MANILA, Philippines — President Ferdinand Marcos Jr. says the Philippines will continue relying on coal imports to maintain a stable power supply, citing ongoing global uncertainties affecting energy resources.
Speaking on the country’s energy situation, Marcos underscores the need to secure sufficient fuel for power generation, noting that coal remains a major source of electricity in the Philippines. He points out that importing coal is currently necessary to avoid disruptions in energy supply, especially amid volatility in global markets.
The President acknowledges that external factors, including geopolitical tensions and fluctuations in fuel prices, continue to impact the availability and cost of energy resources. These challenges, he says, make it crucial for the government to ensure a steady and reliable power supply through available means, including imports.
Despite ongoing efforts to diversify energy sources, coal-fired power plants still account for a significant portion of the country’s electricity generation. Marcos stresses that while the government is exploring alternative and renewable energy options, coal remains a dependable baseload source in the short term.
The administration is also looking into other measures to strengthen energy security, including monitoring fuel supply and prices, as well as identifying additional sources of energy imports.
Marcos reiterates that ensuring stable and sufficient power supply remains a priority, as the country navigates global energy challenges and works toward a more sustainable energy mix.
