Financial Analysis Of A Hybrid Tidal Stream Energy System For Sustainable Island Electrification In The Philippines

  • Marianne Eleanor A Catanyag
  • Leonard Edward Travis
  • Michael Lochinvar Sim Abundo


Tidal Stream Energy (TSE) is emerging as an innovative solution to provide clean and reliable energy. TSE also has the benefit to conserve land, since the turbines are located in an offshore environment with strong tidal flows. This energy source has the opportunity to make a major difference in off grid areas, such as those found in the Philippines. As an archipelago of over 7000 islands, there are many “off grid” locations which are underserved or completely unserved with electricity.

The Philippine government has instituted a missionary electrification program designed to help the many off grid locations throughout the country. However, providing electricity for the citizens of these locations is difficult due to the high cost of produced energy in remote areas. To assist in this, the government has created a Universal Charge for Missionary Electrification (UCME), which is a subsidy from developed areas distributed to missionary areas to improve the affordability of generated power. However, the subsidy algorithm is largely based upon the OPEX of diesel plants.

Keywords: Tidal Stream Energy , CAPEX, OPEX, MEP


Download data is not yet available.


[1] Ahmed, S. (2017). Now Is The Time To Restructure The Philippines Electricity Sector - Prudent Change Would Give Cheaper Renewables and Natural Gas A Level Playing Field. Available at:
[2] Buhali Jr., M. L., Ang, M. R. C. O., Paringit, E. C., Villanoy, C., & Abundo, M. L. S. (2012). 1st Asian Wave and Tidal Conference. In Tidal in-stream energy potential of the Philippines: An initial estimate.
[3] Department of Energy. Department Circular no 2019-01-001 Prescribing the Omnibus Guidelines on Enhancing Off-grid Power Development and Operations
[4] Department of Energy. (2020, June 30). List of Existing Power Plants as of June 2020. Department of Energy. Retrieved October 11, 2021, from
[5] Energy Regulatory Commission (ERC). (2020, July 10). ERC Case No. 2020-11 RC In the matter of the petition for the approval of the availment from the Universal Charge for Missionary Electrification (UCME) for CY 2021 with prayer for the issuance of provisional authority. Retreived October 12 from:
[6] Institute of Policy Integrity. (2021) Social Cost of Green House Gases. Calculator available at:
[7] Interagency Working Group (IWG) for the Social Cost of Green House Gases. (2021, February). United States Government. Retrieved October 9 2021 from:
[8] IRENA (2017a) Accelerating renewable mini-grid deployment: A study on the Philippines. Available at:
[9] Fernández-Jiménez, A., Cruz, D. F.-de, Ruiz-Torres, J., Perrino-Blanco, J. L., & Jimeno-Almeida, R. (2018). Harnessing the energy of tidal currents: State-of-the-art and proposal of use in EV charging points. Proceedings, 2(23), 1504.
[10] Jones, B., Lee, C., Toro-Farmer, G., Boss, E., Gregg, M., & Villanoy, C. (2011). Tidally Driven Exchange in an archipelago strait: Biological and optical responses. Oceanography, 24(01), 142–155.
[11] National Electrification Administration. (2021, January). NEA 2020 Annual Report. National Electrification Administration. Retrieved October 11, 2021, from
[12] National Power Corporation. (2019). Performance Scorecard 2019. National Power Corporation. Retrieved October 12, 2021, from
[13] San Antonio Municipal Plan. 2019. San Antonio Municipal Planning and Development Office.
[14] SEforALL. (2019, October 22). Taking the Pulse Philippines Case Study. Sustainable Energy for All. Retrieved October 11, 2021, from
[15] US EPA. (2017). Green House Gas Emissions Hub. Retrieved October 13, 2021 from:
[16] Vogel, C. R., Taira, D. T., Carmo, B. S., Assi, G. R., Willden, R. H., & Meneghini, J. R. (2019). Prospects for tidal stream energy in the UK and South America: A review of challenges and opportunities. Polytechnica, 2(1-2), 97–109.
0 Views | 0 Downloads
How to Cite
Eleanor A Catanyag, M., Travis, L. E., & Sim Abundo, M. L. (2022). Financial Analysis Of A Hybrid Tidal Stream Energy System For Sustainable Island Electrification In The Philippines. Asian Journal For Convergence In Technology (AJCT) ISSN -2350-1146, 8(1), 28-35.