The Department of Energy (DOE), together with the Climate Change Commission (CCC) and Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH, will be conducting a high-level symposium on renewable energy (RE) to discuss among stakeholders the developments and challenges in the RE sector.
The symposium, “Time for Renewable Energies to push through – Reaping the fruits of the RE Law”, will be held on 03 December 2013 at the Mandarin Oriental Hotel, Paseo de Roxas, Makati City.
In line with the 2013 National Energy Consciousness Month, the activity aims to raise awareness and be an avenue for information exchange on the RE implementation and policy regulations, roles of different sectors in the society on RE development, and incentive mechanisms for RE developer, among others.
Energy Secretary Carlos Jericho Petilla said that through public discourses, every sector in the society especially the host communities and RE developers, can learn and eventually embrace the importance of RE development in securing the energy needs of the country.
Among the topics that will be discussed is the status of RE development, which will highlight the roles of the Feed-In-Tariff (FIT) and Net Metering Mechanisms which are provisions under RE Act of 2008.
FIT offers emerging RE sources for electricity guaranteed payments on a fixed rate per kilowatt-hour for energy exported to the distribution or transmission network excluding energy utilized for eligible power plants’ own use.
Meanwhile, the Net-Metering refers to a system, appropriate for distributed generation, in which a distribution grid user has a two-way connection to the grid and is only charged for his net electricity consumption and is credited for any overall contribution to the electricity grid.
Participants of the said symposium will include representatives from the DOE and its attached agencies, CCC, National Renewable Energy Board, local government units, other government agencies, the academe, international partners, private companies and other RE stakeholders.