{"id":1971,"date":"2024-06-09T04:34:39","date_gmt":"2024-06-09T04:34:39","guid":{"rendered":"https:\/\/energytracker.asia\/?p=1971"},"modified":"2024-06-15T14:46:35","modified_gmt":"2024-06-15T14:46:35","slug":"renewable-energy-in-the-philippines-current-state-and-future-roadmap","status":"publish","type":"post","link":"https:\/\/energytracker.asia\/renewable-energy-in-the-philippines-current-state-and-future-roadmap\/","title":{"rendered":"Renewable Energy in the Philippines \u2013 Current State and Future Roadmap"},"content":{"rendered":"
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Like other Southeast Asia countries, the Philippines faces the challenge of a rapidly growing population, growing energy demand and climate change<\/a>. Yet, where it differs and stands out is in in the response to these trends. Compared to its neighbours, the Philippines is a leader in renewable energy. <\/p>\n\n\n\n

Over 47% of its total energy use comes from green or low-carbon sources. However, the Philippines has an abundant potential for various ready-to-deploy renewable energy sources that it is yet to tap into. The natural renewable resources, paired with ambitious and supporting clean energy policies, promise a bright future. <\/p>\n\n\n\n

The Current Situation of Renewable Energy in the Philippines 2024<\/strong><\/h2>\n\n\n\n

Ember\u2019s estimations reveal that, in 2023, the Philippines relied on fossil fuels to produce 78%<\/a> of its electricity.<\/p>\n\n\n\n

Over 20% of the Philippines\u2019 electricity comes from low-carbon sources, with the majority coming from hydropower and geothermal. Currently, the country ranks third globally<\/a> in terms of installed geothermal capacity, only behind the USA and Indonesia.<\/p>\n\n\n\n

Worryingly, renewables like solar and wind made up just 2.5%. This is way below the global average of 13% and even the average among other ASEAN countries, which sits at 4.4%.<\/p>\n\n\n\n

The total clean energy capacity in the Philippines today sits at 8.2 GW<\/a>.Throughout 2024, the government expects at least 4 GW<\/a> of clean energy projects to come online. The additional capacity is intended to strengthen the grid\u2019s stability, helping to meet the growing energy demand in the country without any supply deficiencies and potential power interruptions, particularly during peak demand periods.<\/p>\n\n\n\n

Renewable Energy Potential in the Philippines<\/strong><\/h2>\n\n\n\n

In 2011, the country adopted an ambitious plan aiming for 15.3 GW of renewable power capacity by 2030<\/a> and over 20 GW by 2040. To achieve this lofty goal, the National Renewable Energy Program<\/a> (NREP) laid out a five-step plan to reach all targets by 2027. <\/p>\n\n\n\n