Philippines: Philippine Energy Efficiency Project
In 2009, Philippine consumers were spending a large portion of their household income on energy. The country’s electricity tariffs were among the highest in the region. Total energy demand was projected to double by 2030 (from 2007), with electricity demand growing at a similar rate. Total installed power-generating capacity was 15,937 megawatts (MW) in 2007, generating about 59,600 gigawatt-hours. Natural gas (32%), geothermal energy (17%), and hydropower (14%) were the main domestic primary energy sources, with oil- and coal-fired generation contributing the remaining 37%. Most of the growth in electricity demand was expected to be met by imported oil and coal. To provide adequate and reliable sources of electricity and address the issue of climate change, the government’s view in 2008 was that, the most effective solution over the short term would be to increase the use of indigenous renewable energy generation and promote energy efficiency.
This report validates the completion report’s assessment of the project. IED overall assessment: Successful.