Statista trend report on the energy crisis in the Philippines
The constant fear of yellow and red alerts, especially during the summer season, threatens the energy situation in the Philippines. With the possibility of limited coal imports, depletion of its natural gas supply, slow growth of renewable energy utilization, and aging power facilities, fear of insufficient electricity supply looms at the height of the country's economic recovery and forecast growth.
This report explores the threats to energy security in the Philippines and how proposed interventions play a role in mitigating them. It provides an in-depth look into the potential of renewable energy, the policies promoting it, liquified natural gas as an alternative fuel, and the possibility of reviving the country's dormant nuclear power plant. Finally, the report summarizes the issues and implications of these interventions as the Philippines seeks energy diversification to solve its crisis.
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