00:00The Department of Energy, or DOE, is set to launch the seventh round of the Green Energy Auction, or GEA
00:067, this year
00:07to accelerate RE deployment, particularly in Mindanao.
00:12The terms of reference for the auction are expected to be released by the second quarter of the year.
00:18GEA 7 will offer RE capacities nationwide, including a strategic and significantly increased allocation for Mindanao,
00:26which is estimated at five times the capacity offered in previous rounds.
00:31The auction aims to stimulate investments, address growing energy demand, and promote a more balanced power system across the country.
Comments