Energy Reports

Philippines energy report

Philippines energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Philippines energy market data.

Philippines energy report
Update: February, 2020
Format: 2 files (PDF report, Excel file)
Pages: 33 (Report only)
Delivery: Immediate by e-mail


Philippines energy market report offers an incisive and reliable overview of the energy sector in Philippines. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2018 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The Department of Energy (DOE) is in charge of the energy sector. The DOE has six bureaus: Energy Policy and Planning Bureau (EPPB), Energy Resources Development Bureau (ERDB), Electric Power Industry Management Bureau (EPIMB), Oil Industry Management Bureau (OIMB), Renewable Energy Management Bureau (REMB), and Energy Utilization and Management Bureau (EUMB). These bureaus are responsible ...

  • Energy Companies


    The major deposits of gas are concentrated within three main locations: Camago-Malampaya, the Cagayan Valley and Cebu.

    A joint venture bringing together Shell (45%), Texaco (45%) and PNOC (10%) is operating the gas field of Malampaya, which was commissioned in 2001 (reserves of 85-140 bcm; total cost of €4.6bn). It is estimated that the field can provide gas up to 2029. A 20-year ...

  • Energy Supply


    The Philippines has moderate conventional energy resources. Crude oil reserves are estimated at 172 mbl, natural gas reserves at 56 bcm and coal reserves at 215 Mt (end of 2018). The country has an important geothermal potential estimated at 4 GW. Economically exploitable hydroelectric resources are estimated at 13 GW according to the DOE.

  • Energy Prices


    Since the adoption of the 1992 law, electricity prices have been more stable and are controlled by the "Energy Regulatory Commission" (ERC).

    In 2019, the average price of electricity was US15.7c/kWh for households. This price is twice the level of Vietnam or Malaysia and 40% higher than in Thailand.


  • Energy Consumption

    Per capita energy consumption is 0.57 toe, including 775 kWh of electricity (2018). These levels are two times lower than the ASEAN average.

    Total energy consumption has increased by 5.2%/year since 2009, reaching 60 Mtoe in 2018. Oil covers 33% of the country's energy needs, followed by coal and lignite in rapid progression (31% in 2018 up from 19% in 2010) and electricity ...

  • Issues & Prospects

    According to the Energy demand and supply outlook included in the PEP 2017-2040, final energy consumption will increase 4-fold by 2040 from 2017 (5.7%/year), driven by the transport and industry sectors.

Download the Table of Contents

In the Philippines market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy Emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2018, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2018, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for industry and households (US$c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2018, %)
  • GRAPH 9: Final consumption market share by sector (2018, %)

In the Philippines market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Philippines market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2018 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Philippines Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Philippines energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

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