Renewables are the second largest source of electriꦆcity in the ꧙Philippines. They contributed to a fifth of the country’s power generation in 2020, after coal, and ahead of natural 🍌gas and oil. The share of renewables is set to further increase as the ꦗgovernment 🐼wants to make them the primary energy source in the next two decades. The Philippines ranks third in the🎃 world by instaไlled geothermal power capacity, according to figures provided by the Intern🌸ational Renewable Energy Agency (IRENA). On a regional level, the country is ASEAN’s third largest by wind, and the fourth largest by solar capacity. As of the end of 2020, the country had an RE capaci꧂ty of 7.65 GW, with hydro being the largest source (3꧅.8 GW), fol💜lowed by geothermal and solar with 1.9 GW and 1.0 GW, respectively. Geothermal power takes 25% of total RE capacity but ✤it contributes to half of RE generation. ​

This ꦅreport provides a complete and detailed analysis of the renewable energy 𓆉sector for the Philippines. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the renewable energy sector and the energy matrix of the Philippines
• Access forecasts for growth in the sector
• View key capacity, generation and consumption data for the sector in the Philippines
• Crystallise the forces both driving and restraining this sector in the Philippines
• Ascertain the Philippines’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in the Philippines
• Build a clear picture of trends and issues for specific sub-sectors (e.g. wind, solar and biomass).

See below for a com🌜plete table of report contents: