Duration:
Jan 03, 2022 to Dec 29, 2022
Funding Agency:
Philippine Institute for Development Studies
Focus Area(s):
Regional, Urban, and Rural Development

The International Energy Agency (IEA) defines energy security as “the uninterrupted availability of energy sources at an affordable price” (IEA n.d.). The Philippine Development Plan (PDP) 2017-2022, both the original PDP and the PDP Update released in February 2021, did not explicitly define energy security. Nevertheless, we can glean aspects of energy security goals from the targets set in the Updated PDP 2017-2022. Taken together, the IEA definition and the PDP targets bring to the surface the following elements of energy security: supply sufficiency at present and in the future, supply quality (which could mean uninterrupted availability and power system reliability in the context of electricity supply), access, affordability, and environmental sustainability. Energy security as a developmental goal affects socioeconomic development and our national security. We can help promote energy security by having reliable projections and updated indicators. Revisiting the treatment of energy security indicators in the Philippines is important in order to arrive at informed decision-making. The general objective of the study is to assess the energy security of the country, identify relevant issues, and formulate policy recommendations.

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