Reglobal Org
Reglobal Org
The Department of Energy (DOE) of the Government of the Philippines has issued the Notice of Auction and the Terms of Reference (ToR) for the fifth round of the Green Energy Auction (GEA-5). The auction marks the country’s first competitive process dedicated exclusively to fixed-bottom offshore wind projects. The round offers 3,300 MW to be delivered between 2028 and 2030. The ToR detail the requirements, evaluation procedures, and submission timelines for developers.
The ToR includes several refinements. Only fixed-bottom offshore wind will be eligible, based on port and grid readiness. The supply delivery period is set at 20 years, with green energy tariff (GET) payments commencing at commissioning and wholesale electricity spot market registration mandatory. It introduces an expanded offshore wind infrastructure plan addressing grid connection, port usage, logistics, and key development milestones. It also specifies port access rules, queuing orders, and associated penalties in case of delays. Moreover, the ToR outlines updates to the bid bonds, performance guarantees, and GET entitlement rules. Additionally, lender step-in rights for project financing and continuity have also been incorporated.
The GEA-5 adopts a milestone-based process that links project development with government actions related to grid studies, port preparation, permitting, and construction. Coordination with the National Grid Corporation of the Philippines (NGCP), National Transmission Corporation (TransCo), and port authorities is expected, with successful bidders to receive priority for facility studies, renewable energy purchase agreements, grid-connection arrangements, and port scheduling. Pambujan port in Camarines Norte and Sta. Clara port in Batangas have been identified as the installation ports, with guidance to be provided for developers opting for private port use. The developers are now expected to prepare registration documents including wind resource assessment and infrastructure plans, with the DOE set to announce the pre-bid conference and registration schedule on its website.
























