Philippines introduces priority dispatch for renewables, opens market to 100% foreign investments

The government of the Philippines has introduced a new preferential dispatch policy for renewable energy in the country's wholesale electricity spot market. It has also started to amend the Renewable Energy Act to remove a 40% ownership cap on foreign investments in clean energy projects.The Department of Energy (DoE) of the Philippines has revealed that all renewable energy assets will be granted preferential dispatch in the Wholesale Electricity Spot Market (WESM). The DoE said that the preferential lane will be given to plants operating under the "Must Dispatch" and "Priority Dispatch" categories. ...

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