necessary RE polices will be put into action. Through its National Renewable Energy Program, the economy’s current RE based grid-connected installed capacity of 5440 MW is targeted to triple by 2030.
Most of this capacity will come from hydro and wind power (DOE, 2011). The RE Act will likewise address possible bureaucratic constraints in developing RE by streamlining the registration process and promoting transparency and open
competition. Future policy requirements to commercialize RE, such as the formulation of a feed in tariff (FIT) and bidding for its allocation, are being developed