Coal to top 55% of PH power mix by 2027

Despite its higher excise tax under the new tax reform law, as well as initiatives to promote the use of renewable energy (RE), coal will dominate the Philippines’ energy mix in the next 10 years, a BMI Research study found.

“[T]he share of coal [is] actually increasing over our 10-year forecast period—from just under 50 percent in 2017 to over 55 percent by 2027,” Fitch-owned BMI said.