There is currently a global shift towards renewable energy, as sustainable measures are being prioritized in order to care for the environment and our world in general.
The latest technology
There are many different types of technology available to produce the various forms of green energy. Common forms of renewable energy today include: wind, hydropower and solar energy. Wind energy can be used to pump water or generate electricity. Hydropower can be captured by moving water to generate electricity.
Solar energy is produced by the nuclear fusion power from the Sun being captured by solar thermal panels. Solar energy can be used to heat water and provide electricity. There is also biomass (energy derived from plants), geothermal power, and more. Renewable energy sources are often expensive to install, but are cheap to operate and provide long-term financial and environmental benefits.
The Philippines’ Green Plan
The Philippines was once referred to as the “sick man of Asia” when inflation was high and the GDP grew at a slow rate of 2% at the highest. Now, it has experienced an economic revival and has an estimated growing GDP of on average more than 6% annually until 2020. Due to its growing economy and rapid development, there is a naturally wide gap between energy demand and the availability on the market.
As many important websites like also We Build Value reported, to address the surge in demand for energy, the Department of Energy announced the Philippine Energy Plan (PEP) back in 2012. The goal is to supply clean energy at reasonable cost. As a part of the PEP, it has been guaranteed to supply electricity to each of the islands. Currently the power supply is largely provided by coal and natural gas, and the main source of clean energy is hydropower.
Hydropower supplies a significant portion of the country’s electricity, resulting in many hydropower plants being built to meet the energy demand via clean energy. In the Manila area, there were 8 hydropower plants built in 2014 and in late 2016, the project for the Pulanai Plant was announced to produce 10.6 MW.
MGen President and CEO Rogelio Singson said, “we believe the time is right to focus on building our green-energy capacity and we intend to be a key player in this expanding sector.”
As our world’s resources decreases, it is crucial to continue and ramp up this push towards clean energy. Energy transformation can both benefit a country as shown by the Philippines’ green plan, while also affecting our entire globe.
We will run out of resources at the rate that we have and also in general terms of availability, and it is required that we make a shift for both functional and environmental purposes. The better we take care of our environment, the better quality of life that we will also have with cleaner air, less pollution and a healthier environment in general. For the sake of our future and that of the earth, ‘green’ measures are required. (Hanna Johnson)