Renewable energy comes from wind and other natural sources that are both abundant and inexhaustible. Emerging technologies that acquire energies from wind, water, and the sun differ from fossil fuels in that there is no burning, therefore there is no release of greenhouse gases and other pollutants into the atmosphere. Neither does their use give off toxic waste nor carry with it any risk of irradiation, unlike the use of nuclear energy.

In countries like the Philippines, renewable energy sources are abundant. Unlike fossil fuels where cost to produce electricity are mostly distributed between investments in plant facilities and the purchase of operating fuel, plant facilities that harnesses renewable energies like wind, require capital investments only, which are spent upfront. Operating fuel which is "wind" is free. One could interpret the initial investment cost of a wind plant facility includes prepaid fuel.

Click here to download the 2005 Socio-Economic Report from the National Ecomomic and Development Authority (NEDA)