Abstract
This Stocktake and Options Report on Marine Renewable Energy for the Philippines is part of the efforts of the Southeast Asia Energy Transition Partnership in accelerating the shift towards modern energy systems, geared towards economic growth, energy security, and environmental sustainability. This paper aims to provide the necessary information to establish a starting point for the development of Marine Renewable Energy as a future sustainable low-carbon energy source in the Philippines.
This Report sets out and analyzes the following: (1) the various forms of indigenous marine renewable energy resources available in the Philippines, (2) the marine renewable energy technologies (e.g. marine floating photo-voltaics, tidal in-stream energy converters, wave energy converters, ocean thermal energy conversion systems, offshore wind, etc.) that may be suitable for the Philippines, (3) recommendations on the potential pathways, including policy and development support in harnessing clean energy from marine resource, and (4) collaboration opportunities with other forthcoming complementary marine renewable energy investment programs.
This Report is intended for use by the Philippines’ Department of Energy.