Philippines Energy

Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...

The prevailing narrative of the Philippines’ energy sector in recent years has centred around energy security concerns and the challenge of meeting growing demand. Efforts to realign the energy sector were ramped up during 2017 with the launch of a couple of reforms targeting investment and the promotion of efficiency.

In response to public demand, the administration of President Rodrigo Duterte has expressed its commitment to reducing monthly energy bills, which have long weakened household purchasing power. Previous administrations have endeavoured to improve transparency across the sector and reduce energy costs, evident by the creation of the Electric...

One of the most important pillars of the reform agenda led by the Department of Energy (DoE) is ensuring energy security. With rising demand and the inevitable depletion of the Malampaya field, policymakers are looking towards alternative sources.

The signing of Executive Order No. 30 (EO 30) by President Rodrigo Duterte in June 2017 is set to nurture the long-term goals of the Philippine Energy Plan 2017-40 (PEP) by acting as a catalyst for major energy projects. The order seeks to address the lengthy and cumbersome permit process, which, in turn, has stalled investment and restricted...

As demand for energy continues to rise in conjunction with the growing economy, the Philippine upstream oil and gas segment is struggling to bring new domestic sources of hydrocarbons to the market. With the country’s most productive legacy fields now past their prime, investment is needed to tap into new fields and curtail the steady decline...