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Energy Transition Review for Enhancing Co-operation
…of renewables in the power generation mix to 35% by 2030 and 50% by 2040 – up from the 22% achieved in 2024. These objectives are articulated in the Philippine Energy Plan (PEP) 2023-2050, Volume II: Transitioning to Reliable, Clean, and Resilient Energy (hereafter “Philippine Energy Plan”) and the Power Development Plan (PDP) 2023-2050, which emphasise renewable deployment, energy efficiency, grid modernisation and resilient infrastructure. Natural gas is being positioned as a transition fuel that supports the shift from coal towards higher shares of renewables, while nuclear energy is being reconsidered as a stable, low-emissions source of electricity. Achieving...
