The World Wide Fund for Nature (WWF-Philippines) contests the figures cited by the Foundation for Economic Freedom (FEF) in their recent press release opposing the increase in solar energy installation targets.
The FEF claims the cost to the Filipino consumer for implementing these new solar projects amounts to PHP12 billion annually. When WWF’s own energy experts computed the cost of the new solar projects based on Feed-in-Tariff (FiT) rates and current electricity prices – the cost was just a little over PHP3 billion.
“WWF is ready to show its computations. FEF should immediately reveal how they arrived at these prices if they want to be transparent about their advocacy of opposing solar power for the sake of the Filipino people. So far, what we have are publicly-circulated statements without any technical explanation. Where did these figures come from?” asks WWF-Philippines Vice-chair and CEO Jose Ma. Lorenzo Tan.
 Figures don’t match
WWF doesn’t stand alone. The FEF figures also do not match the National Renewable Energy Board (NREB) figures. In WWF’s technical analysis, the additional 450 MW solar power installations with a FiT rate of PHP9.68 per kWh will only amount to an additional PHP3,279,744,000.
Solar plants operate at an average capacity factor of 20% because solar plants do not produce energy at night, or when cloud cover is heavy. Based on this, 450 MW of additional solar power plants shall produce an estimated 788,400,000 kWh a year.
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