• DOE, RE board agree on lower FIT rate for wind projects

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    THE National Renewable Energy Board (NREB) is asking the Energy Regulatory Commission (ERC) for a lower feed-­in-­tariff (FIT) rate for the second wave of wind power projects, as agreed with the Department of Energy.

    Energy Secretary Carlos Jericho Petilla said the NREB is seeking P7.93 per kilowatt (kWh) in FIT incentives for wind power installations.

    Petilla said the DOE and NREB have ironed out their differences and agreed on a FIT rate of P7.93 per kWh, compared with the first round peg of P8.53 kWh.

    However, he said the proposed rate is not yet final until it is approved by the ERC.

    “The proposed rate has been filed at the ERC last June 10, and it is up to the commission to decide on it,” the Energy chief noted.

    The proposed rate has a greater chance of being approved as the ERC does not want to have a FIT rate incentive higher than P8 kWh, he said.

    The initial wind installation qualified for FIT was set at 200 megawatts (MW).

    Renewable Energy (RE) players have been batting for a wider 500 MW to accommodate more projects.

    Three projects with an aggregate capacity of 250 MW were endorsed by the Energy Department for the second wave FIT rate.

    These are the 150 MW Burgos wind facility, the 81 MW Caparispisan and the 19 MW expanded capacity of Northwind.

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