04 May 2026

04:32

  • Bitumen 60/70

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Home Blog Philippines Coal Power Set for Rare Decline as Gas Generation Rises

Philippines Coal Power Set for Rare Decline as Gas Generation Rises

codarx

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Update date: 2025/07/22

The Philippines, one of the world’s most coal-dependent power markets, has boosted LNG imports and gas-fired power generation in recent years, to the point of being on track to see the first decline in coal power generation in 17 years.  The share of gas power generation jumped to 17.5% in the first half of 2025, up from 14% for the full-year 2024 and a record low of 13.9% in 2023, a Reuters analysis of Philippine market and government data showed on Tuesday.  At the same time, the share of coal in Philippine power generation slumped…

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