Ferdinand Marcos Jr. said the Philippines may increase coal imports to ensure a stable power supply as tensions in the Middle East threaten global fuel availability.
He explained that while the country is trying to shift toward renewable energy, coal remains necessary for now to keep power plants running and prevent shortages. The Philippines already relies heavily on imported coal, mostly from Indonesia.
Despite long-term plans to boost renewable energy to 35% by 2030 and 50% by 2040, coal is still a major energy source because it is cheaper and more reliable. The country is expected to remain one of Southeast Asia’s biggest coal users in the coming years.
The government is also looking for alternative sources of oil, as global supply has been affected by the ongoing conflict. Officials are working to secure fuel reserves and extend supply to avoid shortages.
Marcos assured the public that measures are being taken to maintain enough energy and fuel, while also continuing efforts to manage rising costs and support affected sectors.