The race to find clean and sustainable energy has never been more relevant for the country than it is today.
In the first quarter of 2024, the Philippines posted an economic growth of 5.7 percent. At the current rate we are going, it is projected that our economy will reach upper middle income status by 2025. Driving this growth is the country’s people. Yet we are also a nation of 118 million at latest count, the 13th most populous in the world.
While we have made great strides in managing our population growth—we have entered a demographic sweet spot, which could propel economic growth—but with the opportunities, there are also challenges, more so in the energy sector.
As the economy grows, so do energy requirements.
As far as demand for electricity is concerned, latest data from the Department of Energy (DOE) show that the two immediate needs of the Filipino come first. Hence, the transportation and household sectors are…
