Philippine Energy Plan 2018-2040

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Overview and Executive Summary

Secretary Alfonso G. Cusi, during the turnover ceremony as the new Chief of the Department of Energy (DOE) in July 2016, highlighted the Department’s mission of improving the lives of Filipinos. To achieve this call, the DOE Secretary directed the energy sector to concentrate on specific areas that promote a “consumer first” perspective, provide a level playing field for all stakeholders, and bring about change, which should start at the very core of government service.

President Rodrigo R. Duterte signed Executive Order (EO) 5 in October 2016 adopting a 25-year long-term vision known as the AmBisyon Natin 2040, which sees the Philippines as a “prosperous, predominantly middle-class society by 2040.” The EO required all plans of the government agencies, offices and instrumentalities, including government-owned or -controlled corporations (GOCC) and LGUs shall be consistent with the said vision.

The government’s long-term vision packaged under the AmBisyon Natin 2040 expects that by 2040, Filipinos will have a strongly rooted, comfortable and secure life. To realize this vision, the DOE responded with the formulation of the Philippine Energy Plan (PEP) 2018-2040 that embodies a clear set of objectives, namely:

a) Increase the production of clean and indigenous sources of energy to meet the growing economic development of the country;
b) Decrease the wasteful utilization of energy through the use of energy efficiency tools and strategies; and
c) Ensure the balance between the provision of reliable and reasonably priced energy services, support for economic growth, and protection of the environment.

And just like AmBisyon Natin 2040, the PEP lays down the foundation to ensure that Filipinos gain from the deliverables set forth in the energy roadmaps by 2040, specifically covering the following areas:

I. Ensuring Energy Services 24/7;
II. Creating Wealth for Filipinos;
III. Consumer Empowerment; and,
IV. Philippine Agenda with the International Community.