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Philippines Energy Situation

From energypedia
Philippines
Flag of Philippines.png
Location _______.png

Capital:

Manila

Region:

Coordinates:

13.0000° N, 122.0000° E

Total Area (km²): It includes a country's total area, including areas under inland bodies of water and some coastal waterways.

300,000

Population: It is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship--except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin.

109,581,085 (2020)

Rural Population (% of total population): It refers to people living in rural areas as defined by national statistical offices. It is calculated as the difference between total population and urban population.

53 (2020)

GDP (current US$): It is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

3,614,893,543,502 (2020)

GDP Per Capita (current US$): It is gross domestic product divided by midyear population

3,298.83 (2020)

Access to Electricity (% of population): It is the percentage of population with access to electricity.

no data

Energy Imports Net (% of energy use): It is estimated as energy use less production, both measured in oil equivalents. A negative value indicates that the country is a net exporter. Energy use refers to use of primary energy before transformation to other end-use fuels, which is equal to indigenous production plus imports and stock changes, minus exports and fuels supplied to ships and aircraft engaged in international transport.

45.77 (2014)

Fossil Fuel Energy Consumption (% of total): It comprises coal, oil, petroleum, and natural gas products.

62.43 (2014)

Source: World Bank



Additional information on Philippines on energypedia:

Energy Situation

The Philippines is an emerging economy and its economy has greatly shifted from agriculture to industry.In terms of energy use, conventional fossil fuels (oil and gas) are the main source for its primary energy demands. According to the 2011 primary energy consumption of the Philippines, 31% of the consumption was met by oil, 20% by coal, 22% by geothermal, 12% by biomass, 6% by hydro and 1% by other renewable energy like wind, solar and biofuel. [1]

The Philippines is located in the Pacific Ring of Fire and thus has a high geothermal potential. In terms of electricity generation, 41.4% of the electricity demand is met by geothermal energy, 28% by coal, 11.4% by hydro, 15% by natural gas and 0.1% by wind, solar and biofuel. In terms of installed capacity for power generation Hydro is 63.2%, 35.1% is geothermal , 1.1% is biomass and 0.6% by wind and 0.1% solar. [1]

Electricity Situation

The table below provides an overview of the electricity tariffs in Philippiness[1]: Electricity Tariff in Philippines

Policy

The Government of Philippines has introduced various policies to foster renewable energy . Some of the policies are income tax holiday up to 7 years, duty-free import of equipment for renewable energy technologies and so on. In 2012, the government launched the new feed-in tariff (FIT) and is summarized in the table below[1]:
Feed in Tariff in the Philippines

Further Information

  • IRENA Renewables Readiness Assessment (RRA) (2017):Like many countries in South East Asia, the Philippines faces twin challenges of population growth and rising energy demand. Dependent on imports for nearly half its primary energy supply, the country is highly exposed to oil price volatility. Frequent tropical storms, meanwhile, adversely impact its energy infrastructure. In response, the Philippines has resolved to bolster energy security, pursue low-carbon economic development and contribute global efforts against climate change. Renewable energy technologies have become increasingly prominent in national planning and policy-making. An ambitious target adopted in 2011 calls for 15.3 gigawatts of renewable power capacity by 2030. This RRA, undertaken in co-operation with the Philippine government, identifies barriers and proposes key actions to strengthen the policy, regulatory and institutional framework in order to accelerate renewable energy deployment.

Reference