Offshore Wind Regulatory Framework Advice Project Dates: January 2022 - December 2023
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PROJECT OBJECTIVE

This project is part of the bigger Philippines Policy-based Loan Climate Change Program to support ERC in designing a regulatory framework to support a new and high-potential RE source in the Philippines to:
 
·    Assess cost recovery methodologies.
·    Suggest grid connection and reinforcement cost allocation.
·    Design grid connection and grid code standards

PROJECT DESCRIPTION

The project also aims to fast-track the predevelopment stage and reduce risks to investments for OSW projects. While the focus of these two projects is on OSW, they will be the foundation for all other marine renewable energy projects. The primary objective of the two projects are a. Project 1 on MSP: The aim is to establish an OSW MSP tool for the Philippines, to facilitate the development of 31.5GW OSW projects, reduce uncertainties and potential conflict during subsequent project development stages. Annex 3 MSP Terms of Reference provides other specific objectives of this project. b. Project 2 on OSW Permitting: The aim is to develop an efficient permitting process for OSW in the Philippines that is in line with international best practices. Annex 4 Permitting and Consenting for OSW Projects Terms of Reference explains the specific objectives of this project.


SECTORS OR AREAS OF WORK
  1. Energy policy and planning


BUDGET

USD 1,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. ADB - Asian Development Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
GOVERNMENT PARTNER
  1. None
BUDGET

USD 1,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. ADB - Asian Development Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
GOVERNMENT PARTNER
  1. None