Manila: Energy Secretary Sharon Garin expressed optimism for the country’s clean energy transition as the Department of Energy (DOE) issued a notice of auction and the terms of reference (TOR) for the fifth green energy auction (GEA-5).
According to Philippines News Agency, GEA-5 paves the way for the first competitive auction, specifically for fixed-bottom offshore wind (OSW) projects, the DOE said in a press release on Tuesday. Under this auction, 3,300 megawatts (MW) will be offered for delivery between 2028 and 2030. The DOE explained that ‘the TOR outlines the complete requirements, timelines, and evaluation procedures for participating developers.’
Sharon Garin stated, ‘This auction pushes offshore wind from potential to reality. With clear rules, milestones, and dedicated infrastructure planning, developers can now move from early studies to bankable projects.’ She emphasized that offshore wind could anchor the country’s long-term clean energy transition, noting that GEA-5 signals the Philippines is ready to compete for global investment.
The DOE identified Pambujan Port in Camarines Norte and Sta. Clara Port in Batangas as installation ports, providing guidance for developers who opt for private port arrangements. The TOR introduced several refinements, such as only accepting fixed-bottom offshore projects for auction, which must align with current grid and port readiness.
Winning bidders will receive a 20-year supply delivery period, with green energy tariff (GET) payments beginning with commissioning and wholesale electricity spot market (WESM) registration. The initiative includes strengthened offshore wind infrastructure plans covering grid connection, port use, logistics, and milestones. It also establishes clear port access and queuing rules, updated bid and performance bond rules, and provisions for force majeure and infrastructure-related delays.
The DOE has partnered with the National Grid Corp. of the Philippines, National Transmission Corp., and the Philippine Ports Authority (PPA), among others, for GEA-5, which is the pioneer auction formally aligned with port and transmission preparation with project milestones.
