Power Development Plan 2023-2050

EXECUTIVE SUMMARY
 


The Power Development Plan (PDP) 2023–2050 serves as a comprehensive guide for industry participants, offering a detailed view of the Philippine electric power industry highlights, outlook and roadmaps.
This development plan contains three chapters, summarized as follows:
 
  • Chapter 1. Power Sector Highlights 2021-2022 delves into the country’s power situation, presenting significant power-related statistics and identifying major policies and programs promulgated from 2021 to the second quarter of 2023.
  • Chapter 2. Power Demand and Supply Outlook 2023–2050 presents the annual peak demand forecast and corresponding power supply expansion with a focus on technology-specific projections.

Aligned with the Department’s commitment to cleaner energy, the PDP 2023-2050 adopted the national renewable energy (RE) power generation mix target of 35% by 2030 and 50% by 2040 as the reference scenario.
Further, the Department simulated the generation capacity expansion plan using the following two additional scenarios, i.e., entry of Low or High Off-Shore Wind at 19 GW and 50 GW, respectively, nuclear technology at 4.8 GW, and repurposing of existing coal-fired power plants in each grid.
The results highlighted that the country’s peak demand will significantly increase from 16,596 MW (2022) to 68,483 MW (2050), equivalent to an annual average growth rate of 5.2%.
This necessitates an increase to the Philippines’ installed capacity by about five times for the reference scenario and Clean Energy Scenario 1, and six times for Clean Energy Scenario 2, which will come from existing, committed, and new build capacities.

  • Chapter 3. Power Sector Roadmap, 2023–2050 provides the updated power sector roadmaps for generation, transmission, distribution, supply, electricity market, off-grid development, and total electrification. These roadmaps are anchored on the following three main goals by 2050:
● Energy security, resiliency, affordability, and sustainability;
● Transparent and fair playing field in the power industry; and,
● Electricity access for all.
 
The chapter also emphasizes the overarching strategies, policies, and programs, such as smart grid and power sector database enhancement, among others.
 
The PDP 2023-2050 envisions a competitive Philippine energy industry that leverages clean, efficient, robust, and sustainable technologies.
Its success hinges not only on effective implementation but also on collaboration and collective efforts of key stakeholders such as policy and regulatory bodies, energy stakeholders, and industry partners.
Recognizing its role in the energy sector, the DOE reaffirms its commitment to seamlessly implement this development plan’s goals to ensure a stable, reliable, secure, and reasonably-priced supply of electric power for all Filipinos. 
 
 

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