The Energy Regulatory Commission (ERC) has released draft reserve prices for the fourth round of the Green Energy Auction Program (GEAP), marking the first time that solar-plus-storage projects will be included.
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The ERC pegged the preliminary Green Energy Auction Reserve (GEAR) prices at PHP 4.7679 per kilowatt-hour (kWh) for rooftop solar, PHP 4.1480 for ground-mounted solar, PHP 5.9515 for floating solar, PHP 6.5134 for onshore wind, and PHP 5.2835 for solar with Battery Energy Storage System (BESS).
The Philippines’ government will tender for 9,378MW of renewables, comprising distributed and large-scale solar PV, including ground-mount, rooftop and floating PV, alongside onshore wind capacity.
The Energy Regulatory Commission (ERC) has released draft reserve prices for the fourth round of the Green Energy Auction Program (GEAP), marking the first time that solar-plus-storage projects will be included.
The Surallah solar plant in the Philippines, which is owned by ib vogt. Image: ib vogt. The Philippines Department of Energy (DOE) has started an auction scheme for renewable power paired with storage which aims to tender over 9GW of capacity.
The inclusion of floating solar—particularly prominent in Luzon with a total of 2,975 MW across the four years—highlights innovative land-use solutions, while energy storage addresses the intermittency challenges of renewables.
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