Our Choice, from Manila Standard

The following is our comment to the article that appear in Manila Standard article: Our Energy Choice

The author has outlined the fined points of going RENEWABLES, and we would like to follow up for the readers of our blog.

http://manilastandardtoday.com/www2/2012/07/03/our-energy-choices/

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EastGreenfields comment

The best way forward is to give incentives to all would be investors by immediately implementing the FIT, this is to encourage the rapid deployment of various RE technology.

Second is to follow up with the formulation of net metering to encourage distributed power generation on micro scale (residential).

Third and is tied with the net metering scheme is to implement the RPS, so that the generation / utilization mix of the distribution utilities will increase their RE portfolios.

There is no better choice but to implement now… fossil fuels are finite sources and prices will soon jack up to economically disastrous level when developed and developing countries compete for the supply.

There is mis-information when opponents of FIT says it will burden the end consumers… its true that there is cost to RE technology, but the question is by how much ? By how much FIT ALL will be when integrated to end users bill ? Compared to 67 cents increased since January 2012 to June 2012 and as compared to Php2.22 increased since January 2010 to June 2012. Computation by RE advocates varies from 1 cents to 50 cents per kW-hr impact to end users bill, but take note that these cost impact to end users is locked for 20 years! Within 20 years by how much rate increase will be by the fossil fuel based electricity will be? 2012 records show, in 6 months increase could be as high as 67 cents! And for 20 years how high would that be compared to 50 cents (the highest FIT rate, as last been publicly debated by the pros and cons) for the entire 20 years!

The choice is clear… we don’t have any recourse but to go RENEWABLES!