Geothermal to Maintain Its Dominance in the Philippines - New Market Study Published
The Philippines is the second-largest producer of geothermal energy in the world and the largest in Asia-Pacific. It has 1.9 Gigawatts (GW) of installed geothermal capacity, which it plans to increase to 3.5 GW by 2030. Its energy mix is dominated by fossil fuels, which are largely imported and are subject to price variations in the international market. This heavy dependence on imported fossil fuels creates a significant economic burden. Geothermal power is the second-most prominent source of energy, providing...
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