Renewable Energy and Energy Security in the Philippines

This paper focused on the importance of renewable energy to Philippine energy security and sustainability agenda. It examined the status of renewable energy in the Philippines and discussed the opportunities and challenges in the further development and deployment of renewable energy. This research relied on secondary data from the Philippine Department of Energy, ASEAN Centre for Energy, World Bank, and APEC Secretariat. Relevant informative journalistic reports were also consulted. Among the major findings are: (1) renewable energy will account for an increasingly significant share of the Philippine energy mix for power generation in the foreseeable future and (2) fossil fuels, oil in particular, however, will remain the dominant energy source. Whether or not the Philippine government will achieve its renewable energy targets largely depends on how efficient and fast it will be in addressing the related issues. This study builds on the existing knowledge base on Philippine renewable energy.