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Business July 29, 2026

Renewable Energy Target Reaffirmed by Marcos

Renewable Energy Target Reaffirmed by Marcos

President Ferdinand R. Marcos, Jr. emphasized the Philippine government's aspiration to boost renewable energy's contribution to the country's power generation mix to 50% by the year 2040.

During the inauguration of the Energy Museum at the Department of Energy, President Marcos announced that renewable energy currently constitutes around 25% of electricity generation, with the government seeking to reach 35% by the year 2030.

"It is only fair that Filipino families be billed for the electricity they utilize, rather than being burdened by inefficiencies that are beyond their control," he stated.

President Marcos reaffirmed the administration's dedication to expanding renewable energy while pushing for reforms aimed at reducing electricity expenditures.

President Ferdinand R. Marcos, Jr. made these statements during the inauguration of the Energy Museum at the Department of Energy yesterday. The President spoke passionately about the importance of renewable energy in the Philippines, emphasizing the government's commitment to increasing its share in the country's power generation mix to 50% by the year 2040.

In an engaging speech, President Marcos highlighted that renewable energy currently contributes around 25% of the country's electricity production, with the administration's goal to boost this contribution to 35% by the year 2030.

The esteemed leader affirmed that it is only fair for Filipino households to be charged for the electricity they utilize, rather than being burdened by uncontrollable energy inefficiencies.

The President further emphasized the government's dedication to expanding the utilization of renewable energy while pushing for reforms aimed at reducing electricity expenses.

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