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Philippines to temporarily increase coal use in April to stabilize power prices amid rising LNG costs.
The Philippines will temporarily boost coal power generation starting in April to stabilize electricity prices amid rising LNG costs caused by Middle East disruptions.
Energy Secretary Sharon Garin said the move, aimed at preventing rate hikes and outages, will maximize existing coal plants and increase imports from Indonesia, which has assured steady supply.
Coal supplies about 60% of the nation’s electricity, and the shift is temporary, not a policy change.
The government is also monitoring a new gas discovery near Malampaya and securing additional oil reserves.
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Filipinas aumentará temporalmente el uso de carbón en abril para estabilizar los precios de la electricidad en medio del aumento de los costos del GNL.