DESPITE government efforts to strengthen the Philippines’ renewable energy (RE) portfolio, clean energy sources still lag far behind fossil fuels in the capacity mix, indicating that there is still a lot of room for growth for investment in this sector.
The latest Department of Energy (DOE) data show that the Philippines is still heavily dependent on coal, oil, and gas for its electricity needs, with non-RE resources comprising 67.10 percent of the country’s capacity mix while RE accounts for only 32.9 percent.
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