The International Energy Agency (IEA) expects coal demand in the Philippines to remain stable this year as coal-fired power plants continue to meet the country’s electricity needs.
Coal accounts for around 60 percent of the country’s energy mix, with demand projected to rise by 15 percent to 54 million tons by 2030.
The Department of Energy’s coal moratorium does not cover existing plants and certain projects that have already secured approvals, while a coal transition plan is being prepared.
The plan could allow the development of coal projects adding three to five gigawatts of new baseload capacity.
The continued reliance on coal comes as power supply remains strained in parts of the Visayas and Mindanao following the shutdown of several large coal plants.
Source: PhilNews24 | September 14, 2026
COAL DEMAND EXPECTED TO MAINTAIN STEADY PACE
Latest from Business
Manila Electric Co. (Meralco) is on track to achieve a record consolidated core net income of
Philippine Airlines (PAL) survived the devastating COVID-19 pandemic through a major financial restructuring, employee sacrifices, and
Fuel prices in the Philippines will see mixed adjustments starting Tuesday, October 27, with diesel prices
The Department of Agriculture (DA) is exploring a public-private partnership (PPP) scheme for about P80 billion
Unilever Philippines has intensified its efforts to achieve net-zero emissions, reducing its Scope 1 and 2