Background
The Development for Renewable Energy Applications Mainstreaming and Market Sustainability (DREAMS) Project is a five-year project being implemented by the Department of Energy (DOE) through its Renewable Energy Management Bureau (REMB) in partnership with the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP).
The objective of the DREAMS Project is to reduce GHG emissions through the promotion and facilitation of the commercialization of renewable energy (RE) markets through the removal of barriers to increase investments in RE-based power generation projects. This will be achieved through (1) enforcement of a supportive policy and regulatory environment for leveraging investment in RE development and applications at the local level, (2) strengthened institutional capacity that leads to increased RE investment at the local level, (3) capitalized RE market to increased share of RE-based power capacity, and (4) RE commercialization to increase confidence of local RE developers that leads to an enhanced uptake of RE projects and successful replication using proven and emerging RE technologies.
The project assists Local Government Units (LGUs), Electric Cooperatives (ECs), National Power Corporation-Small Power Utilities Group (NPC-SPUG), Qualified Third Parties (QTPs), New Power Producers (NPPs) and Barangay Power Associations (BAPAs) through the Localized RE Planning Capacity Building (LREP Cap Build) Program of the project to promote and increase RE investments at the local level. The assistance given to these partners are in the form of trainings and technical assistance to promote, develop, implement and manage RE projects at the local level.
The Development for Renewable Energy Applications Mainstreaming and Market Sustainability (DREAMS) Project is a five-year project being implemented by the Department of Energy (DOE) through its Renewable Energy Management Bureau (REMB) in partnership with the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP).
The objective of the DREAMS Project is to reduce GHG emissions through the promotion and facilitation of the commercialization of renewable energy (RE) markets through the removal of barriers to increase investments in RE-based power generation projects. This will be achieved through (1) enforcement of a supportive policy and regulatory environment for leveraging investment in RE development and applications at the local level, (2) strengthened institutional capacity that leads to increased RE investment at the local level, (3) capitalized RE market to increased share of RE-based power capacity, and (4) RE commercialization to increase confidence of local RE developers that leads to an enhanced uptake of RE projects and successful replication using proven and emerging RE technologies.
The project assists Local Government Units (LGUs), Electric Cooperatives (ECs), National Power Corporation-Small Power Utilities Group (NPC-SPUG), Qualified Third Parties (QTPs), New Power Producers (NPPs) and Barangay Power Associations (BAPAs) through the Localized RE Planning Capacity Building (LREP Cap Build) Program of the project to promote and increase RE investments at the local level. The assistance given to these partners are in the form of trainings and technical assistance to promote, develop, implement and manage RE projects at the local level.