COPENHAGEN – Energy Secretary Raphael P.M. Lotilla will take the podium at the world's largest energy event happening here this week to present the investment opportunities that the Philippine energy sector will be opening up to global investors, primarily the massive renewable energy (RE) installations that will cement the country’s energy transition pathway. The WindEurope 2023 Conference annual event gathers more than 10,000 participants from all over the world, primarily big-ticket players on wind project developments; as well as other global prime industry movers on RE and other clean technology solutions. Giving international investors a glimpse of what the Philippine energy sector can offer is very timely as the Department of Energy (DOE) will be administering the second round of its Green Energy Auction (GEA) by June this year. For the auction, the Philippines will be enticing both local and foreign investors to inject capital for the 11,600 megawatts of RE capacities targeted for addition in the country’s energy mix between 2024 to 2026 – and these projects shall be pursued in the various sub-segments of the RE sector – chiefly those on ground-mounted solar; roof-mounted solar; onshore wind, biomass, floating solar and waste-to-energy facilities. Lotilla is expected to share a major good news on the recent decision of the government to open key segments of the RE sector to 100-percent foreign ownership, primarily for wind and solar installations that have been attracting sweeping interests from international firms. For Danish investors, in particular, interests have been whetted on offshore wind developments, an investment sphere currently promoted enthusiastically by the energy department. The other investments they are also keen on pursuing will be solar, as well as waste-to-energy projects and even deployment of small modular reactor (SMR) on nuclear power ventures. Apart from enticing global companies to funnel their investments in the country’s energy sector, a delegation from the Philippines led by the DOE Secretary will also look at the all-important infrastructure buildup and improvements that the country will have to carry out to underpin the transformation of its energy mix – primarily the upscaling of port infrastructures; how the integration of variable RE (VRE) technologies can be done efficiently and on schedule with the delivery timelines of targeted capacities; as well as the subsequent advancements and maturity of energy storage systems. The Philippine delegation will also be apprised of the policy and regulatory toolboxes employed by various markets for them to attain success in their "green energy" shift, including the need to get projects off the drawing board with the right market design; the warranted reinforcement of supply chains; powering the decarbonization of industries and transport systems with RE; digitalization and making energy facilities cyber-secure; and how RE could be re-positioned as a "resiliency solution" after the strike of natural calamities or disasters. Other learning opportunities will touch on future innovations in the RE sector, including the wind-to-hydrogen experiment being done in Europe and the commercial risks that must be scrutinized by other markets, especially those that have the same potential for such innovation in their future clean tech solutions.