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In the midst of energy security challenges, how do we build a bright future for the Philippines? Industry experts share their outlook on the future
Energy is the lifeblood of an economy. Thus, as the Philippines’ power demand constantly rises, it’s become critical to have a more innovative and reliable strategy for energy security.
In the general public, we see a rise in new technologies such as electric vehicles, consumer-friendly renewable energy systems, and opportunities to be both a producer and consumer or “prosumer.” In last year’s roundtable, industry experts started their discussions based on the European Chamber of Commerce Philippines’ 2023 Advocacy Papers. The paper gave three recommendations: a decisive transition strategy for increased renewable energy; the unification of the country’s power grids; and eased business processes in the energy sector.
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