Complete electrification of the Philippines is now 'within reach' as the government is looking to address delays in the interconnection of grids and invite foreign investors in renewable energy, President Marcos Jr. said Monday. SONA2023 Read more:
Complete electrification of the Philippines is now "within reach" as the government is looking to address delays in the interconnection of grids and invite foreign investors in renewable energy, President Ferdinand "Bongbong" Marcos Jr. said Monday.
"We are conducting a performance review of our private concessionaire, the National Grid Corporation of the Philippines . We look to NGCP to complete all of the deliverables, starting with the vital Mindanao-Visayas and Cebu-Negros-Panay interconnections," he said.100% electrification is expected by 2028"When it comes to energy, renewable energy is the way forward.
Aside from this, Marcos said the government will continue to push for more gas exploration in other parts of the country aside from Malampaya, which energizes 20% of Luzon. “After hearing it straight from him — his vision that is completely aligned with ours — we know that we are on the right track and we’re more motivated to complete all our objectives in a prompt manner,” he added.
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