Philippines Advances Renewable Energy Goals, Targets 35% by 2030

The Philippines is making significant strides towards renewable energy, as highlighted at the PhilEnergy Expo 2025, where industry leaders discussed the Philippine Energy Plan 2023-2050. The plan aims for renewable energy to constitute 35% of the nation's energy mix by 2030 and over 50% by 2040, with emphasis on energy efficiency, electric vehicles (EVs), and energy storage technologies. Concurrently, Cebu is focusing on enhancing its energy infrastructure to support economic growth, with the Department of Energy projecting an increase of 6,841 megawatts of capacity by 2025, predominantly from renewable sources, to meet rising demand. However, the Philippines faces challenges, including high electricity costs and an outdated grid, with coal still dominating power generation despite the country's vast renewable potential. Experts stress the need for a balanced energy policy that prioritizes sustainability, security, and equity to address these issues and leverage renewable resources effectively. The current energy landscape indicates a critical need for a shift towards cleaner, more reliable energy solutions to secure the country's economic future.