Philippines

IEEFA Research

IEEFA Report: Philippine Banking Sector at Risk in Ill-Advised US$21 Billion Expansion of Coal Fleet

Lagging Rising Trends Driven by Global Electricity-Generation Transition

October 12, 2017 (IEEFA) – The Philippines’ banking sector is dangerously exposed to a proposed new fleet of coal plants that are likely to become stranded assets if they are built, a report co-published today by the Institute for Energy Economics and Financial Analysis (IEEFA) concludes. The plants would add more than 10,000 megawatts of […]

October 12, 2017 Read More →
IEEFA Report: Electricity-Sector Opportunity in the Philippines

IEEFA Report: Electricity-Sector Opportunity in the Philippines

The Case for Wind-and Solar-Powered Small Island Grids

May 8, 2017, MANILA (IEEFA.org) — The Institute for Energy Economics and Financial Analysis today published a report outlining how small islands in the Philippines can effectively replace outdated, diesel-fuel electricity-generation systems with solar- and wind-powered grids. The report—“Electricity-Sector Opportunity in the Philippines – The Case for Wind- and Solar-Powered Small Island Grids”—notes that many […]

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Investor Signal: Philippine Coal Tax

Interaksyon: The passage of the coal tax increase in the Philippines gives a clear signal to investors that the country is leading the ASEAN transition to clean energy. This is important as it gives new policy impetus for the private sector to invest in abundant yet underdeveloped wind resources. And it’s already happening. Meralco PowerGen […]

January 22, 2018 Read More →

IEEFA Asia: Coal Tax Can Drive Investment in Cheaper Renewable Energy in the Philippines

'Policy Impetus for Companies to Invest in Abundant and Under-developed Wind Resources’

Dec. 22, 2017 — The 400 percent coal tax increase that has been agreed to in the Philippines will steer the country toward deflationary electricity prices medium term, according to analysis by the Institute for Energy Economics and Financial Analysis (IEEFA). “The price signal from the new coal tax is giving a welcome new policy […]

December 22, 2017 Read More →
IEEFA Update: New Philippine Coal Tax Will Drive Development of Cleaner, Cheaper Power

IEEFA Update: New Philippine Coal Tax Will Drive Development of Cleaner, Cheaper Power

Good News From Manila: A Policy Shift in Step With Global Trends

A 400 percent coal tax increase agreed to by legislators in the Philippines today stands to catalyze the development of cleaner and cheaper energy. Though it requires presidential approval, the shift is a welcome sign of government openness to weaning the country off its dependence on expensive fossil fuels. It makes economic common sense too. […]

December 11, 2017 Read More →
IEEFA Asia: Price Increase Highlights Growing Risk to Coal-Import Economies

IEEFA Asia: Price Increase Highlights Growing Risk to Coal-Import Economies

Outdated Policy in Japan, the Philippines, South Korea, Thailand, and Vietnam

The rise in the international spot price of thermal coal over the past 12 months may have put smiles on the faces of a handful of coal-exporter CEOs, but for importing nations that include Japan, the Philippines, Thailand, South Korea, and Vietnam, the trend risks putting a multibillion-dollar dent in current accounts. Since the beginning […]

November 17, 2017 Read More →

IEEFA Asia: In the Time of Solar, Ratepayers and Investors Alike Should Be Wary of Philippines Coal Expansion

Stranded Assets in the Making as Global Transition Takes Root

The Philippines, like many of its ASEAN neighbors, is at a crossroads in a potential energy transition that—if managed properly—could lead to more cost-effective electricity for millions of consumers and businesses. A report we put out last week—“Carving out Coal in the Philippines: Stranded Coal Plant Assets and the Energy Transition”—examines the risk the country […]

October 25, 2017 Read More →
IEEFA Update: Are Investors in Asian Coal Starting to Think Twice?

IEEFA Update: Are Investors in Asian Coal Starting to Think Twice?

Signs That Risk Perceptions May Be Shifting as Markets Evolve

Human nature is to juggle contradiction and remain hopeful in the face of adversity. But investors are supposed to be hard-eyed cynics. What, then, to make of financial professionals smart enough to pose shrewd questions about the impact of climate change on the coal industry but willing to settle for illogically incomplete answers? This is […]

October 20, 2017 Read More →

IEEFA Report: Philippine Banking Sector at Risk in Ill-Advised US$21 Billion Expansion of Coal Fleet

Lagging Rising Trends Driven by Global Electricity-Generation Transition

October 12, 2017 (IEEFA) – The Philippines’ banking sector is dangerously exposed to a proposed new fleet of coal plants that are likely to become stranded assets if they are built, a report co-published today by the Institute for Energy Economics and Financial Analysis (IEEFA) concludes. The plants would add more than 10,000 megawatts of […]

October 12, 2017 Read More →

IEEFA Asia: Why a Philippines Coal-Import Tax Makes Sense

A Corrective Policy Aimed at Offsetting the External Costs of Dirty Power Generation; Indian and South Korea Have Already Set the Bar

Debate has picked up this week in the Philippines over proposals to enact a tax on imported coal as one of several ways to support a national public-investment initiative. Lawmakers are suggesting a levy of up to $20 a ton on coal brought into the Philippines, a country that relies heavily on coal-fired generation for […]

September 15, 2017 Read More →

IEEFA Indonesia: Clinging to Outdated Diesel-Fired Electricity Generation Is Expensive and Short-Sighted

Renewable Energy Makes Better Sense Than Importing Fuel for Small Islands and Isolated Locales

The announcement last week of new diesel gas contracts and more diesel-powered generators for power production in hundreds of locations across Indonesia is short-sighted, expensive and risky. While national government officials have stated support for renewable energy policies that would expand remote and rural electrification, including a plan to install solar photovoltaics in 2,500 villages […]

Electricity-Sector Transition in the Philippines

Philippine Star: The Philippines stands to save over P10 billion a year if it replaces diesel generation in off-grid areas with renewables, the Institute for Energy Economics and Financial Analysis (IEEFA) and Institute for Climate and Sustainable Cities (ICSC) said. A report done by IEEFA titled “Electricity-Sector Opportunities in the Philippines: The Case for Wind- […]

May 17, 2017 Read More →