MANILA: The Philippines has the potential to install 21 gigawatt of offshore wind power by 2040, equivalent to about a fifth of its electricity supply by then, according to a study released by the Department of Energy and the World Bank on Wednesday.
The installation of more wind power will help cut the country’s dependence on fossil fuels, which in 2020 accounted for about 79% of its power generation mix, government data showed.
Renewable energy only had a 21% share of the energy mix in 2020, down from 34% in 2008, with solar, wind and biomass together…
