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Country report
Jun 2026
Energy Transition Review for Enhancing Co-operation
…of three key areas: the potential for nuclear power, for energy resilience and for grid modernisation in the Philippines. Executive summary The Philippines has clear targets and strong potential to advance towards a resilient, affordable and sustainable power system The Philippine power sector is undergoing a period of significant transformation, with rapidly rising electricity demand and evolving policy priorities. Electricity demand is projected to grow at an annual average of 5.4% between 2026 and 2030, driven by sustained economic and population growth, industrial development and electrification of end uses. Fossil fuels are currently the dominant source of power generation…