Philippines Power Market Outlook to 2030, Update 2019 - Market Trends, Regulations, and Competitive Landscape

Philippines Power Market Outlook to 2030, Update 2019 - Market Trends, Regulations, and Competitive Landscape

Summary

The GDP of Philippines increased from $70.9 billion in 2000 to $166.4 billion in 2017, and is estimated at $177.3 billion in 2018. It is expected to increase $245.6 billion in 2023. The Philippines economy has performed better than those of most of its Southeast Asian neighbors, owing to its being less integrated with the world economy, low dependence upon exports, constantly high domestic consumption, generous remittances from overseas citizens, and a burgeoning industry for business process outsourcing. The population increased from 77 million in 2000 to 104.9 million in 2017 at a CAGR of 1.8%. By 2022, it is expected to have reached 118.2 million, registering a CAGR of 1.9%.

In the Philippines, population size is closely linked to power consumption, as the residential sector is one of the largest consumers of power. The strength of this sector is essential for the growth of the power sector. Annual electricity consumption increased from 36.6 Terawatt hours (TWh) in 2000 to 81.7 TWh in 2018 at a CAGR of 4.6%. It is expected to reach 110.6 TWh by 2023.

The power sector in the country is heavily skewed in favor of thermal power. In 2018, coal accounted for 36.4% of cumulative installed capacity. Oil made the next highest contribution, with 16.7%, followed by hydro and gas, with respective shares of 15.3% and 14.7%. Of the renewable sources, geothermal accounted for 7.8%, while solar PV, onshore wind and biopower together accounted for the remaining 9.2%.

The government is emphasizing the diversification of the power mix and accelerating the growth of hydropower and renewable power. The potential for growth in installed renewable power capacity is substantial. Geothermal is the dominant form of renewable power, and the shares of wind and solar power in the power mix are expected to rise, owing to favorable Feed-in Tariffs (FiT).

The report Philippines Power Market Outlook to 2030, Update 2019 - Market Trends, Regulations, and Competitive Landscape, elaborates Philippines's power market structure and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the country's power market regulatory structure, import and export trends, competitive landscape, and power projects are provided.

The report also gives a snapshot of the power sector in of the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission infrastructure, degree of competition, regulatory scenario, and future potential. An analysis of the deals market scenario in the country’s power sector is also included in the report.

Companies mentioned: San Miguel Energy Corp, First Gen Corporation, Aboitiz Power Corporation, Philippine National Power Corporation

Scope

  • Snapshot of the country’s power sector across parameters - macro economics, supply security, generation infrastructure, transmission infrastructure, degree of competition, regulatory scenario and future potential of the power sector.
  • Statistics for installed capacity, power generation and consumption from 2010 to 2018, forecast for the next 12 years to 2030
  • Break-up by technology, including thermal, hydro, renewable and nuclear
  • Data on leading current and upcoming projects
  • Information on grid interconnectivity, transmission and distribution infrastructure and power exports and imports
  • Policy and regulatory framework governing the market
  • Detailed analysis of top market participants 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.


