Despite its energy transition efforts, the Philippines is projected to remain one of Southeast Asia’s largest coal consumers through 2030, according to the International Energy Agency. one of Southeast Asia’s largest coal consumers through 2030, according to the International Energy Agency.
The IEA forecasts the Philippines’ coal demand to rise by 15 percent to 54 million tons by 2030, keeping the country a regional top consumer alongside Indonesia and Vietnam.
Robust economic and population growth, along with a 27 percent rise in electricity demand, are expected to fuel the increase over the forecast period.
Coal consumption in the Philippines was forecast to have reached 47 million tons in 2025.
