Philippines waste-to-energy bidders advance in first government auction
In Cyprus, Traders Union reported that The Philippines is moving ahead with its first waste-to-energy auction as nine companies representing 12 projects with a combined 428 megawatts are identified for possible awards.
The projects, including bids linked to Prime Infrastructure Capital and San Miguel Corp., are targeted to begin commercial operations by December 31, 2029, subject to post-auction and regulatory requirements.
Nine companies have advanced in the special waste-to-energy auction and must complete post-auction requirements before certificates of award can be issued, according to the report.
The Department of Energy says the selected projects are expected to provide an additional source of electricity while helping local governments address solid-waste management challenges. The facilities are also expected to reduce the volume of improperly discarded waste that can clog drainage systems and waterways, supporting flood-mitigation efforts during heavy rainfall and typhoons, the report added.
Energy Secretary Sharon S. Garin says the first waste-to-energy auction opens opportunities to turn municipal solid waste into a productive energy resource and marks a step toward encouraging investments that can support electricity supply. She also says the priority is to ensure that these commitments translate into actual projects that serve the public.
Category: Policy
