The UK’s BVG Associates said in its Offshore Wind Road Map study said the 3 GW threshold for offshore wind could be met by 2040, doubling to 6 GW by 2050 in a low-growth scenario, consistent with the government’s clean energy scenario goals.
Under the high-growth scenario, the Philippine potential for offshore wind is 20 GW by 2040 and 40 GW by 2050. “More OSW than 20 GW is likely to be needed eventually — also need large increase in onshore wind and solar,” the group said.The Department of Energy commissioned BVGA to study the technical, economic, environmental, social, employment, and financing potential of the offshore wind market.
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