The Department of Energy (DOE) has apprised relevant industry stakeholders that if the line-up of green energy auctions (GEAs) will yield successful outcomes on capacity additions for the country, the generation rates across grids will go down by average ₱0.90 to ₱1.32 per kilowatt hour (kWh) to reach average ₱3 per kilowatt hour (kWh) level by 2029, which is strategically timed immediately after the tenure of the Marcos administration.
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