How is energy used in Philippines?

Total energy supply (TES) includes all the energy produced in or imported to a country, minus that which is exported or stored. It represents all the energy required to supply end users in the country.

What is the future of energy storage in the Philippines?

Under the Philippine energy scenario, peak demand is seen growing by 5.3 percent annually until 2028. Energy storage is stepping into the spotlight of the country’s green transition, with more companies making bold investments to unlock its game-changing potential.

Does the Philippines need energy diversification?

Recent global trends have made the Philippines more aware of the need for energy diversification, including nuclear energy/small modular reactors (SMRs) and energy storage. In the past, decisions centered around the price, but the need to have multiple sources to ensure business continuity now seems to be recognized.

How much battery storage capacity will the Philippines have?

As the Philippines gears up for the entry of more renewables into the grid, the government anticipates close to 2,000 MW of battery storage capacity to complement them. According to DOE data as of end-March, ESS projects with a combined capacity of 594 MW are committed to come online over the next three years.

How will the Philippines achieve energy security?

The Philippine government envisions the Philippines will increase its renewable energy (RE) share in supply mix to 35% by 2030 and 50% by 2050, promote energy efficiency and conservation, and pursue emerging technologies to achieve energy security.

What are energy storage systems?

It said the definition of energy storage systems, or ESS, will be facilities capable of absorbing energy generated from a renewable energy source or generation facility connected to the grid, and injecting stored energy when needed.