Coal power projects in PH significantly shrinking - report

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Coal power projects in PH significantly shrinking - report
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New coal power plant projects in the Philippines had been on steep decline since the issuance of a moratorium by the Department of Energy in 2020, according to advocacy group Global Energy Monitor. ManilaBulletin

New coal power plant projects in the Philippines had been on steep decline since the issuance of a moratorium by the Department of Energy in 2020, according to advocacy group Global Energy Monitor.

“The Philippines ranked sixth in the world for new capacity in 2022, commissioning the 1.3 GW Dinginin plant,” the report said, adding that “the operational capacity in the Philippines has doubled in the last decade, but annual capacity additions are starting to plateau.” On a global scale, however, the group indicated that coal plant developments is still thriving with 19,500MW capacity buildup last year; and China topped the list, along with 13 other countries adding coal fleets into their energy mix.

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