Philippines: Offshore Wind Regulatory Framework

1. Offshore wind (OSW) is one of the world’s most promising renewable energy sources. Several countries such as the UK, China, Germany, Netherlands, and South Korea have already deployed Gigawatts of OSW capacity. In the Philippines, there is currently no installed capacity, but the potential benefits are numerous, and include: a large technical capacity potential  (>100 GW), the ability to deploy very large projects (e.g., >1,000 MW) without occupying valuable land in a densely populated country like the Philippines, and a clean and native source of energy. To responsibly develop a sustainable resource for the nation and attract OSW investors and developers,
it is crucial to maximize long-term certainty which includes the establishment of a well-designed and reliable regulatory framework. 

2. With that purpose, ADB is seeking a firm (the “Consultant”) to undertake analysis, recommendations, and stakeholder engagement, to assess necessary baseline information and assist the Philippine Energy Regulatory Commission (ERC) in determining their first OSW regulatory framework.