Department of Energy vows continued support for PH economic growth

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Department of Energy Secretary Raphael Lotilla emphasized the DOE’s support for tapping into existing coal capacity to sustain the country’s economic growth.

At a recent forum, Lotilla said the Philippines still possesses over 6,300 megawatts of dependable coal capacity aged 10 years or younger. “Maximizing the use of existing energy infrastructure avoids imposing additional cost burdens on both the economy and consumers,” said Lotilla. Cebu’s rapid development is driven by its strategic location, robust infrastructure, thriving tourism industry, and burgeoning business process outsourcing sector. This growth significantly contributes to the national GDP , creating jobs, attracting foreign investment, and promoting regional prosperity.

At the same forum, Aboitiz Power Corporation, through its subsidiary Therma Visayas Inc. , announced its readiness to generate an additional 150 megawatts , which will be operational by 2028.

 

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