Developing Future Energy Systems in the Philippines

Developing Future Energy Systems in the Philippines

The Philippines faces several energy challenges that must be addressed in the upcoming decade. One example is to replace the natural gas source that is powering one-third of Luzon, the country’s largest island and home to 110 million people (almost 60% of the nation’s population), which is expected to run out by 2027. An increasing reliance on imported fossil fuels to power the country will result in higher electricity prices, which are already among the highest in Asia. The island nation is also threatened by extreme weather caused by climate change, including rising sea levels, droughts and more intense typhoons. To address these challenges, the country has increased its Renewable Energy ambitions and aims to increase the share of Renewable Energy in the power system to 30% in 2030 and 50% in 2040.

The good news is that Renewable Energy Resources in the…