A. INSTALLED, DEPENDABLE AND AVAILABLE CAPACITY
The Philippines' total installed generating capacity continued to grow by 4.6% from 17,944 MW in 2014 to 18,765 MW in 2015 equivalent to 821 MW increase. Coalfired power plants constitute the largest share in the installed and dependable capacity in 2015 at 32% and 34% respectively. Among renewable energy, hydro sources' share remained the highest at 19% majority of which comes from the Mindanao Grid. With the FIT incentives and continued support of the DOE and energy agencies and stakeholders, Variable Renewable Energy (VRE) such as wind and solar grew remarkably by 50.9% (144 MW increase) and 616.0% (142 MW increase) respectively from 2014 to 2015 as shown in Figure 1.
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