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This report by RMI details the development of transition credits to accelerate the retirement of coal-fired power plants, using a pilot project at the South Luzon Thermal Energy Corporation (SLTEC) plant in the Philippines as a case study. It outlines a four-phase framework for moving from project origination to concept development, emphasizing the need for high-integrity baselines, clean energy replacement portfolios, and just transition planning to ensure additionality and avoid moral hazard.

RMI conducted a pre-feasibility analysis in 2023 for a high-capacity coal plant in Indonesia to evaluate retirement and repurposing options. The study found that replacing the plant with solar and storage is the preferred solution, potentially avoiding tens of millions of tons of carbon emissions and generating tens of millions of dollars in free cash flow for equity investors, provided there is adequate land and cheap financing.

This case study by RMI details a pre-feasibility analysis conducted in 2023 for a representative coal-fired power plant in Indonesia. The analysis evaluated four scenarios for accelerated retirement and repurposing—including early retirement without repurposing, early retirement with clean energy repurposing, and biomass co-firing—to determine their financial, technical, and climate impacts for investors, utilities, and the electricity system.

This report by RMI analyzes three high-potential offshore wind development zones in the Philippines—Manila Bay, Tayabas Bay, and Guimaras—to accelerate the country's transition to renewable energy and address a looming energy crisis caused by the depletion of the Malampaya natural gas field.