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Philippines Power Market Outlook to 2035, Update 2024 - Market Trends, Regulations, and Competitive Landscape

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    Report

  • 63 Pages
  • May 2024
  • Region: Philippines
  • GlobalData
  • ID: 5979234
This report discusses the power market structure of Philippines and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. Detailed analysis of the country’s power market regulatory structure, competitive landscape, and a list of major power plants are provided. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential. An analysis of the deals in the country’s power sector is also included in the report.

Scope

  • Snapshot of the country’s power sector across parameters - macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector.
  • Statistics for installed capacity, generation, and consumption from 2010 to 2022, and forecast for the next 13 years to 2035
  • Capacity, generation, and major power plants by technology
  • Data on leading active and upcoming power plants
  • Information on transmission and distribution infrastructure, and electricity imports and exports
  • Policy and regulatory framework governing the market
  • Detailed analysis of top market participants, including market share analysis and SWOT analysis

Reasons to Buy

  • Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector
  • Identify key factors driving investment opportunities in the country’s power sector
  • Facilitate decision-making based on strong historic and forecast data
  • Develop strategies based on the latest regulatory events
  • Position yourself to gain the maximum advantage of the industry’s growth potential
  • Identify key partners and business development avenues
  • Identify key strengths and weaknesses of important market participants
  • Respond to your competitors’ business structure, strategy, and prospects

Table of Contents

1 Executive Summary
1.1 Thermal power continue to dominate Philippines generation mix in 2035.
1.2 Residential sector to drive energy consumption in the country.
2 Introduction
2.1 Philippines Power Market
2.2 the analyst Report Guidance
3 Philippines Power Market, Snapshot
3.1 Country Summary
3.2 Macroeconomic Factors
3.3 Supply Security
3.4 Opportunities
3.5 Challenges
3.6 Geopolitical Crisis
4 Philippines Power Market, Market Analysis
4.1 Market Structure
4.2 Key Market Players
4.3 Financial Deals
  • Deal Value and Volume, 2015-2023
  • Deals by Type, 2023
4.4 Philippines Power Market, Demand Structure
  • Power Consumption by Sector, 2023
5 Renewable Energy Policy, Philippines
5.1 Renewable Energy Market, Overview
5.2 Policy Snapshot
5.3 Renewable Energy Targets
5.4 National Renewable Energy Program (NREP)
5.5 Renewable Energy Act
  • Amendment 2021
  • Amendment 2022
5.6 Renewable Portfolio Standards
5.7 Green Energy Option Program (GEOP)
5.8 Net-Metering
5.9 Green Energy Auction Program (GEAP)
5.10 Open and Competitive Selection Process (OCSP)
5.11 Competitive Selection Process (CSP) for Power Supply Agreements
6 Philippines Power Market, Capacity and Generation
6.1 Cumulative Capacity Share by Technology, 2023
6.2 Total Power Capacity and Generation, 2015-2035
6.3 Thermal Power Capacity and Generation, 2015-2035
6.4 Hydropower Capacity and Generation, 2015-2035
6.5 Renewable Power Capacity and Generation, 2015-2035
7 Philippines Power Market, Transmission and Distribution Overview
7.1 Transmission Network
7.2 Distribution Network
7.3 Grid Interconnection
7.4 Electricity Trading
8 Philippines Power Market, Major Generating Companies
8.1 Aboitiz Power Corp
  • Company Overview
  • Business Description
  • SWOT Overview
8.2 San Miguel Corp
  • Company Overview
  • Business Description
  • SWOT Overview
8.3 Ayala Corp
  • Company Overview
  • Business Description
  • SWOT Overview
8.4 TeaM Energy Corp
  • Company Overview
  • Business Description
  • SWOT Overview
9 Appendix
9.1 Abbreviations
9.2 Methodology
  • Coverage
  • Secondary Research
  • Primary Research
  • Modelling and Forecasting
  • About the Analyst
  • Contact the Publisher
List of Tables
Table 1: Power Market, Philippines, Macroeconomic Factors, 2015-2030 12
Table 2: Policy Snapshot, Philippines, 2023 20
Table 3: NREP, 2011-2030 Installation Targets vs. Actual (MW) 21
Table 4: GEAP First Round Auction, Philippines, 2022 24
Table 5: Renewable Energy Market, Open and Competitive Selection Process Results, Philippines 25
Table 6: Power Market, Philippines, Cumulative Capacity and Annual Generation, 2015-2035 29
Table 7: Power Market, Philippines, Cumulative Capacity and Annual Generation Share by Technology, 2015-2035 32
Table 8: Thermal Power Market, Philippines, Cumulative Capacity and Annual Generation, 2015-2035 34
Table 9: Thermal Power Market, Philippines, Major Plants, 2023 35
Table 10: Hydropower Market, Philippines, Cumulative Capacity and Annual Generation, 2015-2035 37
Table 11: Hydropower Market, Philippines, Major Plants, 2023 38
Table 12: Renewable Power Market, Philippines, Cumulative Capacity (GW), 2015-2035 40
Table 13: Renewable Power Market, Philippines, Annual Generation (TWh), 2015-2035 42
Table 14: Renewable Power Market, Philippines, Major Plants, 2023 43
Table 15: Power Market, Philippines, Transmission Line Length (Ckm) by Voltage Level, 2015-2028 44
Table 16: Power Market, Philippines, Distribution Line Length (Ckm) by Voltage Level, 2015-2028 45
Table 17: Power Market, Philippines, Upcoming Interconnection Projects 46
Table 18: Abbreviations
List of Figures
Figure 1: Power Market, Philippines, Annual Generation Share by Technology, 2023 and 2035
Figure 2: Power Market, Philippines, Power Consumption by Sector (%), 2030
Figure 3: Power Market, Philippines, Country Summary
Figure 4: Power Market, Philippines, Macroeconomic Factors, 2015-2030
Figure 5: Power Market, Philippines, Market Structure
Figure 6: Power Market, Philippines, Market Share of Generation Companies (%), 2023
Figure 7: Power Market, Philippines, Deal Value and Number of Deals, 2015-2023
Figure 8: Power Market, Philippines, Deals by Type (%), 2023
Figure 9: Power Market, Philippines, Annual Power Consumption, 2015-2035
Figure 10: Power Market, Philippines, Power Consumption by Sector (%), 2023
Figure 11: Power Market, Philippines, Cumulative Capacity Share by Technology (%), 2023
Figure 12: Power Market, Philippines, Cumulative Capacity and Annual Generation, 2015-2035
Figure 13: Power Market, Philippines, Capacity Share by Technology, 2015-2035
Figure 14: Power Market, Philippines, Annual Generation Share by Technology, 2015-2035
Figure 15: Thermal Power Market, Philippines, Cumulative Capacity and Annual Generation, 2015-2035
Figure 16: Hydropower Market, Philippines, Cumulative Capacity and Annual Generation, 2015-2035
Figure 17: Renewable Power Market, Philippines, Cumulative Capacity, 2015-2035
Figure 18: Renewable Power Market, Philippines, Annual Generation, 2015-2035

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aboitiz Power Corp
  • San Miguel Corp
  • Ayala Corp
  • TeaM Energy Corp