GBP highlights optimal power mix to achieve ‘energy security’

Given its anticipated economic growth and its installed energy capacity, the country’s optimal energy mix would be 70% conventional energy, 30% renewable energy, said the top official of Global Business Power Corp. (GBP).

“To achieve energy security, we must optimize the resources available to us whether they’re conventional or renewable,” he said, adding that GBP is working to ensure that its energy portfolio complement each other and readily addresses its customers’ diverse requirements,” said GBP President Jaime T. Azurin in a statement.

He said ancillary services would require a capacity equivalent to 22%, which could be sourced from the Philippines’ optimal energy mix calls for sourcing its requirement from 70% conventional a combination of conventional and renewable energy sources. — Victor V. Saulon