Energy is the lifeblood of an economy. Thus, as the Philippines’ power demand constantly rises, it’s become critical to have a more innovative and reliable strategy for energy security.
In the general public, we see a rise in new technologies such as electric vehicles, consumer-friendly renewable energy systems, and opportunities to be both a producer and consumer or “prosumer.” In last year’s roundtable, industry experts started their discussions based on the European Chamber of Commerce Philippines’ 2023 Advocacy Papers. The paper gave three recommendations: a decisive transition strategy for increased renewable energy; the unification of the country’s power grids; and eased business processes in the energy sector.
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