Investments in Renewables: A Green Lining in Market Meltdown?

[niky]

They're still there. There are still CNG powered buses running the South Super Highway.

[pup2]

They're still there. There are still CNG powered buses running the South Super Highway.

Being from the north, I saw one for the 1st time ever (live) last week at the SSH when we went to batangas. Ganda ah!

[jpdm]

Being from the north, I saw one for the 1st time ever (live) last week at the SSH when we went to batangas. Ganda ah!

More CNG powered buses, jeepneys and taxis please....

[jatcos]

Can we consider nuclear as renewable? uranium ores are much abundant than silver daw..Atleast this could last for hundred years. I think technology and safety have improved since the Chernobyl accident considering that european and majority of industrialized nations are still dependent on nuclear..newer mars rover and voyager satellites are propelled by nuclear power..and im thinking sooner a nuclear powered automobile..hmm..

Nun bata pa ako akala ko pagdating ng 2010 lumilipad na ang sasakyan..ngayon malapitna ang 2010 naka lapat parin ang gulong..sadyang panaginip nalang ng bata..hehe..
what happened to the electric car??

[jpdm]

what happened to the electric car??

are you referring to the e-jeepneys?

They are now allowed to be registered and given plate numbers. They can now ply their respective routes...

[jpdm]

Philippine Star
December 5, 2008

Greenpeace's Solar powered parol

A Greenpeace activist adjusts solar panels for a solar-powered Christmas lantern before presenting it to the Senate yesterday. The presentation was made ahead of the Dec. 6 Global Day of Action to coincide with the United Nations’ climate change meeting in Poland. Manny Marcelo

alternative energy!

[jpdm]

Manila Times
December 18, 2008


[SIZE=4]Industry Players Upbeat on Renewable Energy Projects[/SIZE]



[SIZE=3]INDUSTRY players expect the country to be awash with investments in renewable energy[/SIZE] projects following the signing of the Renewable Energy bill in Malacañang on Tuesday.


“This is a welcome development not only for the industry but also for the country as well. It is a step in the right direction especially with the government’s thrust to become energy self-sufficient while at the same time accelerating the development of indigenous renewable energy resources,” Ernie Pantangco, Philippine Independent Power Producers Association president, said.



With the renewable energy legislation in place, more investments for “green” projects such as solar, wind and geothermal resources are expected to push through, he said.


At present, the country is ahead in geothermal production—next only to the United States—through Lopez-controlled Energy Development Corp., which has over 1,200 megawatts of capacity.



Other renewable sources remain under developed because of the huge investment costs required to put up such projects.



The country’s self-sufficiency has risen from 45 percent in 2000 to 57 percent in 2007. In terms of power generation, the self-sufficiency level has also risen to 57 percent from 45 percent in 2000.

Perez said the Renewable Energy Law provides a generous package of fiscal and non-fiscal incentives that would accelerate the industry’s growth, and help the government meet its energy self-sufficiency target.



“The newly signed law also sets clear policy directions for [renewable energy] development to ensure its long-term sustainability,” he said.




“Energy demand places increasing burden on our natural resources and our environment. To sustain growth and manage the environmental impacts, it is imperative that we put in place enabling regulatory environment to promote the use of renewable energy,” Perez said.

Great news!

[jpdm]

From manila times
October 26, 2008


Can we consider this as an alternative?

Are we ready for a nuclear power plant?

Manila Times
December 24, 2008

Government Mulls Bataan NUke Plant Revival

by Euan Paolo Anunoevo

[SIZE=3]The government, through state-owned National Power Corp. (Napocor), has signed a deal with Korea Electric Power Corp. (Kepco) on the possible revival of the mothballed Bataan Nuclear Power Plant (BNPP).

[/SIZE] In a statement on Tuesday, Napocor said that it has signed a memorandum of understanding (MOU) with Kepco for the conduct of studies on the reactivation of the nuclear plant in Morong town of Bataan province, 150 km northwest of Manila.


The memorandum does not give Kepco any preferential rights to future projects or plans that Napocor may undertake in connection with the country’s only nuclear power plant.


The first nuclear power plant in the Philippines, the 630-megawatt BNPP was supposed to operate commercially in the 1980s but was mothballed because of extreme opposition from environmental and activist groups.
The protesters claimed that then-President Ferdinand Marcos personally gained millions of dollars from the Westinghouse-built plant and that the nuclear plant sat on an earthquake fault.



The government previously expressed interest in rehabilitating the Bataan nuclear plant as well as putting up new ones to ensure the country’s long-term power supply. Its plan came in reaction to wild swings in the world prices of oil from late 2007 to the third quarter of 2008 that caused spikes in food prices in the Philippines and other countries heavily dependent on imported oil for their energy needs.

The Department of Energy is looking at possibilities of boosting local technical capability in nuclear engineering in line with the country’s possible harnessing of nuclear energy.


At present, Napocor can only tap about a hundred nuclear engineers for any future nuclear power plants. In the 1980s, 710 engineers were trained by Westinghouse and EBASCO Overseas Corp. for possible deployment to the Bataan Nuclear Power Plant.


The Napocor-Kepco tie-up would enable the government to shore up its manpower in nuclear technology.



The agreement specifically covers exchange of data; activities related to determine the feasibility of the possible rehabilitation of the Bataan nuclear plant; exchange of visits by experts, engineers and technicians in nuclear power generation; and cooperation in nuclear power plant rehabilitation, operation and maintenance and other related business fields.



KEPCO also is South Korea’s electric utility monopoly, supplying around 90 percent of the country’s electrical power.

It think the nuclear plant should be revive in a BOT basis using new technology..