The Philippines needs more energy to fuel its growth, but we must pursue this course pragmatically and practicallyThe Philippines needs more energy to fuel its growth, but we must pursue this course pragmatically and practically

Powering energy prosperity: Balancing ambition with affordability for Filipinos

2026/01/16 10:44
4 min read
For feedback or concerns regarding this content, please contact us at [email protected]

Editor’s note: This article was authored by Ruth Yu-Owen, Energy Committee chair of the European Chamber of Commerce of the Philippines (ECCP), in partnership with AboitizPower and the ECCP. It was handled by BrandRap, Rappler’s sales and marketing arm. No member of the news and editorial team participated in the publishing of this piece.

I am honored to have received the inaugural Women in Renewable Energy award at the Department of Energy (DOE) Sustainability Awards 2025. While this accolade recognizes leadership and technical innovation, I view it primarily as a testament to the “Solar Nanays” – the brave women climbing roofs to master new technologies and build a more secure future for their families and our country.

This recognition reinforces a core conviction central to our recent three-part roundtable series, “Powering Up: Future-proofing the Philippine energy mix” – our energy transition must be inclusive, technically robust, and, above all, affordable.

Play Video Powering energy prosperity: Balancing ambition with affordability for Filipinos

As we navigate the Philippine Energy Plan targets – 35% renewable energy share by 2030 and over 50% by 2040 – we must acknowledge that a diverse portfolio of technologies is our strongest asset. My experience has shown that a diverse set of technologies can create dependable systems with transformative effects on communities.

For instance, the Balesin Island Solar and Battery Storage project, featuring a 4.1 MW Solar Farm and a 5.5 MW Battery Energy Storage System, serves as a living proof-of-concept for achieving large-scale, sustainable off-grid power that replaces expensive diesel generators.

Choosing our energy future is like planting a national orchard. We should lean heavily on the “trees” we know how to grow and harvest affordably, like solar and onshore wind, which are already bearing fruit. These technologies have undergone a decades-long “ripening” process to reach the affordability we enjoy today.

As Professor Rowaldo “Wali” del Mundo recalled, when they were pioneering solar in the 1990s, the cost was a staggering $20 per 1 square centimeter, equivalent to 1 watt; today, that same quantity has commercialized to roughly $0.10 per watt, a price drop that was once unimaginable for grid integration.

Undersecretary Mylene Capongcol further illustrated this trajectory, noting that solar once cost P16 per kilowatt-hour under earlier Feed-In Tariff schemes but has since plummeted to competitive rates of P4 or P5 per kilowatt-hour. Overall, the cost of solar PV modules has declined by up to 90% since 2010.

Play Video Powering energy prosperity: Balancing ambition with affordability for Filipinos

While we nurture these mature “trees,” we must be cautious of rare, exotic varieties like offshore wind. While it promises a massive harvest – theoretically enough to power the entire country – it currently requires a prohibitively expensive irrigation system. As the panel discussed, offshore wind is laden with uncertainties and high price tags.

The primary hurdle is the infrastructure: submarine cables are the most expensive network infrastructure in the world, and we must also invest heavily in ports to handle massive turbine blades. Some analysts suggest we should observe the global trajectory for another 5 to 10 years before full-scale adoption to avoid the “early adopter” tax, allowing the technology to reach the same economies of scale that made solar affordable.

Ultimately, government signals and policy directions are vital to how the country’s energy system will develop. However, these directions should not veer away from the imperative of delivering reliable, affordable, and resilient power systems that will fuel the prosperity of Filipinos.

There is no single solution for all cases. Because our nation is an archipelago of over 7,000 islands, we must embrace a basket of solutions to suit different situations, ranging from massive grid-connected projects to independent, stand-alone systems that ensure even the most remote communities are not left in the dark.

Play Video Powering energy prosperity: Balancing ambition with affordability for Filipinos

The Philippines needs more energy to fuel its growth, but we must pursue this course pragmatically and practically. By keeping energy security and affordability front and center, we can build an energy system that delivers reliable power now and in the years to come. Only through critical, data-driven, and well-thought-out technology choices can we enable the true prosperity of all Filipinos, ensuring that our green transition is as equitable as it is ambitious. – Rappler.com

.

Market Opportunity
Fuel Logo
Fuel Price(FUEL)
$0.00115
$0.00115$0.00115
-1.70%
USD
Fuel (FUEL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Little Pepe leads speculative momentum

Little Pepe leads speculative momentum

The post Little Pepe leads speculative momentum appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Memecoins are drawing fresh attention in 2025, with Dogecoin’s ETF debut, Shiba Inu’s fight for support, and Little Pepe’s record presale fueling speculation. Summary Dogecoin edges closer to $1 as its first U.S. ETF launch nears. Shiba Inu struggles to hold key support after a sharp price drop. Little Pepe’s $25m+ presale and Layer 2 plans position it as a potential new leader. Memecoins are back in the spotlight as Bitcoin steadies above $115,000 and speculative capital flows into the sector. Investors are asking the big question: which tokens have the momentum to deliver the next round of explosive returns? Dogecoin’s long-awaited ETF debut could set the stage for a run toward $1. Shiba Inu is battling crucial support, and Little Pepe’s record-breaking presale points to a new leader emerging in 2025. Meme legends continue to soar Dogecoin is trading at $0.2645 with a $39.8 billion market cap as investors await the launch of the Rex Shares–Osprey Dogecoin ETF (DOJE). Bloomberg analysts now expect the debut this week, which would make DOJE the first U.S. ETF tied to a memecoin. DOGE has already gained 15% over the past month despite short-term pullbacks, and analysts argue that sustained ETF flows could set up a rally toward $0.35 and eventually the long-anticipated $1 milestone. Shiba Inu is having a hard time staying above $0.00001303 after a sharp 13% drop from its recent highs. The drop has brought SHIB to the daily SMA 200 support level of $0.00001298, which could decide whether it bounces back or drops even more. Market-wide liquidations, coupled with issues surrounding Shibarium, have amplified selling pressure. Little Pepe: The memecoin ready to overtake others While DOGE and SHIB…
Share
BitcoinEthereumNews2025/09/23 15:18
The Benefits of a Dedicated Mortgage Broker for Your Homeownership Journey

The Benefits of a Dedicated Mortgage Broker for Your Homeownership Journey

Navigating the mortgage market can feel overwhelming, especially in today’s dynamic property landscape. With fluctuating interest rates, complex eligibility criteria
Share
Techbullion2026/03/09 19:25
Stablecoin Wallets Are the “Credit Cards” Powering the AI Agent Economy, Says Coinbase CEO

Stablecoin Wallets Are the “Credit Cards” Powering the AI Agent Economy, Says Coinbase CEO

TLDR: Stablecoin wallets can serve as “credit cards” granting AI agents payment access, Brian Armstrong says. AI agents are blocked by traditional finance systems
Share
Blockonomi2026/03/09 18:50