Philippines Set to Explore Hydrogen Sources with President's Approval
Key Ideas
- The Department of Energy in the Philippines is awaiting President Marcos' approval to award service contracts for hydrogen exploration.
- The focus is on increasing renewables' share in the power generation mix to 35% by 2030, with hydrogen seen as a climate-friendly option.
- Expertise and financial capability are key criteria for groups interested in hydrogen exploration activities in the country.
- The initiative has attracted international interest, with firms from Australia, Europe, and North America showing enthusiasm for hydrogen contracts in the Philippines.
The Department of Energy (DOE) in the Philippines is preparing to award service contracts for the exploration of hydrogen sources in the country pending President Marcos' approval. Energy Secretary Raphael Lotilla mentioned that while the department has selected participants, the contracts await the President's go-signal. The focus is on utilizing hydrogen as a cleaner energy source, aiming to increase renewables' share in power generation to 35% by 2030. The DOE is specifically looking for groups with expertise in hydrogen and the financial capacity to support exploration ventures. Additionally, the department is seeking 'naturally occurring' hydrogen sources. Earlier this year, the DOE designated areas in Zambales Ophiolite Complex and Central Luzon for native hydrogen exploration. International interest in the Philippines' hydrogen plans has been significant, with firms from Australia, Europe, and North America expressing interest in the contracts. The initiative is seen as innovative, with the Philippines being one of the few countries to allocate areas specifically for hydrogen exploration. The DOE has also introduced incentives through Department Circular No. 2024-01-0001 to encourage investments in hydrogen energy for power generation.