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Philippines Declares Year-Long Energy Emergency Amid Rising Costs

3/25/2026

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Summary

Story summary

Philippine President Ferdinand Marcos declared a national energy emergency lasting one year to combat hoarding and secure fuel contracts.
The Philippines plans to raise coal-fired power output to curb rising electricity costs; coal makes up 60% of its energy.
Energy Secretary Sharon Garin said Indonesia will not limit coal imports, aiding energy strategy.
A natural gas discovery near Malampaya may extend supply, crucial for Luzon's power needs.

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Story summary

Philippine President Ferdinand Marcos declared a national energy emergency lasting one year to combat hoarding and secure fuel contracts.
The Philippines plans to raise coal-fired power output to curb rising electricity costs; coal makes up 60% of its energy.
Energy Secretary Sharon Garin said Indonesia will not limit coal imports, aiding energy strategy.
A natural gas discovery near Malampaya may extend supply, crucial for Luzon's power needs.