Power Development in the Phils in the Belt & Road Era

Date: 
Saturday, August 26, 2017
Time: 
4:30 PM
To: 
6:00 PM
Venue: 
Confucius Institute, 6th floor Ateneo Professional Schools 130 H.V. dela Costa St., Salcedo Village, Makati
As renewable energy continues to be adopted in today's world, it still faces various issues such as bottlenecks in capital costs, technical development, and market mechanisms. Potential renewable energy sources-such as wind, solar, and hydropower are plenty, but their far-flung locations make it a challenge for the country's existing infrastructure to transmit power efficiently. To answer this, a Global Energy Internet must be built, which is based on a smart grid using Ultra-High-Voltage transmission technology that is able to transmit this power efficiently across vast distances. 
 
The Belt and Road Initiative would make possible the construction of the Global Energy Internet. Using its technology, equipment, and experience, China has the ability build it in the Philippines, which has a wealth of water, high-quality wind and solar energy resources, suitable for large scale development and utilization.