[Philippines DoE] The Bright Prospects of the Renewable Energy Landscape in the Philippines

Landscape:
- A low carbon scenario: increase the share of RE, natural gas and other clean energy technologies in power generation
- Current power generation percent: coal (over 41%), renewable energy (29%): the largest RE share in total energy supply among ASEAN, and natural gas (13.5%)
- Gov target: 66% of RE energy (34,000MW capacity) by 2040
- National Renewable Energy Program 2020-2040
- Philippine Energy Plan (PEP) 2018-2040:

Additional capacity by 2014 under PEP
- 71,817MW under the business as usual scenario
- 75,325MW under clean energy scenario