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ABOUTRESEARCH & ANALYSIS
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PHILIPPINES

Data is updated as of Jan 2024
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RECENT NEWS

April 30, 2024

G7 agrees to phase out coal-fired power plants by mid-2030s

RECENT NEWS

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About Philippines

Philippine reliance on coal rose dramatically from 2000-2023, with capacity more than tripling from 3,400 megawatts (MW) to 12,082 MW. In October 2020, a moratorium on new coal plants that were not already in the permitting pipeline resulted in a series of coal plant cancellations by major energy companies and brought to a close a period of rapid growth. While it was later specified that the moratorium would not affect coal projects that were already included in the Department of Energy’s list of initiated power projects prior to October 2020, the Philippines' coal plant pipeline has generally stalled since the moratorium's announcement. The development of new plants has also been slowed by a dearth of financing. While 3,125 MW of capacity remains in development or construction, no coal plants newly began construction or began operating during 2023. In April 2021, the Philippines pledged to reduce its greenhouse gas (GHG) emissions by 75% by 2030, largely contingent on the availability of external financing. While the Philippines is not a member nation of the Powering Past Coal Alliance, many of its subnational governments have individually committed to coal phase out dates via the Alliance.

Capacity (MW)

Net Change Since 2000

Capacity (MW)

Net Change Since 2000

Phase-Out Status

NO COAL PHASE-OUT

No New Coal Status

PLANNING NEW COAL

Part of PPCA?

NO

Five-Year Country Capacity Trend

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

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Five-Year Country Capacity Trend

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

Operational

Constructing

Planned

Halted

Cancelled

Retired

Expected Retirement by 2030

RESEARCH & ANALYSIS

JapanPhilippinesIndiaIndonesiaVietnam

National 1.5°C Compatible Emissions Pathways and Consistent Power Sector Benchmarks: Indonesia, ...

This report presents domestic emissions pathways required to keep to the Paris Agreement’s 1.5°C limit for five countries: Viet Nam, Philippines, India, Indonesia and Japan and assesses if current 2030 climate targets are in line with these pathways. Pathways are derived from the ...

READ THE FULL REPORT

May 03, 2021

National 1.5°C Compatible Emissions Pathways and Consistent Power Sector Benchmarks: Indonesia, ...

This report presents domestic emissions pathways required to keep to the Paris Agreement’s 1.5°C limit for five countries: Viet Nam, Philippines, India, Indonesia and Japan and assesses if current 2030 climate targets are in line with these pathways. Pathways are derived from the ...

LET’S END COAL NOW.

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© 2024. BLOOMBERG GLOBAL COAL COUNTDOWN.
ALL RIGHTS RESERVED.

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LET’S END COAL NOW.

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© 2024. BLOOMBERG GLOBAL COAL COUNTDOWN.
ALL RIGHTS RESERVED.