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Philippines
The Philippines has made significant progress in delivering electricity access, boosting the household electrification rate past 90% in 2016. The country is on track to meet the target of achieving universal electrification by 2022, as set out in the Philippine Development Plan 2017-2022.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
![Philippines Flag]()
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Energy Transition Review for Enhancing Co-operation
The Philippines’ power sector This report is part of ongoing IEA collaboration with Asia Zero Emission Community (AZEC) partners to better understand the particular challenges these partners face in their energy transition and to provide a platform for co-operation among the AZEC partners. The report seeks to build a shared understanding of the challenges and opportunities facing the Philippine power sector, and to identify practical pathways that can help to strengthen its energy security, improve affordability and enable the country to achieve its long-term clean energy goals.This review has been prepared in collaboration with the Department of Energy…
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Southeast Asia Energy Outlook 2026
…the importance of the IEA’s partnership with the eleven countries that make up the Association of Southeast Asian Nations (ASEAN) – Brunei Darussalam, Cambodia, Indonesia, Lao People’s Democratic Republic (Lao PDR), Malaysia, Myanmar, the Philippines, Singapore, Thailand, Timor-Leste (joined ASEAN in 2025) and Viet Nam.As energy security concerns move ever higher on the policy agenda, this year’s report explores the trajectory that the region was on prior to the conflict in the Middle East, and discusses the potential implications of the energy crisis triggered by this conflict for policy priorities and investment strategies in the region.
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Cost of Capital Observatory Dashboard
…India, Indonesia, Mexico, and South Africa – but also conducted additional efforts to gather data on countries including Viet Nam, Senegal, Kenya, Malaysia, the Philippines and Thailand, although the data points for these countries were comparatively fewer. We also widened the scope to include utility-scale batteries, offshore wind and hydroelectricity power, in addition to solar PV and gas power projects. In the latest survey update in 2025 we asked for WACC data of projects taking final investment decision (FID) from 2021 onwards. An analysis of the latest data can be found in this commentary. The cost of capital is expressed…
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Sheltering From Oil Shocks Road transport fuels
…can mandate public officials to work from home, where possible, and close public buildings on certain days.Policy examples: In response to the 2026 crisis in the Middle East, several countries have announced measures to encourage working from home. For example, the Philippines and Pakistan have mandated 4-day workweeks for government workers, while Sri Lanka has closed public offices on Wednesdays, and Lao PDR, Thailand and Viet Nam are all actively promoting remote work. Many European governments also encouraged working from home in response to the energy crisis in 2022-23, including through the joint IEA-EU Playing my…
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Southeast Asia Energy Outlook 2026 Energy outlook to 2050 based on today’s policy settings
…Gas use in the power sector rises, with annual output increasing by more than 1.5-fold in both scenarios to around 600 TWh by 2035. In the STEPS, renewables and nuclear together provide just over half of total generation by 2050, compared with 43% in the CPS. Solar PV generation rises from 44 TWh in 2024 to almost 200 TWh in 2035 in the STEPS, while expansion is slower in the CPS due to integration challenges. Other renewables also increase, led by geothermal, mainly in Indonesia and the Philippines. Climate risks add another layer to the region’s p...
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Southeast Asia Energy Outlook 2026 Southeast Asia’s energy challenges and emerging opportunities
…risks, including CO₂ emissions and air pollution, which contributed to an estimated 330 000 premature deaths in 2024. Measures implemented as of 7 May 2026. FX = foreign exchange. CB = central bank. Interest in nuclear power is growing as Southeast Asian countries look for firm, low-emissions electricity to meet rising demand and diversify power systems. Indonesia, the Philippines and Viet Nam have set development targets, while Malaysia, Singapore, Thailand and Myanmar are considering nuclear. Nuclear could strengthen electricity security by providing firm power, reducing fossil fuel imports and complementing renewables. However, projects require strong regulatory institutions, skilled workforces…
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Global Hydrogen Review 2025 Southeast Asia
…existing ammonia demand to enable economies of scale in low-emissions ammonia production. Indonesia and Malaysia also have this potential for methanol production. State-owned enterprises provide an opportunity to decarbonise current hydrogen uses.Use of hydrogen for steel production could create an opportunity for Indonesia and Viet Nam, which are home to most of the region’s steel production and iron ore reserves, and for the Philippines and Thailand, which rely heavily on steel imports to meet demand. Hydrogen-based steel could contribute to satisfying the expected regional steel demand growth, but faces competition from China. In the maritime sector…
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Renewables 2025 Executive summary
…2030, annual geothermal capacity additions are expected to reach a historic high, triple the 2024 increase, driven by growth in the United States, Indonesia, Japan, Türkiye, Kenya and the Philippines.The forecast for growth in global renewable power capacity is revised down slightly, mainly due to policy changes in the United States and China. The renewable energy growth forecast for the 2025-2030 period is 5% lower compared with last year’s report, reflecting policy, regulatory and market changes since October 2024. The forecast for the United States is revised down by almost 50%. This reflects several policy changes, including…
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Weighted Average Cost of Capital for utility-scale solar PV in Indonesia, Viet Nam and the Philippines, 2022-2024
Weighted Average Cost of Capital for utility-scale solar PV in Indonesia, Viet Nam and the Philippines, 2022-2024 CofCapital observatory
SE Asia update