  • Executive Summary
    • Philippines, Power Sector Outlook
  • Introduction
    • GlobalData Report Guidance
  • Philippines, Power Market, Snapshot
    • Macroeconomic Factors
      • Table Figure 1: Power Market, Philippines, Gross Domestic Product ($bn), Population (m), and Annual Power Consumption (TWh), 2000–2023
      • Table Power Market, Philippines, GDP, Population, and Annual Electricity Consumption (TWh), 2000–2023
    • Supply Security
    • Opportunities
    • Challenges
  • Philippines, Power Market, Market Analysis
    • Philippines, Power Market, Market Structure
    • Philippines, Power Market, Key Market Players
    • Philippines, Power Market, Financial Deals
      • Deal Value and Volume Analysis, 2008–2018
        • Table Figure 2: Power Market, Philippines, Deal Value ($bn) and Number of Deals, 2008–2018
        • Table Power Market, Philippines, Deal Value ($bn) and Number of Deals, 2008–2018
      • Deals by Type, 2018
        • Table Figure 3: Power Market, Philippines, Deals by Type (%), 2018
    • Philippines, Power Market, Demand Structure
      • Table Figure 4: Power Market, Philippines, Annual Power Consumption (TWh), 2000–2030
      • Power Consumption by Sector, 2017
        • Table Figure 5: Power Market, Philippines, Power Consumption by Sector (%), 2017
  • Philippines, Power Market, Regulatory Scenario
    • Philippines, Power Market, Regulatory Framework
      • Power Sector Reforms and Privatization
    • Philippines, Power Market, Renewable Energy Development
      • National Renewable Energy Program
        • Table Renewable Power Installed Capacity Targets, Philippines, 2011–2030
      • Renewable Energy Act
      • Renewable Portfolio Standards
      • Green Energy Option Program (GEOP)
      • Net–Metering
      • Feed-in Tariffs
        • Table Renewable Energy Market, Feed-in Tariff Rate, Philippines, 2018
      • Proposal on Rooftop Solar Policy
      • Open and Competitive Selection Process (OCSP)
        • Table Renewable Energy Market, Open and Competitive Selection Process Results, Philippines
      • Competitive Selection Process (CSP) for Power Supply Agreements
      • Biofuel Act, 2006
      • Mandatory Use of Biofuel Blend
  • Philippines Power Market, Capacity and Generation Overview
    • Philippines, Power Market, Cumulative Installed Capacity, 2000–2030
      • Installed Capacity by Fuel Type, 2018
        • Table Figure 6: Power Market, Philippines, Cumulative Installed Capacity by Fuel Type (%), 2018
    • Cumulative Installed Capacity and Annual Generation, 2000–2030
      • Table Figure 7: Power Market, Philippines, Cumulative Installed Capacity (GW) and Annual Generation (TWh), 2000–2030
      • Table Power Market, Philippines, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh), 2000–2030
      • Cumulative Installed Thermal Power Capacity and Annual Thermal Power Generation, 2000–2030
        • Table Power Market, Philippines, Leading Thermal Power Plants (MW), 2017
        • Table Figure 8: Power Market, Philippines, Cumulative Installed Thermal Power Capacity (GW) and Annual Thermal Power Generation (TWh), 2000–2030
        • Table Power Market, Philippines, Cumulative Installed Thermal Power Capacity (GW) and Annual Thermal Power Generation (TWh), 2000–2030
      • Cumulative Installed Hydropower Capacity and Annual Hydropower Generation, 2000–2030
        • Table Power Market, Philippines, Top Active Hydropower Plants (MW), 2018
        • Table Figure 9: Power Market, Philippines, Cumulative Installed Hydropower Capacity (GW) and Annual Hydropower Generation (TWh), 2000–2030
        • Table Power Market, Philippines, Cumulative Installed Hydropower Capacity (GW) and Annual Hydropower Generation (TWh), 2000–2030
      • Cumulative Installed Non-hydro Renewable Power Capacity and Annual Non-hydro Renewable Power Generation, 2000–2030
        • Table Power Market, Philippines, Leading Non-hydro Renewable Power Plants (MW), 2017
        • Table Figure 10: Power Market, Philippines, Cumulative Installed Non-hydro Renewable Power Capacity (GW) and Annual Nonhydro Renewable Power Generation (TWh), 2000–2030
        • Table Power Market, Philippines, Cumulative Installed Non-hydro Renewable Power Capacity (GW) and Annual Nonhydro Renewable Power Generation (TWh), 2000–2030
  • Philippines, Power Market, Transmission and Distribution Overview
    • Philippines, Power Market, Transmission Network Overview
      • Table Power Market, Philippines, Transmission Line Length (Ckm) by Voltage Levels, 2007–2025
    • Philippines, Power Market, Distribution Network Overview
      • Table Power Market, Philippines, Distribution Line Length (Ckm), 2007–2025
    • Philippines, Power Market, Grid Interconnection
    • Philippines, Power Market, Electricity Trading
  • Philippines, Power Market, Competitive Landscape: Snapshot of Leading Power Generating Companies
    • Key Company in the Philippines Power Market: San Miguel Corporation
      • Company Overview
      • Business Description
      • SWOT Overview
        • Table Power Market, Philippines, San Miguel Corporation, SWOT Profile, 2017
    • Key Company in the Philippines Power Market: First Gen Corporation
      • Company Overview
      • Business Description
      • SWOT Overview
        • Table Power Market, Philippines, First Gen Corporation, SWOT Profile, 2017
    • Key Company in the Philippines Power Market: Aboitiz Power Corporation
      • Company Overview
      • Business Description
      • SWOT Overview
        • Table Power Market, Philippines, Aboitiz Power Corporation, SWOT Profile, 2017
    • Key Company in the Philippines Power Market: National Power Corporation
      • Company Overview
      • Business Description
      • SWOT Overview
        • Table Power Market, Philippines, National Power Corporation, SWOT Profile, 2018
  • Appendix
    • Market Definitions
      • Power
      • Installed Capacity
      • Electricity Generation
      • Electricity Consumption
      • Thermal Power Plant
      • Hydropower Plant
      • Nuclear Power
      • Renewable Energy Resources
    • Abbreviations
      • Table Abbreviations
    • Bibliography
    • Methodology
    • Coverage
      • Secondary Research
      • Primary Research
      • Modeling and Forecasting
    • Contact Us
    • Disclaimer

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