The financial impact of incentives in the proposed renewable energy bill (Senate Bill No. 2562) on Philippine wind energy power projects

Date of Publication

2007

Document Type

Master's Thesis

Degree Name

Juris Doctor

Subject Categories

Finance and Financial Management | Sustainability

College

Ramon V. Del Rosario College of Business

Department/Unit

Management and Organization

Thesis Adviser

Ma. Araceli B. Habaradas

Abstract/Summary

Despite having a potential of as much as 76,600MW of wind power, the Philippines has only commissioned 30MW of wind power. This paper examined the financials of a 20 MW wind farm in order to determine its attractiveness to private investors. This paper found that while incentives did improve the NPV and IRR of wind energy power projects when pursued at a low discount rate of 8% or lower. However, when the project's hurdle rate was adjusted to reflect those needed by private investor's (13.2%) or that of the ICC-NEDA hurdle (15%), the incentives had no impact in improving the project's NPV which remained in the negative. These financials showed that other incentives will be needed to increase private investments in the sector.

Abstract Format

html

Language

English

Format

Electronic

Accession Number

CDTG005200

Shelf Location

Archives, The Learning Commons, 12F Henry Sy, Sr. Hall

Physical Description

1 computer optical disc ; 4 3/4 in.

Keywords

Renewable energy sources—Law and legislation--Philippines; Wind power--Philippines

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Embargo Period

6-6-2023

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